Trump continues to back aluminum and steel tariffs despite Republican fears

[Dill]

(03-09-2018, 07:51 PM)Benton Wrote: That’s part of the issue.

Other countries over produce material to keep employment and production high. Since it’s the government running it, they do it to keep people working and happier. Their excess product isn’t needed, so they dump it into other markets. Not a huge amount ends up here, but enough does to lower the value.

Us companies complain about the cost when we have high tariffs like under bush, but it hasn’t ever effected the end price of goods. Why? Because the end price of goods goes up on most of those items anyway. It’s not like Chevy lowered prices on the Tahoe when they were getting cheaper steel.

In a free market, shouldn't one of these car makers at least look for a competitive edge by lowering prices just that much?

Or is it that they just can't let go of the higher price no matter what, like one of those coconut monkey traps with peanuts inside. Monkey can slip his hand in the hole, but cant pull it out with a fistful of peanuts. And won't let go of the peanuts, even if it means he's monkey soup.



Or is the a gentleman's agreement between competitors not to do that?