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Forum - Wall Street Pit    Stock Due Diligence for All

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From: alectric (Rep: 174) reply to apmooreDate: 07/11/2018 22:12
Forum: Wall Street Pit - Msg #2742389Thread #674020699 (Rec: 0)
Re: Do you think the tradeoff of gaining more jobs for Americans in the steel...businesses in that sector will be hesitant to hire because they need long term certainty. They may lease robots if those jobs can be performed by them as a short term stop-gap measure. The problem with the tariffs across the board is that there is no product totally made in America. The parts come from China and other places. There is just too much interdependency in the supply chain. Trump is using the tariff threat as a negotiating tactic. If it fails and he has to follow through on the tariff on $200B of Chinese goods, it will be so disruptive to American jobs that, as you say, it will spell the end of his Presidency. People vote their pocketbooks.



Reply to apmoore - Msg #2742384 - 07/11/2018 21:41

Re: Do you think the tradeoff of gaining more jobs for Americans in the steel/aluminum industry will be somewhat hindered by automation??
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