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So trump will hit copper and pharma imports with big tariffs....

Does he not realise that to make ev's and iphones in the USA requires vast amounts of copper - many orders of magnitude more than the USA domestically mines. So trump's dream of making modern tech in the USA to 'compete' with Chinese manufacturing cheapness and scale is now a joke
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Khenpal1 · M
US consumption 1.8 million metric tons of copper annually. US production 1.1 million metric tons. 45% imported. Good luck with that.Taco man still thinks you can get by without importing copper. Like rare earths, it'll be a reverse course at last moment after being schooled you can't mine schitt as you don't have mining equipment, logistics/roads and decades of experienced miners to do it. In short 10+ years of accumulation, epa applications and preparation to start mining. Art of a deal maker / crooked businessman is to raise a sky high figure tariff and negotiate/low ball.What happened to the reduction of pharmaceutical costs that he said he was putting in place?As if American medication costs are not already the highest in the world. Truly hilarious! Brilliant. A 200% would triple the cost.
whowasthatmaskedman · 70-79, M
So many things Trump doesnt realise......But lets not tell him yet.. Its so funny to watch his little tanties and the toadies telling him how great he is..😷
zonavar68 · 56-60, M
@whowasthatmaskedman Wait till trump discovers he's getting bbl smell in the ovaltine orifice. 8-)
72andy · 51-55, M
@zonavar68 he sees it as a lever to get people to invest in domestic copper production.
But that is expensive. So will just leave the USA out of the world market.
tenente · 36-40, M
More market manipulation for his hedge-fund friends

 
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