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  1. #1

    Join Date
    Mar 2002
    Posts
    91
    Location
    KCMO
    Tractor
    4310 4wd ehydro 420 loader asof 4/2/02

    Default Steel Tarrifs

    Everyone better get settled and buy attachments and tractors now. These tarrifs (although needed for the US steel industry) is going to bump prices up.

  2. #2
    Super Star Member RoyJackson's Avatar
    Join Date
    Nov 2001
    Posts
    18,529
    Location
    Bethel, Vermont
    Tractor
    John Deere 4400 MFWD, Deere 855D UTV, Z920A Zero Turn Mower and assorted implements

    Default Re: Steel Tarrifs

    I doubt it.

    Productivity in the U.S. steel industry is quite good, compared to 10-15 years ago.
    But the steel industries are heavily subsidized in other countries. The private sector cannot compete with that, unfortunately.
    So...I don't think there's much choice about the tariffs.

    BTW, did you know the federal government is supposed to be paid for by tariffs, not taxes?

  3. #3

    Join Date
    Mar 2002
    Posts
    91
    Location
    KCMO
    Tractor
    4310 4wd ehydro 420 loader asof 4/2/02

    Default Re: Steel Tarrifs

    Production is high because we've lost many factories. (I am in the mfg rep business of temp control) We have seen factories going to Mexico and just shutting their doors. This is not just for our territory, but nationally (all reps in my business have seen this trait). I talked to Jiffy Hitch today about some quick hitch systems $. They said they are already seeing higher prices in raw materials.

  4. #4
    Member
    Join Date
    Apr 2002
    Posts
    27
    Location
    Rochester, NY
    Tractor
    New Holland TC18

    Default Re: Steel Tarrifs

    I work in a steel using factory (stamping). These tariffs are going to hurt much more than help! Studies show that for every steel job saved 8 will be lost in steel using industries. Imposing tariffs to raise prices will hurt us all in the long run. I don't have a good solution for the hurting US steel industry but I do know the tariffs were not the answer.

    I know this is probably not the right forum for these types of discussion but the more people that are informed of the consequences the better.

  5. #5

    Join Date
    Mar 2002
    Posts
    21
    Location
    Memphis, TN
    Tractor
    JM204, TY254, SH504, FS254, SN25, Int'l TD9

    Default Re: Steel Tarrifs

    Every year that I can remember, my suppliers' prices go up because the price of steel went up. If steel actually went up and stayed up the way they describe, then I'd have to lock my truck in a vault because someone would be trying to steal it for the steel.

  6. #6

    Default Re: Steel Tarrifs

    I currently work at a steelmill - we are going to raise our prices in the VERY near future, but at least our business is starting to pick up.

  7. #7

    Default Re: Steel Tarrifs

    yup this is true we just got notice from one of our suppliers today that effective june first the price of equipment would be 10% higher because of steel prices and there would also be a 5% surcharge on each invoice until further notice because of the tariffs. I guess everyone should be prepared to pay a little more. [img]/w3tcompact/icons/sad.gif[/img]

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