Depends if they are chasing short term margins or long term market share. If your competitors raise prices and you do nothing you’ll sell more units which will lower your production costs and you’ll get better margins and have more volume over time.
The prices of U.S. steel products have increased in recent years as well. Between December 2017 and December 2021, average monthly prices for hot-rolled steel (a common steel product frequently used to track steel prices) increased from $697 per metric ton to $1,855 per metric ton, an increase of 166.1 percent. Although prices have increased globally since 2018, the increase has been much higher in the United States than elsewhere, despite fluctuations during that period. These changes in imports, production, and prices have had impacts on downstream industries such as construction and automotive manufacturing that rely extensively on steel inputs.
The reason why countries don’t want tariffs on their goods is because you make them less competitive because you’re raising the costs on their goods which they have to pass to their consumers making their goods less competitive.
But hey, if Trump is pressuring US companies to absorb all of that (he’s taxing them, see GM) and then he gets a moron supporter to create a “Tariffs are work splendidly” post, those countries are happy to work under that system.
Comments
Dude, you are living in an Orwellian doublespeak world. This is where the dear deal leader reverses the meaning of the situation for you.
@AOG I will pay close attention to yellow curry powder prices and report back when they increase by 25%.
Give us a number what Trumps CPI would have been without the Chinese tariffs.
Yellow curry has close to the same weighting in the CPI that gas prices and healthcare do. So this is gonna be really bad.
Same question to you.
Women and children hardest hit
Domestic producers raise prices when foreign competitors' prices rise. Yes or no?
Depends if they are chasing short term margins or long term market share. If your competitors raise prices and you do nothing you’ll sell more units which will lower your production costs and you’ll get better margins and have more volume over time.
Good news for America is bad news for H
You use 'fascist' regularly but can't define a specific fascist act.
Doublespeak. Fuck off.
I sometimes use fascist, but MAGA is turning the US into a far right authoritarian state. Anyway it's another straw man. I've been discussing tariffs.
Economic Impact of Tariffs Under Sections 232 and 301 on U.S. Industries
The prices of U.S. steel products have increased in recent years as well. Between December 2017 and December 2021, average monthly prices for hot-rolled steel (a common steel product frequently used to track steel prices) increased from $697 per metric ton to $1,855 per metric ton, an increase of 166.1 percent. Although prices have increased globally since 2018, the increase has been much higher in the United States than elsewhere, despite fluctuations during that period. These changes in imports, production, and prices have had impacts on downstream industries such as construction and automotive manufacturing that rely extensively on steel inputs.
The reason why countries don’t want tariffs on their goods is because you make them less competitive because you’re raising the costs on their goods which they have to pass to their consumers making their goods less competitive.
But hey, if Trump is pressuring US companies to absorb all of that (he’s taxing them, see GM) and then he gets a moron supporter to create a “Tariffs are work splendidly” post, those countries are happy to work under that system.
Again it’s math, that has to come from somewhere.
The Throbber has not relented.
No strawman. Consistency.
"Sometimes'.
Fuck off.
And again..Race can’t make an argument for himself yet again and needs to paste every rebuttal.
@PurpleThrobber Hey asshole…..MSTR is still down 20%!!!
You idiots still think that cost determines consumer prices.
Please illustrate the study and it's evidence. Should be easy H. Wouldn't want to mistake what your argument is.