Just about all of it gets passed to the end user. There might be some projects put on hold if pipe gets too high or in short supply. I think it will end up being a good thing, though.
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Anybody effected by these steel/aluminum tarrifs?
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The one tarrif I can comment on with any knowledge is the Canadian lumber tariff slapped on them the first weeks he was in. I know loggers in Canada. They pay pennies for vast acreage of “queen lands”. The government builds the roads for them, bridges, whatever is needed, and we are talking thousands of miles of roads. They cut the timber, mill it and undersell American timber. They put the southern lumber industry out of business. Trump puts a tarrif on them. People screamed it would cause a lumber shortage, increase cost, put builders out of business....it didn’t. Now, a year later, we have new mills being built pouring hundreds of millions into economies of poverty. These people WANT WORK. Now we are getting it. THAT tariff worked. I’ll bet this one will too.
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Originally posted by donpablo View PostIf I remember right (and I may have read it wrong) he suggested imposing tariffs on non-domestic oil. Just about everyone on here started ranting about what a horrible idea it was.
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Originally posted by texansfan View PostHow will this effect your pricing and profit margins?
Especially for the jobs you've already bid on/accepted but have yet to purchase the raw materials for.
Do you eat the cost or go back to your client and tell them "because of the tariffs...."
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I like this tariff move
Only if he would come with a more complete thought out plan
How about having SMART goals describing how to move ppl in the South and Midwest off of welfare into the newly reopened steel mills
I know Alabama has a bunch of closed down mills and also has a high welfare rate
The more I think of it the more I think this is something I could really get behind
Have the granola treehuggers help him design a more complete aluminum recycling campaign
I wonder what the recycle rate is for cans anyway?
I need to look that up
This is just the cost of doing business in America
The biggest market in the world
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Originally posted by texansfan View PostAnybody???
Do you eat the cost or go back to your client and tell them "because of the tariffs...."
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Originally posted by tward1604 View PostI'm not sure there is ever anything wrong with putting America first. Funny thing is domestic metal will rise until it hits a point that is at or above foreign metals again and the people who will by import metals will go back to importing it'll just cost more.
I like his thought process but I'd like to have seen a more thorough robust and complete plan from him.
He just did "we're going to increase the tariff"
Rather than saying "we're going to increase tariffs and here are the dozen reasons why and the two dozen downstream benefits but the half dozen downstream pitfalls"
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Originally posted by Man View PostWhen both parties are in agreement its for a set amount of steel at an agreed upon $ amount. When we go to purchase the next orders the agreement will be re discussed with Tariffs cost accounted for.
Dang
Now I just thought of those huge Deere and Caterpillar earth movers
They use a ton of steel
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