Quote:
Originally posted by Rudey
That was an awful threat which I brought up before but at the end of the day if any and every country would like to go punch for punch with America, their economy will be completely destroyed much quicker than America's will. The threats China made were hilarious considering the fact that we import more than they do by far and if boths sides put tariffs on everything, America would still be far ahead.
U.S. manufacturing units simply have much larger lobbies than U.S. steel does. Minimills do not collaborate with big steel since they're competing with them actually and much of the steel production in the country is done through minis thus big steel is.
-Rudey
--The U.S. should have destroyed Schroeder during his election via a recession since Europe seems so bent on pursuing such threats.
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Tariff has more to do with strategic economic punch then overall. I mean, if you look at past retaliatory (sp?) tariff in accordance to the WTO, they never put tariff on items that will harm the overall economy to the country. The citrus tariff will have little effect on European or the Japanese economy, however, it will do harm to a politician.
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