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<blockquote data-quote="Ditchplains1" data-source="post: 1249245" data-attributes="member: 12347"><p>Nick,</p><p> Yes it would benefit Alcoa and the American aluminum producers. However it would allow them to charge higher prices as the competition would need to charge more because of the tariff. As all business in China is heavily government subsidized, some of the increased costs/tariffs would be eaten by the Chinese government..but not all of it....</p><p> Ultimately it will lead to higher costs to the US consumer; but also increased jobs to Americans, which will increase the US economy....</p><p></p><p>Eddie</p></blockquote><p></p>
[QUOTE="Ditchplains1, post: 1249245, member: 12347"] Nick, Yes it would benefit Alcoa and the American aluminum producers. However it would allow them to charge higher prices as the competition would need to charge more because of the tariff. As all business in China is heavily government subsidized, some of the increased costs/tariffs would be eaten by the Chinese government..but not all of it.... Ultimately it will lead to higher costs to the US consumer; but also increased jobs to Americans, which will increase the US economy.... Eddie [/QUOTE]
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