“President Donald Trump’s threat to impose tariffs on U.S. copper and aluminum imports will result in higher costs for local consumers because of a shortfall in domestic production, analysts and industry participants said on Tuesday.”
So what does this mean? Are prices for copper and aluminum going up or down?
I don’t get why they would put tariffs on raw materials like this. Take aluminum—most of our aluminum cans are made here, but the raw aluminum comes from outside the U.S. If we tax it, we’re just making our own manufacturing more expensive, which could drive jobs away.
@Cody
Yeah, and the guy pushing for this doesn’t get it either.
Teo said:
@Cody
Yeah, and the guy pushing for this doesn’t get it either.
Raise costs, blame liberals, and keep people angry. The usual playbook.
Teo said:
@Cody
Yeah, and the guy pushing for this doesn’t get it either.
His dad got him into Wharton with money, no way he got in on his own.
Teo said:
@Cody
Yeah, and the guy pushing for this doesn’t get it either.
His dad got him into Wharton with money, no way he got in on his own.
Not just got in, bought the degree too. I went to a much lower-ranked business school, and I probably understand tariffs better than he does. That’s pretty scary.
@Cy
Yep, tariffs usually backfire. One industry might win a little, but way more industries lose. It’s bad policy.
Alden said:
@Cy
Yep, tariffs usually backfire. One industry might win a little, but way more industries lose. It’s bad policy.
Which is exactly the point.
@Cy
It’s part of the bigger plan—crash the economy, drive businesses into bankruptcy, and let the ultra-rich buy everything for cheap. They’re just speeding up what happened in Russia after the Soviet collapse.
Do we even have enough copper in the U.S.? This is like putting a tax on coffee when we don’t grow it.
Lee said:
Do we even have enough copper in the U.S.? This is like putting a tax on coffee when we don’t grow it.
Don’t worry, crackheads are already ‘mining’ copper from power lines and houses.
@Vale
I read this out loud, and then Kid Rock came on the radio. It’s a sign.
Who actually benefits from this? Because it sure doesn’t seem like it’s American consumers.
Milan said:
Who actually benefits from this? Because it sure doesn’t seem like it’s American consumers.
Him.
Milan said:
Who actually benefits from this? Because it sure doesn’t seem like it’s American consumers.
Him.
How? Does he have investments in copper or something?
@Milan
If not directly, then people around him do. Every move like this is tied to money somehow. Just look at his history—he always finds a way to make money off his decisions.
Jem said:
@Milan
If not directly, then people around him do. Every move like this is tied to money somehow. Just look at his history—he always finds a way to make money off his decisions.
Or sometimes he just does things because he’s a rambling narcissist who doesn’t think things through.
Is he trying to wreck the economy this year or what?
Is he speedrunning the downfall of the U.S.?
Rylan said:
Is he speedrunning the downfall of the U.S.?
Sure looks like it!