We're back to the tariffs.
Trump levied a new 25% tariff on all steel and aluminum imports (once again, PAID FOR BY US IMPORTERS). This seems like another direct attack on Canada, which happens to be the largest exporter of aluminum and steel to the US.
The argument the MAGA right wants to make is that this will encourage US steel and aluminum production. Where there are indeed some US producers of steel and aluminum, the US no longer has the infrastructure in place to become a mass producer of steel and aluminum quickly. We would need a major investment into at least 6 brand new US foundries. All we currently have is insufficient for our needs, and although there are some old mothballed foundries, the cost to get them up to speed would be more than tearing them down and starting over (according to experts from when we had this discussion back in that dipsh!ts first term).
AND you are going to have to pay US wages, which will also make a domestic product more expensive.
There's no way this decision doesn't skyrocket construction costs for the next few years. Current projects will be put on hold or stopped entirely, and projects that need to be done will cost an astronomical amount more.
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