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Canada, Mexico steelmakers refuse new U.S. orders
(financialpost.com)
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this post was submitted on 26 Jan 2025
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Nooooooooo. You got it all wrong! (seriously)
The ruling class wants the tariffs because tariffs artificially increase the price of their competitors' products! The entire point is to literally block people from getting a better deal outside of the US, so those same people can get screwed over domestically.
Tariffs are not good for the working class.
They only exist to protect the profits of the rulers.
I don't doubt what you're saying.
This all assumes that businesses and consumers can absorb the bump in prices due to the lack of a better deal. There are going to be plenty of construction contracts that Just Won't Happen because they won't be able to get the building materials they need to actually build something for a price that someone is willing to pay. That's the kind of thing that can wreck a bottom line.