Tariffs are working

10,171 Views | 107 Replies | Last: 9 mo ago by ag94whoop
itsyourboypookie
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8:39a, 3/26/25
5.8 billion to build a steel mill creating 1000 permanent jobs, 5400 jobs while building it.

Still not tired of winning

https://www.newsnationnow.com/business/hyundai-to-build-5-8-billion-first-north-american-steel-plant-in-louisiana-creating-5400-jobs/?utm_medium=referral&utm_source=facebook.com&utm_campaign=socialflow&fbclid=IwZXh0bgNhZW0CMTEAAR3JQp0owEuDO5dNVnXhptM3YDt7ERhAzohCcilCiRCFmb1OV9CdU5ClpsY_aem_XXldEKJ_JMc1EefsZrMA5A
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rocky the dog
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8:49a, 3/26/25
AG
That's tariffic.
Elections are when people find out what politicians stand for, and politicians find out what people will fall for.
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MouthBQ98
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8:54a, 3/26/25
AG
It helps those investors and workers. Will that future steel production offset current price increases for many consumers? It depends on what your goals are and how you weigh opportunity costs and consequences.
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TyHolden
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8:59a, 3/26/25
AG
the south is the new rust belt
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Detmersdislocatedshoulder
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In reply to MouthBQ98 • 9:01a, 3/26/25
MouthBQ98 said:
It helps those investors and workers. Will that future steel production offset current price increases for many consumers? It depends on what your goals are and how you weigh opportunity costs and consequences.


if you want what is best for america long term that includes rebuilding our manufacturing base. nafta and the trans pacific partnership has gutted this infrastructure over the last 35 years. there may be some pain but a little pain is acceptable for the greater good. this is for the greater good of our country.
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TAM85
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In reply to Detmersdislocatedshoulder • 9:12a, 3/26/25
Detmersdislocatedshoulder said:
MouthBQ98 said:
It helps those investors and workers. Will that future steel production offset current price increases for many consumers? It depends on what your goals are and how you weigh opportunity costs and consequences.


if you want what is best for america long term that includes rebuilding our manufacturing base. nafta and the trans pacific partnership has gutted this infrastructure over the last 35 years. there may be some pain but a little pain is acceptable for the greater good. this is for the greater good of our country.
That sounds like lifting weights to get stronger.
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No Spin Ag
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In reply to Detmersdislocatedshoulder • 9:14a, 3/26/25
Detmersdislocatedshoulder said:
MouthBQ98 said:
It helps those investors and workers. Will that future steel production offset current price increases for many consumers? It depends on what your goals are and how you weigh opportunity costs and consequences.


if you want what is best for america long term that includes rebuilding our manufacturing base. nafta and the trans pacific partnership has gutted this infrastructure over the last 35 years. there may be some pain but a little pain is acceptable for the greater good. this is for the greater good of our country.


Can't argue with more and higher paying jobs for Americans.
There are in fact two things, science and opinion; the former begets knowledge, the later ignorance. Hippocrates
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cavscout96
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9:16a, 3/26/25
AG
It is a national security issue. When you cannot build cars, homes, or computer chips without going off-shore, you are at the mercy of others. Same when 90% of your pharma production comes from one place.
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vansprinkle
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9:21a, 3/26/25
AG
Chinese steel sucks and lacks decent QC. This should help over the long term.
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infinity ag
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9:21a, 3/26/25
Of course they are.

If you use your common sense and don't fall for the "economists have proved that" cheerleaders, you will see it makes sense in many ways. First it is a good negotiating tactic. Second it levels the playing field.
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infinity ag
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In reply to rocky the dog • 9:22a, 3/26/25
rocky the dog said:
That's tariffic.


Love this!
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infinity ag
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9:23a, 3/26/25
We need to rebuild our manufacturing. We cannot just be a services/high tech economy. We need to be largely self sufficient so no one can blackmail us. China can now F us up with chips (not potato, but IC). We need to make them here.
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CDUB98
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9:24a, 3/26/25
AG
Quote:
Construction on the plant is expected to begin in the third quarter of 2026.
Be very careful about giving Trump credit.

Based on that timeline for construction start, this project was already underway during the Biden Admin.

Also, typically, these press releases are a few to several months after the Detailed Design has started. Now, given Trump wanting a public win, I could see the announcement being sped up right after FID approval, which would fit this timeline.

And, if FID was just approved, the FEL-2 and FEED phases were likely completed in the past two years, with FEED ending December of 2024.

The Trump tariff threats and the $100MM subsidy certainly help make the math work and decisions easier, but Trump did not do this.



Also worth noting that Hyundai cancelled a giant Blue Ammonia plant in this same area last year. Hell, it may even be the same property. The largest drawback was the site prep. Hyundai wanted lump sum, but given that it is effectively river bottoms, nobody would do that. Way too much risk of losing your ass.
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infinity ag
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In reply to cavscout96 • 9:24a, 3/26/25
cavscout96 said:
It is a national security issue. When you cannot build cars, homes, or computer chips without going off-shore, you are at the mercy of others. Same when 90% of your pharma production comes from one place.

Simple concept, isn't it?
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aTmAg
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9:30a, 3/26/25
AG
Then we should shrink government and make it viable to build stuff in America again. Don't add MORE government to FORCE manufacturers to make stuff here that they cannot possibly sell to anybody outside of the US.
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MouthBQ98
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9:59a, 3/26/25
AG
We are still at the mercy of others as the USA doesn't possess or produce adequate amounts of all the raw materials we need. Some, we simply don't have in adequate supply. We can't rely on domestic production for everything.

In the example of steel, the US military in its entirety already only uses like 2-3% of domestic production. We have plenty of capacity. If we are going to make arguments about increasing domestic costs for all Americans in what is effectively a consumption tax increase, the strategic need for domestic production capacity needs to be clear.

It is very clear with advanced chips and processors. It isn't quite so clear we need more domestic steel production to be subsidized at the expense of most Americans.
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infinity ag
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10:00a, 3/26/25
Raw materials, nothing much can be done. We just have to have some economic/military leverage.

If we sell out on everything and claim it is being "conservative", then we are the stupid ones. No wonder China pulls these tricks on us.

Remember the goal is reciprocal tariffs. If they make it 0, we make it 0.
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Rattler12
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In reply to rocky the dog • 10:01a, 3/26/25
rocky the dog said:
That's tariffic.
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MouthBQ98
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In reply to infinity ag • 10:05a, 3/26/25
AG
This I don't have a major problem with, understanding that a tariff is a domestic consumption tax with the consequences that come with increased taxation.
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KidDoc
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10:34a, 3/26/25
AG
Companies are already starting to use tariffs as an excuse to raise prices. We had a new AC quote that was about $1500 higher than expected and they blamed tariffs. Of course they are full of crap because the AC units are made in USA (Rheem)so tariffs shouldn't impact their purchase price.
No material on this site is intended to be a substitute for professional medical advice, diagnosis or treatment. See full Medical Disclaimer.
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FCBlitz
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In reply to cavscout96 • 10:39a, 3/26/25
cavscout96 said:
It is a national security issue. When you cannot build cars, homes, or computer chips without going off-shore, you are at the mercy of others. Same when 90% of your pharma production comes from one place.


Thank about Great Britain. They were (maybe it has changed? since I last knew) on track to lose their last automobile engine manufacturing plant due to their participation for meeting NetZERO REQUIREMENTS.


That was one of the craziest things I ever heard.
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BigRobSA
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In reply to KidDoc • 10:40a, 3/26/25
KidDoc said:
Companies are already starting to use tariffs as an excuse to raise prices. We had a new AC quote that was about $1500 higher than expected and they blamed tariffs. Of course they are full of crap because the AC units are made in USA (Rheem)so tariffs shouldn't impact their purchase price.


Where are the component parts made?

I'm in mfg and our American fundried metal sucks. As does the Mexican. Germans make superior raw castings for us.

But we get components from China, Mexico, etc. Final product is made in the U.S., albeit sometimes in union country.
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KidDoc
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In reply to BigRobSA • 10:41a, 3/26/25
AG
Heck if I know I don't put them together!

Regardless of that there are no tariffs yet, they are proactively raising prices just in case the 4/2 tariffs become reality even though they have clearly already purchased the AC units they have in stock pre-tariff.
No material on this site is intended to be a substitute for professional medical advice, diagnosis or treatment. See full Medical Disclaimer.
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infinity ag
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In reply to KidDoc • 10:41a, 3/26/25
KidDoc said:
Companies are already starting to use tariffs as an excuse to raise prices. We had a new AC quote that was about $1500 higher than expected and they blamed tariffs. Of course they are full of crap because the AC units are made in USA (Rheem)so tariffs shouldn't impact their purchase price.

Well, that is free market economics that many here love. If you don't like the price., you can buy from another guy. If all of them jack it up, you are effed. But then that is how we run our economic and label it "capitalistic" when it is anything but.
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BigRobSA
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In reply to aTmAg • 10:45a, 3/26/25
aTmAg said:
Then we should shrink government and make it viable to build stuff in America again. Don't add MORE government to FORCE manufacturers to make stuff here that they cannot possibly sell to anybody outside of the US.


No....this time....liberalism will work.
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AgGrad99
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In reply to cavscout96 • 10:46a, 3/26/25
AG
cavscout96 said:
It is a national security issue. When you cannot build cars, homes, or computer chips without going off-shore, you are at the mercy of others. Same when 90% of your pharma production comes from one place.
It really is.

I can provide a long list to you, of components we use in our manufacturing, which are only made in Asia. Tooling doesnt even exist anywhere else, because China stole everything with their government funded subsidies.

These are very basic, inexpensive components, that are absolutely necessary for our transportation industry (including military), to operate.

For the sake of our security, manufacturing needs to come back to the US. It's just not been financially feasible the past few decades.
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BigRobSA
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In reply to AgGrad99 • 10:49a, 3/26/25
AgGrad99 said:
cavscout96 said:
It is a national security issue. When you cannot build cars, homes, or computer chips without going off-shore, you are at the mercy of others. Same when 90% of your pharma production comes from one place.
It really is.

I can provide a long list to you, of components we use in our manufacturing, which are only made in Asia. Tooling doesnt even exist anywhere else, because China stole everything with their government funded subsidies.

These are very basic, inexpensive components, that are absolutely necessary for our transportation industry (including military), to operate.

For the sake of our security, manufacturing needs to come back to the US. It's just not been financially feasible the past few decades.


Agreed.

Attack the problem like a conservative, instead, though.
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PDEMDHC
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In reply to rocky the dog • 10:51a, 3/26/25
AG
rocky the dog said:
That's tariffic.
Amen to that. Thankfully, it's not tarrible.
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AgGrad99
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In reply to BigRobSA • 10:55a, 3/26/25
AG

Quote:
Agreed.

Attack the problem like a conservative, instead, though
Not opposed to that by any means.

But I dont know another solution to fixing the imbalance. When I have to compete with the Chinese manufacturer, who's being subsidized by the Government (sometimes owned/controlled outright), I dont know what the solution is. They have a very unfair price advantage, because it's very manipulated market.
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Matt_ag98
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In reply to cavscout96 • 10:59a, 3/26/25
cavscout96 said:
It is a national security issue. When you cannot build cars, homes, or computer chips without going off-shore, you are at the mercy of others. Same when 90% of your pharma production comes from one place.


Yes, it's called the "Organic Industrial Base" and it is indeed an issue...
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Touchless
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In reply to KidDoc • 11:13a, 3/26/25
AG
KidDoc said:
Heck if I know I don't put them together!

Regardless of that there are no tariffs yet, they are proactively raising prices just in case the 4/2 tariffs become reality even though they have clearly already purchased the AC units they have in stock pre-tariff.
If competitors are not domestic, their prices will be higher so fewer people would be buying those units. That means the domestic supply would shrink, which causes prices to go up. Ultimately, domestic and foreign will end up the same. Domestic producers benefit the most, but consumers ultimately pay for it.

Plus, as others mentioned, parts are likely international so that increases production cost, even if done domestically.
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TAMUallen
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11:20a, 3/26/25
AG
The left are tarrified of Trump, his ways, and his success!
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infinity ag
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In reply to PDEMDHC • 11:24a, 3/26/25
PDEMDHC said:
rocky the dog said:
That's tariffic.
Amen to that. Thankfully, it's not tarrible.


OK, let's not tarry any longer.
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BigRobSA
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In reply to AgGrad99 • 12:42p, 3/26/25
AgGrad99 said:

Quote:
Agreed.

Attack the problem like a conservative, instead, though
Not opposed to that by any means.

But I dont know another solution to fixing the imbalance. When I have to compete with the Chinese manufacturer, who's being subsidized by the Government (sometimes owned/controlled outright), I dont know what the solution is. They have a very unfair price advantage, because it's very manipulated market.


Tariffs won't fix the issue, unless you're willing to agree that liberalism ever works. Tariffs are liberal fiscal policy.

Massive deregulation. (Actually helps bring back mfg)
Gut spending.
Extra-massive tax cuts, of all types. (Helps fuel business reinvestment.)

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CDUB98
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In reply to BigRobSA • 12:46p, 3/26/25
AG
Quote:
Massive deregulation. (Actually helps bring back mfg)
Have to point out something here.

In free trade, global free market, no amount of pragmatic regulation reduction will ever make the Western world competitive. The only way would be to ditch all safety and environmental regulations while also allowing a pittance of wages.

That's the fatal flaw in free trade. We are not competing apples to apples.

Having said that, I am fully on board with reducing regulations as much as possible without sacrificing safety and the environment.
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