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Politics : PRESIDENT GEORGE W. BUSH
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To: GROUND ZERO™ who wrote (323174)11/25/2002 8:41:00 PM
From: DuckTapeSunroof  Read Replies (1) of 769670
 
No problem:

Steel Tariffs - increase costs of most products which use steel, from autos and appliances, to homes and industrial equipment.

Lumber tariffs - increase cost of homes 5% - 6% (depending on lumber content), etc.

Additional costs to port operators, thousands of lost jobs, etc.

Annual costs to the U.S. economy (for just these two actions) measured in the tens of Billions of dollars.

Effect on economic performance: decreased growth rates.
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