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Thu Mar 8, 2018, 10:37 AM

This report about stainless steel beer kegs will help you understand the problem with tariffs.

https://www.pbs.org/newshour/show/why-this-u-s-beer-keg-company-is-worried-about-trumps-tariffs

Very simple. When US businesses have to pay inflated prices for steel as the tariffs are applied and China (etc.) companies still buy steel at untaxed prices, the US companies will simply close up. It will simply expand the sucking noise you hear from every other country.

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