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639 points CTOSian | 1 comments | | HN request time: 0.201s | source
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zaptheimpaler ◴[] No.45029926[source]
> importers must declare the exact amount of steel, copper, and aluminum in products, with a 100% tariff applied to these materials. This makes little sense—PCBs, for instance, contain copper traces, but the quantity is nearly impossible to estimate.

Wow this administration is f**ing batshit insane. I thought the tariffs would be on raw metals, not anything at all that happens to contain them.

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miltonlost ◴[] No.45030340[source]
Tarriffs on raw materials in order to boost local manufactring is also insane. That's what needs to be cheap. Corrupt, stupid, evil policies.
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mothballed ◴[] No.45030530[source]
The workers yearn to go back in the fiery sweaty steel mills where every 3rd year one of their coworkers has their arms turned into a molten blob.
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quacked ◴[] No.45030544[source]
Do you think that there shouldn't be any steel mills in the US?
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mothballed ◴[] No.45030554[source]
I don't know. If we have a comparative advantage at it, sure. If we have a comparative advantage in designing the stuff that gets made in a steel mill in China I can't imagine workers rationally wanting to reverse that via tariffs.
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kevin_thibedeau ◴[] No.45032179[source]
The Romans externalized all their critical production. It didn't work out well for them.
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1. greycol ◴[] No.45033620[source]
Food, iron and salt where all from inside their empire. What critical production are you actually referring to?

Closest I can think of is the Romans required a constant influx of cheap labour from outside their empire for their economy. When the flow stopped (diminished conquering meant diminished number of slaves coming in) that was a major factor in economic decline.