SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: AC Flyer who wrote (16327)3/6/2002 10:33:56 AM
From: elmatador  Respond to of 74559
 
Since you know the metal market: The Copper and Brass Fabrication Council Inc., an American association of manufacturers of drums and brass utensils makers asked —based in the resolution 301— for retaliation against Brazil because it prohibited exports of brass and zinc scrap.

That made the price of those scrap in the international market to climb increasing the costs to the American industries to $150 million. Normally they retaliated if some country exports some cheap stuff. They wanted retaliation because Brazil was not exporting!!!

In an effort to force countries into line the U.S. putting countries in intimidatory watching lists. The U.S. doesn’t have even to implement retaliatory measures; it is enough to threat retaliation to harm Brazil’s exports.

For instance, when the U.S. threatened —but didn’t— retaliation against Brazilian exports of specialty chemicals, American imports cancelled orders causing Brazilian companies $400 million in lost exports.

That happened in the late 80s.



To: AC Flyer who wrote (16327)3/6/2002 8:02:34 PM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Hi Mike, <<Did I detect a little wishful thinking there?>>
You may have, but you are wrong. I once said to CB, “If my writings are read exactly at face value, then you will realize that I have little to reconcile, at least within my own frame of reference and in accordance with my internal logic/consistency. If, however, my writings are read 'between the lines', as I did not intend, then reconciliation may appear to be necessary.”
Chugs, Jay