US Steel Tariffs Against China Are Working: Americans Losing Jobs, Becoming Poorer As A Result
Some manufacturers are pushing back. In a letter to the Department of Commercerequesting an exemption, Steelcase Inc. Chief Executive James Keane said a tariff on a special kind of Japanese steel could cost one of his subsidiaries $4 million to $5 million a year.
The subsidiary, Polyvision, makes whiteboards for schools at a plant in Oklahoma, where it employs about 50 people. “If nothing changes, we would have to close our Oklahoma plant,” he wrote. “Schools can’t afford to pay more for these whiteboards, so if we raise prices to our customers they will use lower quality substitutes that are likely not made in the U.S.”
Not if those "not made in the US" lower quality substitutes had a nice stiff tariff on them.