Trump's tariff on Steel and Aluminum imports got my company in a code red panic

[Cynic]

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

As a consumer you've had low gas prices and artificially low interest rates for years but now it's the end of the world because steel is making a move ?

It's not like you are a solar company get funding gutted, this thread is a low-key brag thread and you know it

 

[I Really Mean It]

Black people do not have a self sustaining and independent economy separate from white people.

What are you talking about?

Well, maybe this will be the impetus to start one. Ya'll so-called black people want it both ways. You want to enjoy the fruit of white supremacy, but you also want to overturn the system. That's not how it works. You sound like a house negro fretting over the rebellion and what it'll do to the plate of biscuits master gave you every Sunday.

 

[Wardo]

Shine on them. Keep your spot. Gig Money

 

[New Username]

In the end

The richest will not be effected negatively

But, the rich will become "middle class"

 

[the cac mamba]

Should have voted for Hillary :queenhillary:

yeah, hillary wouldn't have fukked over anyone in america

but we'll never know, will we :jaymad:

 

[Asicz]

Well, maybe this will be the impetus to start one. Ya'll so-called black people want it both ways. You want to enjoy the fruit of white supremacy, but you also want to overturn the system. That's not how it works. You sound like a house negro fretting over the rebellion and what it'll do to the plate of biscuits master gave you every Sunday.

Breh chill out on that house negro talk. check this out


https://www.google.com/amp/s/www.theatlantic.com/amp/article/540522/

 

[Piff Perkins]

So whatever the tarriff is allegedly gonna be, it won't apply to Canada (#1 exporter of steel) or Mexico (#3)


Meanwhile Brazil and SK get fukked. Brilliant idea dumbass. We'll see what happens. The markets didn't go apeshyt today, likely because of the Canada/Mexico exclusions. But apparently Trump was saying today he'll use this as leverage in NAFTA negotiations...which definitely will tank the markets if he follows through with that.

 

[Swirv]

Computers, cars, tech, beercans, airplanes, that's just off the top of my head... and that's not the half of it... it puts a heavy financial strain on all these metal working and sheetmetal companies that employ people... Like I said he's screwing up the ecosystem.

I agree he is messing up but I buy those items you mentioned so he won’t mess me up directly.

 

[UWasntThere]

Couldn't companies buy steel futures to protect themselves from these types of things?

 

[Moich]

Most the folks in panic voted for him.

Lmfaooo turn up

Yep. under armour ceo referred to Trump as an asset

 

[Easy-E]

Gutters ,roofs , vehicles , steel for storage containers for oil & water .structural steel for buildings , beer cans & food storage .

The country already got infrastructure issue

 

[Strapped]

Certain groups will prosper

 

[Pitfalls0117]

I’m not buying anything made of steel or aluminum unless it’s second hand.

You gonna buy canned foods, sodas secondhand?

 

[Scott Larock]

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

Had to read this three times so my ass could get it lol, I got it.

Good shyt, eventually these poor cacs are gonna feel it's the "blacks and hispanics" and these rich white dudes like Trump will milk them again.

Next president would do the same thing Trump is gonna do.

I'm guessing when Democrats are in power they couldn't do a move like this since the "Make America Great Again" angle wouldn't work so they'd have to go another route.

I'm guessing the bucks come in from pushing Diversity and creating Social Drama (men vs women) to entice people to spend more money.

While The Conservatives make their money off the base of racist cacs who will always blame minorities for everything.

 

[Pinyapplesuckas]

i knew you were going to say some dumb shyt like this. aight.

brehs acting like they are never gonna have to make a single purchase for the rest of their lives