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FNWGMOBDVZXDNW
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2017 Apr 25, 6:13am
Yeah. It should be a boost for anyone long in property. Know anyone like that?
Who do you think a tariff on steel would help? Anyone long on high rises, maybe?
It should also transfer some wealth to forest owners in the US.
Tenpoundbass
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2017 Apr 25, 8:09am
Good the more building costs and interest cost the less those shit shacks will be worth when people stop buying them or renting them because the rent's too damned high!
Good the more building costs and interest cost the less those shit shacks will be worth when people stop buying them or renting them because the rent's too damned high!
What is the alternative?
Is the Trumpcuck wet dream that everyone be homeless?
Shaman
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2017 Apr 25, 9:11am
American logging has regulations to make it sustainable. Complying with those regulations costs timber companies money which makes them less competitive with foreign companies. Trump is just protecting local businesses, local jobs, and (perhaps inadvertently) the environment with this tariff. Any taxes collected will also go to reducing the deficit.
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Canada is unfairly using their abundant tree supply to keep land lease prices down in CA. The American NW cannot match those low prices, so Trump will smack a tariff down to keep things 'fair'. I wonder if he will also smack a tariff on their oil. After all, their natural abundance of oil is unfairly keeping US wild cats down.
US home buyers will pay the price, but they will have the satisfaction of knowing that more of their home was grown in America.
http://www.cnbc.com/2017/04/24/trumps-timber-tariff-will-have-a-big-impact-on-lumber-futures-market-housing-stocks.html
#housing #politics #trade