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A comment on US Administration announces 34% tariffs on China – 20% on EU. Parent comment

Re:US Administration announces 34% tariffs on China – 20% on EU by vmilner on Thursday April 03, 2025 @11:51AM (#43571469)
It’s hard to see tariffs on steel (say) not raising wider domestic prices. Any domestic industry using steel (car making, house building etc) presumably now has to pay more for its steel which feeds through to consumer prices. You might increase the number of steel worker jobs but at a hidden wider cost to the wider US economy.
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Re:US Administration announces 34% tariffs on China – 20% on EU by SpaceNoodled on Thursday April 03, 2025 @12:04PM (#43571710)
US homes tend to be built with lumber, not steel.
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Re:US Administration announces 34% tariffs on China – 20% on EU by skyyler on Thursday April 03, 2025 @12:18PM (#43571925)
What do you think holds the lumber together?

US homes tend not to be built with Japanese techniques.

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Re:US Administration announces 34% tariffs on China – 20% on EU by Domenic_S on Thursday April 03, 2025 @12:39PM (#43572236)
We already have Section 232 tariffs on steel and aluminum imports, and have since March 2018. These new tariffs exclude steel (since we tariff it already).
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Re:US Administration announces 34% tariffs on China – 20% on EU by vmilner on Thursday April 03, 2025 @01:25PM (#43572834)
However, the widely used tariff exemptions available to US steel consumers who could claim difficulties sourcing cheap steel are now being closed.
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