Simply speaking it won't cut down aluminum export from Canada Its a new way to collect more tax from American consumers.
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Tastyfrzz · 61-69, M
Ot will force the reopening of coal fired power plants and coal mines.
Khenpal1 · M
@Tastyfrzz I don't believe the tariffs will last for very long. US automakers are dead meat within 1 year. Even Ford are dependent on parts from Europe for car production. Domestically, the US has not built a new coal plant in over a decade, and is on track to close more than half of its peak unabated capacity in the next several years. Although the United States produces most of the coal that it consumes, it imports coal to meet some domestic demand. For example, coal-burning power plants along the Gulf Coast and the Atlantic Ocean sometimes find it cheaper to import coal from other countries than to obtain coal from U.S. coal-producing regions.Fifty coal-fired power plants have shut in the United States since President Donald Trump came to office two years ago, an environmental organization said Thursday.
The Sierra Club counted 50 closures, along with 51 announcements of closure, since Trump was sworn into office in January 2017.
The numbers are distinct because it sometimes takes years between an announcement and the actual shuttering."We're seeing a rush to the exit door from the coal industry and utilities, because the economics don't work out," the Sierra Club's Jonathan Levenshus told AFP.
Despite the president's pro-coal rhetoric, "what the Trump administration is offering is false promises," he added.
Since the fracking boom began around a decade ago, coal has become more expensive to exploit than natural gas, which is experiencing strong growth in the United States and increasingly replacing coal.
The Sierra Club counted 50 closures, along with 51 announcements of closure, since Trump was sworn into office in January 2017.
The numbers are distinct because it sometimes takes years between an announcement and the actual shuttering."We're seeing a rush to the exit door from the coal industry and utilities, because the economics don't work out," the Sierra Club's Jonathan Levenshus told AFP.
Despite the president's pro-coal rhetoric, "what the Trump administration is offering is false promises," he added.
Since the fracking boom began around a decade ago, coal has become more expensive to exploit than natural gas, which is experiencing strong growth in the United States and increasingly replacing coal.