Make money doing the work you believe in
The stupidity continues:
The World’s Dumbest Tariff Has Been Revealed
>…According to the pubs.usgs.gov/periodica…, imports constituted approximately 60% of domestic consumption last year, even with high tariffs. This dependence does not reflect “unfair trade” but deep structural realities. Aluminum production is extremely electricity-intensive, and US power prices – along with fierce competition for electricity from AI and other high-value industries – have x.com/twitter/status/20… relative to regions with abundant power and access to the core inputs bauxite and alumina.
In just the last few years, primary aluminum smelters in king5.com/article/news/…, cato.org/commentary/alu…, and reuters.com/markets/com… have each shut down, and pubs.usgs.gov/periodica…. Now, only four smelters are in operation, just two at full capacity. And this contraction occurred despite tariff protection expressly intended to boost output….