US politics general thread

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Xarog said:
So wikipedia is now a fringe blog, huh? :crylaugh: You're absolutely feckless.
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C4Cat quoted Wikipedia. You apparently, couldn’t read... Swing and a miss, son. Swing and a miss.
 
Xarog said:
Says the guy who can't provide a direct link to the info he's talking about.


Oh, ok, so Canada makes less than 1% of the world's steel, like Wikipedia said. It's a pitifully small amount, globally speaking. So if Canada is not in fact importing most of its raw steel from China as per the article's original claims, then this American steel tariff thing is a storm in a teacup that has no major international economic implications.
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It has economic implications for Canada and Canadian workers. Isn't that what Canada should be concerned about?

Is Luxemburg the world's largest producer of raw steel?
 
greg0205 said:
C4Cat quoted Wikipedia. You apparently, couldn’t read... Swing and a miss, son. Swing and a miss.
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No, actually, everyone including the website that published the story quoted Wikipedia. The "mistake" that is being bandied about doesn't actually have a material impact on what the article itself claims, and it exposes quite nicely how the American trade with Canada relies upon cheap Chinese steel. If you want me to believe that the story is somehow misguided, you have to show me how it is that Canada's steel output is not a measly 1% of global production.
 
Hamish McPanji said:
It has economic implications for Canada and Canadian workers. Isn't that what Canada should be concerned about?
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No, if Canada's steel industry accounts for less than 1% of global steel production, then this should have very little economic implications for Canada.
 
Xarog said:
No, if Canada's steel industry accounts for less than 1% of global steel production, then this should have very little economic implications for Canada.
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You are thick. Thanks for the confirmation
 
Hamish McPanji said:
You are thick. Thanks for the confirmation
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The fact that you think I'm thick actually proves that you are thick. You see, it's blatantly obvious that Canada gets their steel from China. All sources of information point to this fact. Your whining about the article does nothing to detract from the point that it makes, which is that Trump's bellicose rants about Chinese steel is actually on point, regardless of whether or not you agree with his sentiments.
 
Xarog said:
The fact that you think I'm thick actually proves that you are thick. You see, it's blatantly obvious that Canada gets their steel from China. All sources of information point to this fact. Your whining about the article does nothing to detract from the point that it makes, which is that Trump's bellicose rants about Chinese steel is actually on point, regardless of whether or not you agree with his sentiments.
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RussoXarogism:
Angola produces less than 2% of the world's oil. Therefore it's not a big deal to the Angolan Economy
 
Xarog said:
The amount of steel that Canada produces directly is trivially small, as the article states. The amount of steel that is imported into Canada from China appears to be far for significant. I'm guessing you didn't actually click the link and read the contents for yourself, amirite?
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How much raw steel does Canada produce compared to how much it exports to the US? Its world ranking is irrelevant.
Xarog said:
No, if Canada's steel industry accounts for less than 1% of global steel production, then this should have very little economic implications for Canada.
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Does the tariff only apply to raw steel produced in a country? Or to processed steel products as well?
 
Hamish McPanji said:
RussoXarogism:
Angola produces less than 2% of the world's oil. Therefore it's not a big deal to the Angolan Economy
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:rolleyes:

To make this situation analogous, Angola would have to import 10% of the world's oil from Nigeria and then refine it and sell the refined oil while you whine and moan about Angola's domestic production as if it actually matters materially in the affair.

Which is to say that you're too ignorant to even realise when you've been baited into revealing your ignorance.
 
C4Cat said:
How much raw steel does Canada produce compared to how much it exports to the US? Its world ranking is irrelevant.
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I'll take that as a 'no'.

Does the tariff only apply to raw steel produced in a country? Or to processed steel products as well?
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That's an open question, but I would presume that Trump will put a tariff on raw steel such that items produced with the raw steel is subject to import duties as well. It might actually not work out that badly for Canada or Mexico overall if they start buying American steel instead and if they're selling the processed products back to the Americans.
 
Xarog said:
:rolleyes:

To make this situation analogous, Angola would have to import 10% of the world's oil from Nigeria and then refine it and sell the refined oil while you whine and moan about Angola's domestic production as if it actually matters materially in the affair.

Which is to say that you're too ignorant to even realise when you've been baited into revealing your ignorance.
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Says the guy who thinks Luxemburg is the world's largest raw steel producer.
 
Hamish McPanji said:
Yeah, your article does seem to be built on imaginary stuff. That's what we were trying to point out.
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Except it isn't because what you're trying to poke holes in actually has no bearing on the core argument of the article. You must think that Canada doesn't import raw steel from anywhere else, huh?
 
Xarog said:
Except it isn't because what you're trying to poke holes in actually has no bearing on the core argument of the article. You must think that Canada doesn't import raw steel from anywhere else, huh?
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The core argument is built on BS. How long will it take you to realise that if you build anything on top of that, its entire foundation is still BS
 
Hamish McPanji said:
The core argument is built on BS. How long will it take you to realise that if you build anything on top of that, its entire foundation is still BS
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The core argument is not built on BS because Canada's primary source of raw steel is not Canada. Thus it is entirely possible that Canada is supplied by the Chinese who produce half the world's raw steel, and that America's spat with the Chinese over their steel is of huge significance to Canada and America's steel trade.

But no, we should rather believe that Canada is getting upset over their steel industry, which is less than 1% of the global market, as if the World's 10th largest economy by GDP would actually notice if their puny steel market went under. :rolleyes:
 
Xarog said:
The core argument is not built on BS because Canada's primary source of raw steel is not Canada. Thus it is entirely possible that Canada is supplied by the Chinese who produce half the world's raw steel, and that America's spat with the Chinese over their steel is of huge significance to Canada and America's steel trade.

But no, we should rather believe that Canada is getting upset over their steel industry, which is less than 1% of the global market, as if the World's 10th largest economy by GDP would actually notice if their puny steel market went under. :rolleyes:
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80% of their exports are to the US.
They produce 10% less than they consume. They export half of what they produce.

The core argument is that they produce hardly anything. They actually only export half of their local production of raw steel. I.e. core argument built on BS

Edit: I would actually produce the actual figures, but that would involve attempting to explain them to you...which is impossible
 
Hamish McPanji said:
80% of their exports are to the US.
They produce 10% less than they consume. They export half of what they produce.

The core argument is that they produce hardly anything. They actually only export half of their local production of raw steel. I.e. core argument built on BS

Edit: I would actually produce the actual figures, but that would involve attempting to explain them to you...which is impossible
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So in other words, we're dealing with your imagination as I initially said.

Edit: https://www.trade.gov/steel/countries/pdfs/imports-Canada.pdf :whistle:
 
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