Author Topic: Myth of Global Markets Explained  (Read 344 times)

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Myth of Global Markets Explained
« on: March 02, 2018, 04:14:35 PM »

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Re: Myth of Global Markets Explained
« Reply #1 on: March 02, 2018, 08:23:55 PM »
http://www.dailymail.co.uk/news/article-3784270/Chinese-billionaire-hid-2-billion-aluminum-stockpile-Mexican-desert-claim-American-rivals.html

Quote
A Chinese billionaire is hiding a giant stockpile of aluminum in the Mexican desert, his American rivals have claimed.

The pile, worth $2 billion and measuring one million metric tons, represents six per cent of the world's aluminum.

It was discovered two years ago after a California aluminum executive sent a pilot over San José Iturbide, a city in central Mexico, the Wall Street Journal reported in an investigative piece Friday.

Trade representative Jeff Henderson believes Chinese billionaire Liu Zhongtian, an aluminum magnate, routed merchandise through Mexico to avoid paying US tariffs.


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Re: Myth of Global Markets Explained
« Reply #2 on: March 02, 2018, 08:52:26 PM »
Remember that time when China was dumping steel on Europe? Guess what they did.

http://money.cnn.com/2016/01/29/news/economy/steel-china-europe-dumping-tariffs/index.html

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Re: Myth of Global Markets Explained
« Reply #3 on: March 02, 2018, 08:54:35 PM »
Oh, Canada....

https://www.cnbc.com/2018/03/02/trumps-steel-aluminum-tariffs-may-rattle-canadas-economy-and-nafta.html

Quote
Imports on tariffs could hit the country particularly hard. Canada exports nearly 90 percent of its steel to the U.S., while it accounts for 16 percent of all U.S. steel imports, the most out of any country. It also accounts for 41 percent of America's aluminum imports. Trump's main target in this, China, barely exports any steel to the U.S, with America ranking 26th as a destination for Chinese steel imports, according to the International Trade Administration.

 :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:

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Re: Myth of Global Markets Explained
« Reply #4 on: March 05, 2018, 12:15:16 AM »
Unrolled thread from Rex on India/US partnership on steel...

https://threadreaderapp.com/thread/970431373646299136.html


The orig thread with comments:
https://twitter.com/_VachelLindsay_/status/970433852945518594

 

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