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Author Topic: Steel prices gone up 3 times today. GOUGE  (Read 1054 times)
BigM
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« on: March 05, 2018, 11:37:26 AM »

Went to get some rebar. Sales lady said price had increased 3 times just today and going on up. rebar, tube, and plate. Talk about GOUGING. nothing has been passed or done yet on trade.
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Hacked Valk
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« Reply #1 on: March 05, 2018, 12:54:26 PM »

Wait until the asshat in office follows through on tariffs. Your life and everyone else's is about to get a lot more expensive.
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« Reply #2 on: March 05, 2018, 01:02:03 PM »

Went to get some rebar. Sales lady said price had increased 3 times just today and going on up. rebar, tube, and plate. Talk about GOUGING. nothing has been passed or done yet on trade.
Just the market at work. When there is a rumor of oil prices going up, the price of gas goes up. When there is a rumor of banning Canadian cattle, the price of ground beef goes up. The market is betting he will impose tariffs. I think it’s possible he might back down though.
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Gryphon Rider
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2000 Tourer

Calgary, Alberta


« Reply #3 on: March 05, 2018, 01:21:06 PM »

"Very stable genius" at work.
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Beardo
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Regina, Saskatchewan Canada


« Reply #4 on: March 05, 2018, 01:25:34 PM »

Went to get some rebar. Sales lady said price had increased 3 times just today and going on up. rebar, tube, and plate. Talk about GOUGING. nothing has been passed or done yet on trade.
Just the market at work. When there is a rumor of oil prices going up, the price of gas goes up. When there is a rumor of banning Canadian cattle, the price of ground beef goes up. The market is betting he will impose tariffs. I think it’s possible he might back down though.

If the market was left alone, it would work. Want something screwed up, just have the govt get involved.

You haven’t seen nothing yet if the tariffs are put in.
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Serk
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Rowlett, TX


« Reply #5 on: March 05, 2018, 01:36:48 PM »

As I've said before, when President Trump does something right, I'll cheer him for it.

When he does something wrong, I'll roll up my newspaper and whack him upside the head (Figuratively) while yelling BAD Trump! BAD TRUMP! then rub his nose in it and tell him "LOOK what you did! BAD BAD TRUMP!!!"

Tariffs are just taxes on imports. Taxes are bad. This is a bad thing.

(I'm HOPING this is just posturing to bring the other parties to the bargaining table, but we'll see...)
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baldo
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Youbetcha

Cape Cod, MA


« Reply #6 on: March 05, 2018, 01:56:20 PM »

Again, it will swing on how much money he, or his rich buds stand to make....

Or avoid losing....

https://www.bloomberg.com/news/articles/2018-03-02/icahn-sold-down-stake-in-steel-linked-investment-before-tariffs
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MP
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1997 Std Valkyrie and 2001 red/blk I/S w/sidecar

North Dakota


« Reply #7 on: March 05, 2018, 03:10:35 PM »

I have mixed feelings. When other countries level a tariff on us, do we just ignore it? Tariffs here will add a tiny amount. Or, do we just enjoy slightly lower prices?

What about national security? What is it worth to have some steel and aluminum produced here, rather than so much imported? It's worth something to me.

Think of WWII. If we hadn't had our own massive steel Mills, would we have been able to produce guns, tanks, trucks, Jeep's, etc like we did?
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"Ridin' with Cycho"
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« Reply #8 on: March 05, 2018, 03:15:12 PM »

I have mixed feelings. When other countries level a tariff on us, do we just ignore it? Tariffs here will add a tiny amount. Or, do we just enjoy slightly lower prices?

What about national security? What is it worth to have some steel and aluminum produced here, rather than so much imported? It's worth something to me.

Think of WWII. If we hadn't had our own massive steel Mills, would we have been able to produce guns, tanks, trucks, Jeep's, etc like we did?
I agree. I think he would have been wiser to propose specific tariffs against the Chinese and others who are dumping product. To make it unilateral against our Canadian and European allies seems ill advised.
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Willow
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« Reply #9 on: March 05, 2018, 03:26:54 PM »

So some folks are just not going to be happy no matter what.

We don't like it when big companies are motivated to move jobs out of our country, do their manufacturing elsewhere and flood the U.S. market with cheap stuff produced somewhere else.

When something is done to de-motivate that activity we complain that we can no longer buy the cheap stuff from other countries.
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JimC
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SE Wisconsin


« Reply #10 on: March 05, 2018, 04:02:40 PM »

So some folks are just not going to be happy no matter what.

We don't like it when big companies are motivated to move jobs out of our country, do their manufacturing elsewhere and flood the U.S. market with cheap stuff produced somewhere else.

When something is done to de-motivate that activity we complain that we can no longer buy the cheap stuff from other countries.

+ 1

Jim
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Jim Callaghan    SE Wisconsin
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« Reply #11 on: March 05, 2018, 04:27:21 PM »

^^^ + another 1
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Valkpilot
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What does the data say?

Corinth, Texas


« Reply #12 on: March 05, 2018, 05:15:14 PM »

Went to get some rebar. Sales lady said price had increased 3 times just today and going on up. rebar, tube, and plate. Talk about GOUGING. nothing has been passed or done yet on trade.

That sounds like a local decision.  Report it to your State Attorney's office.
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Alpha Dog
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Arcanum, OH


« Reply #13 on: March 06, 2018, 03:33:45 AM »

^^^ + another 1

Another plus 1.  How is a 800 billion trade deficit a good thing?  How is it we bring products into this country at no cost and every other country imposes a 12 to 144 percent tariff on every product we ship overseas.  That is not free trade that is being fleeced big time.  All Trump is calling for is fair trade and that should have always been the motto for trade.  Why does Canada's price of a metric bike or Harley cost so much more than in the states?   
I really think it is a Nafta negotiating ploy right now, but I do know the man was serious about it and was a big part of his campaign when no one else had the balls to go there.
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Robert
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S Florida


« Reply #14 on: March 06, 2018, 03:56:13 AM »

The Nafta agreement is being dangled in front of countries to negotiate a better deal and when in effect it will be a much better place and deal for the US than the previous admin had in giving everything away.
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“Some people see things that are and ask, Why? Some people dream of things that never were and ask, Why not? Some people have to go to work and don’t have time for all that.”
¿spoom
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WI


« Reply #15 on: March 06, 2018, 06:24:06 AM »

^^^ + another 1

Another plus 1.  How is a 800 billion trade deficit a good thing?  How is it we bring products into this country at no cost and every other country imposes a 12 to 144 percent tariff on every product we ship overseas.  That is not free trade that is being fleeced big time.  All Trump is calling for is fair trade and that should have always been the motto for trade.  Why does Canada's price of a metric bike or Harley cost so much more than in the states?   
I really think it is a Nafta negotiating ploy right now, but I do know the man was serious about it and was a big part of his campaign when no one else had the balls to go there.
Agreed regarding NAFTA, but it's a good ploy to not have anything off the table. It's important to shake up the planet to the fact that there's a new sheriff in town and the welcome mat has to be a two-way street. The thing right now is some folks are so consumed with blind hate for Trump that they can't even see straight. Trump can make all the noise he wants about tariffs, but he knows they can be erased as fast as drawn, and so do those who have resisted treating us the way we treat them. The last guy wasn't interested in anything but making folks who don't work comfortable.
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¿spoom
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WI


« Reply #16 on: March 06, 2018, 06:27:34 AM »

It's ironic how folks are screaming about consumers paying more for goods because of Trump's threatened tariffs, yet nobody seems aware of Senator Baldwin (D) of Wisconsin's proposed bill to require all gummint involved infrastructure construction be done with US materials. Apparently it's bad for US consumers to pay more, but not US taxpayers? Guess that's because so many of HER constituents don't pay any Federal Tax?
I agree with Baldwins' bill as long as there are protections against gouging, just as I support Trump.
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old2soon
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Willow Springs mo


« Reply #17 on: March 06, 2018, 01:42:05 PM »

Easier than hell to level the playing field. Like or similar items that a given country taxes tariffs before it hits their shores or at or after arrival we do the same tax tariff plus 1%. RIDE SAFE.
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Robert
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S Florida


« Reply #18 on: March 06, 2018, 02:26:19 PM »

Europe Renews Tariffs On Chinese Steel Pipes As High As 72%
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“Some people see things that are and ask, Why? Some people dream of things that never were and ask, Why not? Some people have to go to work and don’t have time for all that.”
Crackerborn
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SE Wisconsin


« Reply #19 on: March 06, 2018, 02:57:35 PM »

It's ironic how folks are screaming about consumers paying more for goods because of Trump's threatened tariffs, yet nobody seems aware of Senator Baldwin (D) of Wisconsin's proposed bill to require all gummint involved infrastructure construction be done with US materials. Apparently it's bad for US consumers to pay more, but not US taxpayers? Guess that's because so many of HER constituents don't pay any Federal Tax?
I agree with Baldwins' bill as long as there are protections against gouging, just as I support Trump.

I would not get too excited about anything Tammy (Karl) Baldwin proposed since I would guess this may be the first piece of legislation she has proposed in the last 5 years and should require careful vetting. I am not sure where the polls are on her chances in November, but without a ticket leader, I hope she is in trouble. Consider that even the Doyle (Banana) Republic canned her and upon whose coat-tails she rode to office. I am positive she has never seen a tax increase she doesn't approve of.

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