U.S. President Donald Trump’s planned 25 per cent tariffs on steel and aluminum imports would be stacked on top of other levies on Canadian goods, says a White House official who confirmed the plan Tuesday on background.
They won’t be able to afford our medical isotopes soon. These are raw material inputs into high value industries. This will damage US aerospace, automotive, etc.
Don’t tariff your inputs! This means Boeing will pay a lot more for any aluminum (domestic capacity insufficient, and less price competition vs. eat the tariff).
It’s going to suck, but at least I can revel in the schadenfreude as the US shoots itself in the foot.
They won’t be able to afford our medical isotopes soon. These are raw material inputs into high value industries. This will damage US aerospace, automotive, etc.
Don’t tariff your inputs! This means Boeing will pay a lot more for any aluminum (domestic capacity insufficient, and less price competition vs. eat the tariff).
It’s going to suck, but at least I can revel in the schadenfreude as the US shoots itself in the foot.