Steel and aluminum prices have been rising since people started keeping track of the prices of steel and aluminum. Will the price go up higher if the tariff goes into place? Of course it will. But right now the prices of these commodities are going up because the sellers have an excuse to raise the prices, just like the price of crude oil jumps up if some little podunk little oil refinery on the other side of the world has a fire. I don't have a dog in this fight, but a local manufacturer makes forklifts, a lot of them for export. When asked about how the proposed tariffs on steel would affect his company, the owner of this company stated that a lot of other countries have tariffs on the finished forklifts that go INTO their country. One example is a supposedly good friend of our country, Great Britain, who puts a 15% tariff on every forklift that they purchase. Will a tariff make our prices go up? Probably. But we have to have a two-way street on the products that we purchase and manufacture. In other words, I think everybody on this site will agree that everything should be equal when buying and selling products from other countries.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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