Sunday, July 22, 2018

Walmart Decision

One can see -  from the below New Yorker article - how steel tariffs are having
an impact on the American industries that use steel. In effect, it permits steel prices
to remain high, if not move even higher. So a lot of jobs downstream might eventually be
afected.

Walmart makes deals prices well in advance, and won't accept increases out of a hat. So the
people who supply them may look to Asian suppliers. In effect, not really to preferred
resolution for the initial decision...

I am not second guessing the Trump administration. They are making decisions for the 
long term about the industries they want to foster. but all this seems a bit unreal from 
(cold-weather) Canada, where jobs are jobs for all major parties, and displaced workers 
are worried about!







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