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I doubt you research any thing you say, You rattle off facts like they are facts, and you probably believe your own lies.
The US now buys most of its steel from.....China. I can't call this but a straight out lie simply can't.
Look pretty far down the list, I am large it for you.
Also, it's nice of you to post current numbers, but what were those numbers 5 or 10 years ago? It is because of specific actions to reduce the China steel trade that those numbers are so low!(3) The stated objective of the Section 232 tariffs — blocking subsidized Chinese steel from the U.S. market — has been achieved using other tools.
Overcapacity in China resulting from subsidies and other Chinese government support to its steel producers is widely recognized as the principal challenge for global steel markets. However, other U.S. actions — not the Section 232 tariffs — have barred nearly all steel imports from China.
Import penetration for steel products was just 22% in June 2021, meaning that domestic steel production accounted for 78% of the U.S. market. Chinese steel imports account for about 1% of U.S. steel consumption.How was this achieved? U.S. anti-dumping and countervailing duties (AD/CVDs) are applied to dumped or subsidized imports, and nearly half of the roughly 600 orders in place apply to iron and steel imports. Steel imports from China have been targeted far more often than those from any other country. These duties soar into the double and triple digits.
The aggressive application of these tariffs, together with the separate Section 301 tariffs of 25% also applied to steel imports from China, have almost entirely blocked Chinese steel from the U.S. market.
Also, it's nice of you to post current numbers, but what were those numbers 5 or 10 years ago? It is because of specific actions to reduce the China steel trade that those numbers are so low!(3) The stated objective of the Section 232 tariffs — blocking subsidized Chinese steel from the U.S. market — has been achieved using other tools.
Overcapacity in China resulting from subsidies and other Chinese government support to its steel producers is widely recognized as the principal challenge for global steel markets. However, other U.S. actions — not the Section 232 tariffs — have barred nearly all steel imports from China.
Import penetration for steel products was just 22% in June 2021, meaning that domestic steel production accounted for 78% of the U.S. market. Chinese steel imports account for about 1% of U.S. steel consumption.How was this achieved? U.S. anti-dumping and countervailing duties (AD/CVDs) are applied to dumped or subsidized imports, and nearly half of the roughly 600 orders in place apply to iron and steel imports. Steel imports from China have been targeted far more often than those from any other country. These duties soar into the double and triple digits.
The aggressive application of these tariffs, together with the separate Section 301 tariffs of 25% also applied to steel imports from China, have almost entirely blocked Chinese steel from the U.S. market.
Thank you have just bolstered what I would saying.
Also, it's nice of you to post current numbers, but what were those numbers 5 or 10 years ago? It is because of specific actions to reduce the China steel trade that those numbers are so low!(3) The stated objective of the Section 232 tariffs — blocking subsidized Chinese steel from the U.S. market — has been achieved using other tools.
Overcapacity in China resulting from subsidies and other Chinese government support to its steel producers is widely recognized as the principal challenge for global steel markets. However, other U.S. actions — not the Section 232 tariffs — have barred nearly all steel imports from China.
Import penetration for steel products was just 22% in June 2021, meaning that domestic steel production accounted for 78% of the U.S. market. Chinese steel imports account for about 1% of U.S. steel consumption.How was this achieved? U.S. anti-dumping and countervailing duties (AD/CVDs) are applied to dumped or subsidized imports, and nearly half of the roughly 600 orders in place apply to iron and steel imports. Steel imports from China have been targeted far more often than those from any other country. These duties soar into the double and triple digits.
The aggressive application of these tariffs, together with the separate Section 301 tariffs of 25% also applied to steel imports from China, have almost entirely blocked Chinese steel from the U.S. market.
Thank you have just bolstered what I would saying.
So let China have it. Sooner or later, someone else is going to do it cheaper and China will have that same discussion. This is like trying to keep something around just because it was there before. If I sold food and Walmart came to town, what are my options? Try go toe to toe with them and optimize my operation and keep squeezing it till it can't save any more money and still keep at it? Or I can realize my time is over, find something they don’t do and do it better.
It's not that simple when it comes to Chinese state Subsidized steel dumping.. The answer to that problem is slap a huge tariff on it and level the playing field.. we as a nation should NOT rely on China for anything, they have become our adversary...Comparing Walmart to Chinese steel is apple's to oranges.
It's not that simple when it comes to Chinese state Subsidized steel dumping.. The answer to that problem is slap a huge tariff on it and level the playing field.. we as a nation should NOT rely on China for anything, they have become our adversary...Comparing Walmart to Chinese steel is apple's to oranges.
Why do I want to play on that field at all when I can't win? Even without dumping, we still can't compete so give it up. I'm not going to play with your marked deck either. But lets say we slap a huge tariff on the steel. What now? Do we want to get back to steel manufacturing? Our steel workers want how much vs their steel workers? How will you ever compete? A few years ago, we priced out sending a 40 foot container to China to get the grain product bagged. It came out cheaper to send a 40 foot container over there, get them to use a few guys to shovel out the product, put it in bags and weigh it and sew it MANUALLY and ship it to the final destination than we could ever to here at the feed mills bag it mechanically and sent it to the final destination. How do you want to play this game? That was WITHOUT any sort of dumping.
you clearly have no idea how “trade unions” in china operate
We are truly living in the age of enlightenment, UAW fans praising PR China on their “unions”. LOL.
I’ve had to go to China for work on behalf of my previous employers and believe me, if this was China, Fain would have been disappeared and at best, working at a labor reform camp for about 3 cents a day plus some “food”. Their unions are direct organs of the state security and in turn, directly report to the communist party. But maybe that's what you aspire to, I don't know.
Why do I want to play on that field at all when I can't win? Even without dumping, we still can't compete so give it up. I'm not going to play with your marked deck either. But lets say we slap a huge tariff on the steel. What now? Do we want to get back to steel manufacturing? Our steel workers want how much vs their steel workers? How will you ever compete? A few years ago, we priced out sending a 40 foot container to China to get the grain product bagged. It came out cheaper to send a 40 foot container over there, get them to use a few guys to shovel out the product, put it in bags and weigh it and sew it MANUALLY and ship it to the final destination than we could ever to here at the feed mills bag it mechanically and sent it to the final destination. How do you want to play this game? That was WITHOUT any sort of dumping.
The Chinese steel issue is a much bigger problem than getting a 40 foot sea can full of grain sacks loaded and shipped again apples to oranges...what will you do if the US ends up in conflict with them continue to use their slave or child labor? IMO the CCP more than likely has their hand in in every Chinese business and uses the take to build the military or Subsidize steel exports.. thats the game the Chinese government plays not me.
The Chinese steel issue is a much bigger problem than getting a 40 foot sea can full of grain sacks loaded and shipped again apples to oranges...what will you do if the US ends up in conflict with them continue to use their slave or child labor? IMO the CCP more than likely has their hand in in every Chinese business and uses the take to build the military or Subsidize steel exports.. thats the game the Chinese government plays not me.
CCP now has directly appointed political officers in every sizable business.
It has been that way for a long time in state owned and large industrial firms ever since 1949, and was expanded to high tech and small to medium private enterprises since mid-2010s under the guise of "streamlining bureaucratic obstacles". At least one member directly appointed by the local party apparatus sits on the board and can veto any proposal with no explanation and reports directly to the regional party committee. Between that and the crack down on foreign financial and auditing firms under the auspices of "anti-espionage" laws, fun times for the "labor" there.
But successive US administrations, including the current one, except one, keep trying to "re-engage" so here we are. The time to address the root problem was the early 70s but we are far past that now.
The Chinese steel issue is a much bigger problem than getting a 40 foot sea can full of grain sacks loaded and shipped again apples to oranges...what will you do if the US ends up in conflict with them continue to use their slave or child labor? IMO the CCP more than likely has their hand in in every Chinese business and uses the take to build the military or Subsidize steel exports.. thats the game the Chinese government plays not me.
I got no issue with using their labor. It's their country and I got no say if they want to grind them up for meat. I don't want them to tell me how to do my things in my country so I don't tell them how they can or cannot do their things. Using your logic of a conflict, we are going to have to have any and every industry here even if it isn't profitable. You got any idea how to do that?
Louisville makes the Escape and the Corsair. Combined they sold under 160k annually last two years and about the same this year at the rate they are selling, compared to over 300k for the Escape alone as recently as 2018. I believe Ford said(someone correct me if I am wrong) that the Escape and its variant may be going away after its current life cycle ends around 2025, after which the plant will be converted to make EVs, with most likely less workers needed when that happens. I hope the hourly workers in LAP get trained in something else because come 2025, they will not need all ~3200 hourly workers there if an EV production line does go in. Ford already makes the Kuga in China and Spain, so if they do decide to hold onto the Escape for a little longer they can just import them from one of those two places like what they are going to do with the Nautilus and currently doing with the Transit Connect.
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