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A comment on YC: Requests for Startups. Parent comment

Re:YC: Requests for Startups by reaperman on Wednesday February 14, 2024 @05:45PM (#39376633)
It takes (up to) 456.23% import tariffs[0] to achieve that 17%.

So you pay china $1 million for some amount of steel (via vietnam) and then pay the us gov $4.56 million for a total cost of $5.56 million.

It’s amazing that so many steel companies are still underperforming in the USA seemingly in spite the intense protectionism.

0: https://www.latimes.com/business/la-fi-us-vietnam-steel-trad....

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Re:YC: Requests for Startups by whatshisface on Wednesday February 14, 2024 @07:34PM (#39377600)
So, essentially, we can all become factory workers if we're willing to accept a drastic decrease in our standard of living.
[ Parent | on HN ]