Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (16300)	3/6/2002 5:01:06 AM
From: Snowshoe	Read Replies (2) of 74559

Yup, 30% more I wonder if this steel tariff will invoke the law of unintended consequences. Does it also affect manufactured products, or just raw steel? If it's only against raw steel, will U.S. appliance and auto makers now face a glut of cheaper imported manufactured goods? The U.S. has this hypocritical policy of propping up the U.S. sugar industry against foreign competition from Elmatador and his neighbors. Recently the U.S. company that makes Lifesavers candies got fed up with the high U.S. sugar prices and decided to move their production to Canada. This is a good thing for Marcos, because he needs the money to pay the U.S. tariffs on his lumber!

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