Hijo de luna
Superstar
We are a US supplier/distributor. We have company wide emergency meeting in a couple of hours. I heard some guy yelling on the phone a minute ago. These cacs are livid. China only exports about 2% of the metal into the US so the tariffs have nothing to do with the industry as Trump claims, but the US based steel mills are milking the oportunity and raising the prices. Steel price in the US is more volatile than bitcoin right now. Our price guarantee is only good for 24 hours.
Ultimately what this is- big money grip steel producers-ArcelorMittal $75 billion in revenue(AKA Trumps buddies)- raise the prices on metal. Suppliers in turn raise prices for manufactures, manufactures raise prices for consumers like you and I. The prices for everything, from cars to appliances will rise disproportionately hurting the common folk. This tariff won't produce a single job.
And that my friends is how the rich gets richer and the poor gets poorer. These poor white trash cacs are fukking idiots man
Ultimately what this is- big money grip steel producers-ArcelorMittal $75 billion in revenue(AKA Trumps buddies)- raise the prices on metal. Suppliers in turn raise prices for manufactures, manufactures raise prices for consumers like you and I. The prices for everything, from cars to appliances will rise disproportionately hurting the common folk. This tariff won't produce a single job.
And that my friends is how the rich gets richer and the poor gets poorer. These poor white trash cacs are fukking idiots man
about it, since we don’t want no ‘escalation in trade tensions’.. although some have suggested having a contingency plan is the way forward..
