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  • bee March 2018
Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

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Top 15 Tariff Impacts On US States

FYI: Torsten Sløk of Deutsche Bank shares the chart of how Trump’s steel and aluminum tariffs, and notes that “when prices of imported steel and aluminum increase it will hurt states that are big importers of steel and aluminum” (For more discussion see here and here).

I wonder how the folks in Ohio, Pennsylvania, and Iowa must feel — three swing states that all voted for Trump.
Regards,
Ted
http://ritholtz.com/2018/03/top-tariff-impacts-us-states/

Comments

  • In other news:
    United States hits Canadian forestry industry with more duties
    The United States Department of Commerce said in a statement that a preliminary investigation found Canadian exporters underpriced uncoated groundwood paper by between 0 and 22.16 per cent.

    Uncoated groundwood paper includes newsprint, as well as book publishing, printing and writing papers.

    “President Trump made it clear from the beginning that we will vigorously administer our trade laws to provide U.S. industry with relief from unfair trade practices,” Commerce Secretary Wilbur Ross said in a statement.

    The department said it determined Canadian exporters have sold newsprint in the U.S. at as much as 22.16 per cent less than fair value and it will collect cash corresponding to those rates.
    Source:
    570news.com/2018/03/13/united-states-imposes-more-anti-dumping-duties-on-canadian-newsprint/
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