A world made of metal


Steel Industry Import Taxes

When we raised the steel import tax a fewclosed to sell their energy contracts to
years ago it hurt many manufacturing sectorsother companies and stay closed, thus who are
who used steel in their production. It alsowe helping? Certainly not my team; we will
hurt smaller companies, which use steel innow see jobs for cars and etc move to Mexico
their products. US Steel prices have cost ourand China this would also be for tractors and
team thousands of extra dollars due to theheavy industry trucks and trailer
import taxes that were imposed. We toldmanufacturers.If we help one industry
everyone if they raise the cost of steel eventemporarily and then give away jobs and
one hundred dollars per ton we will seek tofactory capacity to other countries for no
build the truck beds out of other materials,reason. We are tilting more than one field by
and once we do we will never go back todoing this. As a matter of fact we are not
steel. It is heavy, costs gas mileage, rusts,going to stand for these increases at all.
leaving iron oxide streaks on the exteriorScrew that, it affects our team at a time
paint. It is by the cost we even still usewhen we are creating jobs and all of us
steel.If the steel companies in this countryentrepreneurs are trying to dig ourselves out
cannot run more efficient and get their laborof the recession. It is good to see that
unions to perform efficiently then one shouldadministration was able to re-look at this
not expect the public to support thatissue as early as July to lower the import
industry or buy their products. We can buildtax and eventually get rid of it soon after
the truck beds out of fiberglass, plastic orin that first year of increased tariff taxes.
composite. We will be able to build uni-bodyThen we can get the entire South American
shells and make them more asceticallycountries on our team as trade partners, we
pleasing. So the administration and the steelmay need them.As far as orange juice, we can
industry better get their act together. Thejustify restrictions for reasons of fruit
auto industry also took a hit and many of theflies, but for steel, I am not sure we can
cars are moving to lighter materials and theyjustify this now because we did not sign the
will not go back once they do because theKyoto Treaty and now we are stating we cannot
mileage savings in efficiency is importantbuy Brazilian steel due to the methods of
also.We need Brazil as a trading partner; wemanufacturing hurting the environment,
need Japan's economy to return to growth. Wehypocritical tactic, we should not go there.
should not give a crutch to an industry thatBesides we have technology, cheap technology
is not innovative and lets their workers kickto prevent these pollutants anyway, all we
back and do little if any work. The steelneed to do is see they are in place and let
union is strong and they do not believe inthem into the market to keep our steel
hard work ethic like the competition in theirindustry on their feet and from getting lazy,
industry. We should not support laziness andcosting our manufacturing of truck beds too
give a company an edge. Giving away free fishmuch, thus hurting our ability to create jobs
makes even the best of us lazy. This problemby giving our team the incentive to realize a
is affecting our team and costing ourfair profit in a time when many small
franchisees money and ROI time, due tocompanies are going out of business and large
increased costs in new equipment. That hurtsones skipping the nuisance of paying bills in
their families and their ability to growtheir accounts payable departments by filing
their businesses. The import tax of 50% onbankruptcy, Kmart, PG&E, Enron, Global
steel, hurts the rest of the economy, itCrossing and others in the news lately. We
hurts my team at a time when we need bettercannot dig out America if we are continually
prices. This creates a monopoly on steel forforcing more costs on other industries that
a couple of steel companies who are planningneed help too. Such as the truck building
a merger. I am upset that we are attackingindustry, rail car industry, even garbage
American companies who have won the market bytruck construction is down 30%, school buses,
serving customers and giving them what theybridges and infrastructure. Steel is used for
want as we all vote with our dollar and thenlots of things and there is significant
the government creates monopolies at the samevolumes; what was the problem with the
time. So of course monopolies are Good asindustry that they could not make a profit if
long as the government creates them. We arethey had a little competition? Strong survive
glad to see that these steel companies areand that is a fundamental basic of free
now able to produce steel now that the pricesmarkets. Think about it.Lance Winslow -
are up, yet some of these steel mills areOnline Think Tank forum board.



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