{"id":352786,"date":"2018-03-18T19:29:02","date_gmt":"2018-03-18T18:29:02","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/newswire\/trump-and-his-tariffs\/"},"modified":"2018-03-18T19:29:02","modified_gmt":"2018-03-18T18:29:02","slug":"trump-and-his-tariffs","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/newswire\/trump-and-his-tariffs\/","title":{"rendered":"Trump and His Tariffs"},"content":{"rendered":"<div itemprop=\"articleBody\">\n<div id=\"attachment_99991\" style=\"max-width: 520px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-99991\" src=\"https:\/\/uziiw38pmyg1ai60732c4011-wpengine.netdna-ssl.com\/wp-content\/dropzone\/2018\/02\/Screen-Shot-2018-02-22-at-2.15.24-PM.png\" alt=\"\" width=\"510\" height=\"370\"  \/><\/p>\n<p class=\"wp-caption-text\">Photo by Backbone Campaign | <a href=\"https:\/\/creativecommons.org\/licenses\/by\/2.0\/\">CC BY 2.0<\/a><\/p>\n<\/div>\n<p>If one looks for commentary regarding Donald Trump\u2019s recently imposed tariffs on steel and aluminum imports, they will find that most of those comments come from a Wall Street point of view.\u00a0 In other words, the remarks are concerned with how the tariffs will affect profits.\u00a0 A couple union executives have stated that the tariffs will be good for US jobs in the affected industries.\u00a0 In other words, steel and aluminum workers should have more work in the short term.\u00a0 However, other industries, like the automobile and canned goods industries, may suffer job loss because the costs of their materials will rise.\u00a0 This rise will mean the owners of said businesses will increase the cost to consumers.\u00a0 Since wages are pretty much stagnant across the United States, this will probably mean that fewer finished products made from steel and aluminum will be sold, which could very well cause layoffs in those industries, their suppliers and their sellers. This could in turn eventually result in layoffs in the steel and aluminum industries as well.\u00a0\u00a0 In other words, the only sectors of the economy that can be certain to make money on this deal\u2014at least in the short term\u2014are a limited number of corporations and financiers.\u00a0 Even they cannot be certain.<\/p>\n<p>Of course, some financial speculators have already started betting on the tariffs.\u00a0 In the days immediately following the tariff announcement, numerous news agencies reported that Carl&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/www.counterpunch.org\/2018\/03\/16\/trump-and-his-tariffs\/\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Photo by Backbone Campaign | CC BY 2.0 If one looks for commentary regarding Donald Trump\u2019s recently imposed tariffs on steel and aluminum imports, they will find that most of those comments come from a Wall Street point of view.\u00a0 In other words, the remarks are concerned with how the tariffs will affect profits.\u00a0 A [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[519],"tags":[],"class_list":{"0":"post-352786","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-newswire"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/352786","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=352786"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/352786\/revisions"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=352786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=352786"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=352786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}