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#2462081 - 03/06/18 02:24 PM Anyone else worried about Tariffs?
dogdays Offline
I Live Here

Registered: 01/20/03
Posts: 16088
10% on steel, 25% on aluminum. I voted for the guy, now he's got me worried. All those cheap(er) Chinese parts, are they going to be affected? Add 25% to the 440Source and Sidewinder and ProComp heads, 10% to almost every stroker crank and set of aftermarket rods that average guys put in their hot rods. I'm hoping it's only raw material but who knows?

Does anyone have a line on the fine print or hasn't it been finalized?

Don't do us dirty, Donald!

R.

I'm waiting for the firestorm.......


Edited by dogdays (03/06/18 02:25 PM)

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#2462089 - 03/06/18 02:50 PM Re: Anyone else worried about Tariffs? [Re: dogdays]
krautrock Online   content
top fuel

Registered: 01/27/03
Posts: 1697
Loc: central texas
i thought the rates were 25% steel and 10% aluminum.
so add 25% to cranks and rods and 10% to the heads...if that's how it works.

i heard this morning, that 75% of the steel used in the US is actually US made steel. so these tariffs. seem strange.

I'm more worried about other countries imposing tariffs in return and then bam...a trade war.

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#2462092 - 03/06/18 02:53 PM Re: Anyone else worried about Tariffs? [Re: dogdays]
krautrock Online   content
top fuel

Registered: 01/27/03
Posts: 1697
Loc: central texas
^ oh i think you're thinking is right dogdays...because i was reading about the price of beer cans going up and therefore the price of beer (slightly).

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#2462098 - 03/06/18 03:04 PM Re: Anyone else worried about Tariffs? [Re: dogdays]
basketcase Offline
master

Registered: 09/03/03
Posts: 6886
Loc: east side of Ohio
we shear coils where I work. Used to be mostly Weirton Steel since they are in town. We never ran Wheel Pitt, and no one seems to know why. Then Arclor Mittial took over Weirton Steel. Quality went down. Same with USS coils. We get a lot of Korean and German coils, and a bit of Tata (Holland). All the foreign steels had very good quality. So the Tarriff may hurt.
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#2462100 - 03/06/18 03:05 PM Re: Anyone else worried about Tariffs? [Re: dogdays]
jcc Offline
No politics

Registered: 12/21/03
Posts: 16972
Loc: Trumussia
This topic is off limits if both sides are heard, and according to Moparts past policy, you'll have to wait 2+ more years before this can be addressed, if we make it. laugh2
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#2462105 - 03/06/18 03:11 PM Re: Anyone else worried about Tariffs? [Re: dogdays]
BigMoneyLewis Offline
master

Registered: 08/17/04
Posts: 4051
Loc: Alabama
We will just have to wait and see how it all plays out, but of course the plan is to have U.S. companies buy all their steel and aluminum from other U.S companies , therefore create more U.S jobs and pump more cash in to the U.S.A. and stop pumping up the economies of foreign countries with U.S dollars , when we need to keep that money right here to help OUR economy.

Greg
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#2462110 - 03/06/18 03:17 PM Re: Anyone else worried about Tariffs? [Re: dogdays]
Orange_Crush Offline
Belieber!

Registered: 02/03/03
Posts: 17934
Loc: Charlotte, NC
Five of the top 11 exporters of steel to the US are my five biggest customers. Brazil (number 2), Mexico (Number 4), Turkey (number 6), China (Number 10), and India (Number 11).

Together, they account for approximately 85% of my annual revenue.

You're GD right I'm worried.

And in case you weren't aware, the top exporter of steel to the USA is Canada. About 17% of the steel that we import comes from Canada. We import more of our steel from Canada than we do from China, India, Taiwan, and Turkey COMBINED.
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#2462161 - 03/06/18 04:53 PM Re: Anyone else worried about Tariffs? [Re: dogdays]
gdonovan Offline
master

Registered: 06/13/08
Posts: 7076
Loc: Oakdale CT
Not worried at all.
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#2462171 - 03/06/18 05:08 PM Re: Anyone else worried about Tariffs? [Re: dogdays]
Pacnorthcuda Offline
I Live Here

Registered: 11/19/07
Posts: 18990
Loc: Kirkland, Washington
In terms of the consumer level, and ignoring the possible LARGE effects (good and bad) of tariffs, it's important to realize we're talking about 10%/25% on the cost of Material!

So what's the aluminum cost in a set of Aluminum heads? Maybe $50??? Just guessing. So the tariff would be $5.

Steel cost in a crank? $30. So the tariff would be $7.50

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#2462197 - 03/06/18 05:47 PM Re: Anyone else worried about Tariffs? [Re: dogdays]
Iowan Offline
super stock

Registered: 05/23/15
Posts: 775
Loc: Lost in Time
And the cost of a new car or truck?
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#2462211 - 03/06/18 06:02 PM Re: Anyone else worried about Tariffs? [Re: Iowan]
Pacnorthcuda Offline
I Live Here

Registered: 11/19/07
Posts: 18990
Loc: Kirkland, Washington
Originally Posted By Iowan
And the cost of a new car or truck?


Don't know, haven't heard yet. Kinda surprised that hasn't been stated. I would guess a couple hundred bucks on a foreign rig.

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#2462212 - 03/06/18 06:03 PM Re: Anyone else worried about Tariffs? [Re: Iowan]
dart4forte Offline
I Live Here

Registered: 01/31/03
Posts: 14235
Loc: Mesa, Arizona
No politics so with that said that given the presidents negotiating style I think he put the tariff issue out to jerk people’s chain

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#2462213 - 03/06/18 06:03 PM Re: Anyone else worried about Tariffs? [Re: krautrock]
Sunroofcuda Offline
master

Registered: 01/20/03
Posts: 6353
Loc: Highland, MI.
Originally Posted By krautrock
i thought the rates were 25% steel and 10% aluminum.
so add 25% to cranks and rods and 10% to the heads...if that's how it works.

i heard this morning, that 75% of the steel used in the US is actually US made steel. so these tariffs. seem strange.

I'm more worried about other countries imposing tariffs in return and then bam...a trade war.


Other countries have been imposing tariffs on US-made goods all along - we are starting to level the playing field with this latest move. I believe this will force more competition among players in the US & I think Trump is anticipating this. I'm for it.
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#2462217 - 03/06/18 06:08 PM Re: Anyone else worried about Tariffs? [Re: Orange_Crush]
DAYCLONA Offline
I Live Here

Registered: 12/10/07
Posts: 15637
Loc: Mass
Originally Posted By Orange_Crush
Five of the top 11 exporters of steel to the US are my five biggest customers. Brazil (number 2), Mexico (Number 4), Turkey (number 6), China (Number 10), and India (Number 11).

Together, they account for approximately 85% of my annual revenue.

You're GD right I'm worried.

And in case you weren't aware, the top exporter of steel to the USA is Canada. About 17% of the steel that we import comes from Canada. We import more of our steel from Canada than we do from China, India, Taiwan, and Turkey COMBINED.





I'm all for the tariffs, hopefully this is just round #1 on imports, ...as far as steel/stainless and other alloys, I only have a limited number of vendors that I like to deal with for my employer that only stock/supply steel from US sources or Canadian as an alternative, the steel from the likes of Turkey, SA, India and Mexico is pure crap that I refuse to use, China is hit or miss for structural/machining alloys....unfortunately Japan is about the only source for quality Surgical grade 440 stainless

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