Home
>
Political
>
Trade Policy; Hurting Industry and Small Business

Trade Policy; Hurting Industry and Small Business

The steel tariff taxes a few years ago hurt industry and small business and we as a civilization are still paying for that boo boo. This problem was affecting our team in my company and costing our franchisees money and ROI time, due to increased costs in new equipment. The increase in steel costs added $1800 to the trucks and $3000 to the truck beds? All over the import tax and the manipulation, which occurred due to supply and demand issues of the new pricing caused by those import taxes. Even still the steel industry did not have substantially higher profits and hurt were all the manufacturers such as ship builders, truck and car manufacturers.

There were over 20,000 automobile industry layoffs due to the increased prices of steel, because fewer people could afford the increased in prices of SUVs by $800.00. That hurts those laid off, their families and the auto industry just like it hurt our franchisees and their ability to grow their businesses. The import tax of 50% on steel, hurts the rest of the economy, it hurt my team at a time when we need better prices to our customers who are charged out in credit card debt, after all we serve the masses and the average consumer is in that scenario. The import tax on steel created a monopoly on steel for a couple of steel companies who were planning a merger in a competitive world industry sector.

I am upset that we are attacking American companies who have won the market by serving customers and giving them what they want as we all vote with our dollar and then the government creates monopolies at the same time. So of course monopolies are Good as long as the government creates them. We are glad to see that these steel companies are now able to produce steel now that the prices are up, yet some of these steel mills are closed to sell their energy contracts to other companies and stay closed, thus who are we helping? Certainly not my team or company and certainly not helping long term our position of free trade as we need the ability to export with out reciprocal attack from other governments on things like our beef industry, computer industry or airline industries.

We will now see jobs for cars and etc move to Mexico and China this would also be for tractors and heavy industry trucks and trailer manufacturers. We help one industry temporarily and then give away jobs and factory capacity to other countries of our other important industries for what reason? To temporarily prop up an old industry which refuses to compete in the world markets and streamline like all the rest of us to become best of breed? If we really wish to do that we need to take red magic markers thru all the crazy regulations which hamper our industries or force those who trade with us similar environmental laws to compete on an a level playing field. Think about it.

"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.worldthinktank.net/wttbbs

In The News:

Fitness centers and workout studios are starting to establish policies that prohibit shooting phone videos to protect people's privacy.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents

Apple recently notified a small number of iPhone customers in 92 countries that their phones may be under attack by mercenary spyware.

An artificial intelligence-powered home security system can fire paintballs and tear gas at trespassers. The camera identifies human faces and animals.

Technology expert Kim Komando gives her tips and tricks on enhancing your user experience a smartphone and other devices you use everyday.

A new camera called NUCA uses artificial intelligence to create deepfake photos of subjects by stripping away clothing in close to real time.

The Kimberley Kube trail-ready camper has a compact but spacious design and combines luxury, functionality and ruggedness for a weekend getaway.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

Emails instructing you to reset your password for an account may be legitimate, or they may be scams. Kurt "CyberGuy" Knutsson explains.

Northrop Grumman's Manta Ray uncrewed underwater vehicle aims to revolutionize undersea missions — it glides through the ocean without human assistance.

Learn how to work Google's calendar application to streamline and organize your daily tasks from technology expert Kim Komando.

If you do not want Facebook to have automatic access to your private photos, follow our tips to protect yourself. Kurt “CyberGuy" Knutsson shows you how.

Kurt “CyberGuy" Knutsson goes into detail about Apple’s recent iOS update that allows iPhone users to instantly translate spoken language simply by using the Action Button.

Safeguarding your digital life with a reliable physical backup isn't just a precaution, it's a necessity. Kurt “CyberGuy" Knutsson provides the essential backup checklist.

Kurt “CyberGuy" Knutsson reveals how a Redditor exposed false recycling claims at their apartment, highlighting a report that only 21% of U.S. recyclables are processed.

Kurt "CyberGuy" Knutsson offers a travel toolkit featuring five technology tools to help you with booking flights and hotels for your summer vacation.

The bubble behind the clock on your iPhone can appear in different colors. Kurt "CyberGuy" Knutsson explains what each of those colors mean.

Scammers are using the power of artificial intelligence to mimic voices of people and are using the fake voices to commit crimes, like kidnappings.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

Tech guru Kurt "CyberGuy" Knutsson explains the science behind the Invisibility Shield, a 6-foot shield that makes people become invisible.

The International Olympic Committee on Friday announced plans to use AI in various Olympic aspects, including athlete identification, training and judging.

Tech guru Kurt "CyberGuy" Knutsson explains an easy trick to avoid squinting while working or surfing the web by zooming in on your personal computer.

Streaming giant Roku has recently been targeted by a pair of cyberattacks, and the company confirmed over a half million Roku accounts were compromised.

The Land Aircraft Carrier combines an all-terrain, six-wheeled vehicle with a two-seat aircraft, which features electric vertical takeoff and landing.

The European Union has sent TikTok a "request for information" on the video sharing platform's newest app, TikTok Lite, under the Digital Services Act, with the aim to clean up social media.

Trade Policy; Hurting Industry and Small Business

Political