Trump tariffs could impact mid-Missourian's wallets

4 months 2 weeks 3 days ago Friday, March 02 2018 Mar 2, 2018 Friday, March 02, 2018 7:47:00 PM CST March 02, 2018 in News
By: Sydney Olsen, KOMU 8 Reporter
loading

COLUMBIA - Mid-Missourians have mixed feelings about President Donald Trump's tariffs on imported steel and aluminum products, which was announced Thursday.

The decision would apply tariffs of 25 percent on steel and 10 percent on aluminum products entering the United States. 

Trump said the tariffs will strengthen the struggling steel and aluminum industry that once thrived in the U.S. Trump ran on a platform of creating and keeping jobs in America. 

Trump tweeted Friday, "We must protect our country and our workers. Our steel industry is in bad shape. If you don't have steel, you don't have a country."

Some critics of the tariffs are worried they will increase the price of domestic steel and aluminum. Others think they are not an effective measure to help steel and aluminum producers. 

Jonathan Zinser doesn't believe the tariff is unnecessary. 

"I don't see the point in tariffing it if there's no security concerns. And I think some major beverage companies like Miller Coors and some other ones have come out and said it's going to raise drink prices," Zinser said. "I don't think anyone wants those kind of commodities to increase in price." 

Supporters of the tariffs hope they will decrease competition from foreign steel and aluminum manufactures on American companies. 

Antidote Williams, the manager of a local auto repair shop, said the tariffs would probably not have a large impact on sales of aluminum and steel products. He said he doesn't believe higher prices would stop people from buying items like car parts.

"We're going to need stuff to survive and do our everyday life anyway," Williams said. "We still need cars. So people are going to pay the price regardless."

More News

Grid
List
JEFFERSON CITY, Mo. – House Minority Leader Gail McCann Beatty will resign from the Missouri House of Representatives effective Sunday... More >>
53 minutes ago Friday, July 20 2018 Jul 20, 2018 Friday, July 20, 2018 12:57:00 PM CDT July 20, 2018 in News
COLE COUNTY — The Cole County Sheriff’s Department responded to possible weapons violation on Thursday night. When the officers... More >>
2 hours ago Friday, July 20 2018 Jul 20, 2018 Friday, July 20, 2018 11:47:00 AM CDT July 20, 2018 in News
(AP) - President Donald Trump has indicated that he's willing to hit every product imported from China with tariffs and... More >>
4 hours ago Friday, July 20 2018 Jul 20, 2018 Friday, July 20, 2018 8:52:00 AM CDT July 20, 2018 in News
BRANSON - A press conference was held Friday morning following Thursday's fatal boat capsizing at Table Rock Lake. As... More >>
6 hours ago Friday, July 20 2018 Jul 20, 2018 Friday, July 20, 2018 7:23:00 AM CDT July 20, 2018 in News
BRANSON (AP) — The Latest on a deadly tourist boat accident in Missouri (all times local): 10:30 a.m. ... More >>
6 hours ago Friday, July 20 2018 Jul 20, 2018 Friday, July 20, 2018 7:16:00 AM CDT July 20, 2018 in News
BRANSON - The recent boat incident that killed 11 and injured seven in Branson isn't the first time Ride the... More >>
11 hours ago Friday, July 20 2018 Jul 20, 2018 Friday, July 20, 2018 2:06:00 AM CDT July 20, 2018 in News
COLUMBIA - Thursday evening around 9:00 pm, two cars collided head-on at the intersection of Worley St. and W. Boulevard.... More >>
14 hours ago Thursday, July 19 2018 Jul 19, 2018 Thursday, July 19, 2018 11:14:00 PM CDT July 19, 2018 in News
COLUMBIA - The City of Columbia confirmed Friday the household hazardous waste collection is cancelled. The waste collection was... More >>
15 hours ago Thursday, July 19 2018 Jul 19, 2018 Thursday, July 19, 2018 10:16:00 PM CDT July 19, 2018 in News
(CNN) -- More illnesses have been reported across the United States in two separate cyclospora outbreaks, federal health officials said... More >>
16 hours ago Thursday, July 19 2018 Jul 19, 2018 Thursday, July 19, 2018 9:31:35 PM CDT July 19, 2018 in News
BRANSON - The Stone County Sheriff has confirmed that Missouri State Highway Patrol diving searches have ended for the night... More >>
16 hours ago Thursday, July 19 2018 Jul 19, 2018 Thursday, July 19, 2018 9:12:00 PM CDT July 19, 2018 in News
(CNN) -- Gun-rights activists have reached a settlement with the government that... More >>
16 hours ago Thursday, July 19 2018 Jul 19, 2018 Thursday, July 19, 2018 8:57:04 PM CDT July 19, 2018 in News
COLUMBIA - The Loop CID met with the Planning and Zoning Committee Thursday night to discuss future plans for Business... More >>
18 hours ago Thursday, July 19 2018 Jul 19, 2018 Thursday, July 19, 2018 7:46:00 PM CDT July 19, 2018 in News
JEFFERSON CITY - Missouri House Minority Floor Leader Gail McCann Beatty will resign later this week to take a job... More >>
18 hours ago Thursday, July 19 2018 Jul 19, 2018 Thursday, July 19, 2018 6:55:00 PM CDT July 19, 2018 in News
DES MOINES, Iowa - Pella Regional Health Center spokeswoman Billie Rhamy confirmed Thursday evening injuries were minor and all patients... More >>
19 hours ago Thursday, July 19 2018 Jul 19, 2018 Thursday, July 19, 2018 6:49:00 PM CDT July 19, 2018 in Continuous News
(CNN) - President Donald Trump hopes to welcome Russian President Vladimir Putin in Washington this fall, White House press secretary... More >>
20 hours ago Thursday, July 19 2018 Jul 19, 2018 Thursday, July 19, 2018 5:09:00 PM CDT July 19, 2018 in News
JEFFERSON CITY - Planned Parenthood advocates demonstrated a mock health care waiting room in Governor Parson's office Thursday. The... More >>
21 hours ago Thursday, July 19 2018 Jul 19, 2018 Thursday, July 19, 2018 4:16:00 PM CDT July 19, 2018 in News
JEFFERSON CITY (AP) — Missouri Attorney General Josh Hawley has charged a former Greenville city clerk with stealing more than... More >>
22 hours ago Thursday, July 19 2018 Jul 19, 2018 Thursday, July 19, 2018 3:07:00 PM CDT July 19, 2018 in News
JEFFERSON CITY (AP) — State conservation officials say six black bears have died after being hit by vehicles in Missouri... More >>
22 hours ago Thursday, July 19 2018 Jul 19, 2018 Thursday, July 19, 2018 3:02:00 PM CDT July 19, 2018 in News
Columbia, MO
Broken Clouds 91°
2pm 92°
3pm 92°
4pm 93°
5pm 92°