Viewing a single comment thread. View all comments

Soytaco t1_j19fzyf wrote

Reply to comment by recockulous-too in WTO on ‘Thin Ice’ With Metals-Tariff Ruling, US Trade Chief Says by defenestrate_urself

Well they could subsidize the industry directly instead of using tariffs.

Another reason it's worth having the production here is environmental. Less shipping, probably less pollution from our production then in cheaper countries, and hopefully we'll also end up toward the front of the pack in moving to green steel.

2

recockulous-too t1_j1a28iz wrote

Yes I agree with your other reason but it wouldn’t be a National security reason.

Subsidizing the steel industry is the same as tariffs as far as the WTO is concerned. But instead of the tax payers paying for it, it would be by companies and end users of the steel and aluminum. You can say that the consumer ultimately pays the same but the main difference is that the consumer has a choice whether or not to use it without increasing national debt.

9