Kees van Eeten wrote to Ward Dossche on Wednesday June 27 2018 at 11:47:
WD>> Importtaxes on steel and aluminium? In the end the American consumer
WD>> is the one footing the bill because the cost is always passed down
WD>> the line.
KE> Why, isn't the US steel and aluminum industry going to jump in and
KE> supply equal quality goods within a fortnight for the same price?
It's neither quick nor cheap to upscale production of such materials,
particularly if you require special formats (rods, sheets) - and then risk a
price fall when and if the extra tariffs are repealed and a market glut occurs.
I doubt that US producers would jump in to fill the gap anytime soon.
Cheers, Bob
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