ctilsie242 wrote:
It always hurts short term to break an addiction, be it meth, heroin, or cheap, Chinese goods and steel. However, the long term outlook is a lot more healthy. Yes, prices are going up, but it means more jobs in the US making steel. Time will tell.
That's what they said about coal that even insiders in the industry is now saying it's dying and quickly.
If you are in an industry that needs tariff protection or price increase to be competitive, maybe they deserve to die or be replaced by competition.
As it was said here before, global supply chain is already inter-connected.