RSS SubscribeUS policy to increase mineral production must include revisiting tariffs
From Mining.com
Regardless of the next president, tariffs will remain a part of US minerals policy. A future Harris administration would ostensibly keep the tariffs imposed by the Biden administration on certain mineral imports from China. A future Trump administration would increase both tariffs on Chinese mineral imports and mineral imports from other countries, based on former President Donald Trump’s comments about imposing 60% or more tariffs on Chinese imports and a 10% baseline tariff on all imports. If the next president wants to use tariffs to increase US mineral production, the most effective policy would impose tariff rates that maximize reserve extraction and target refining self-sufficiency in the United States. Here’s how to do it.
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#Tariffs
The idea that Biden’s administration caused the current bout of inflation the Fed is fighting, and winning, is complete nonsense.
https://aheadoftheherd.com/what-and-who-caused-the-inflation-the-fed-is-currently-fighting-richard-mills/
As I proved in the above article.
The last days of Trump’s admin saw inflation of 6.2%, Trump was responsible for the budget/deficit Biden faced for his first year in office.
So far the Fed has done an admirable job and the US has not entered a recession. And won’t. Say it out loud – soft landing.
Instead the Fed can start easing, interest rates come down, bond yields and the dollar collapse and PM’s and commodities will soar.
We are entering a commodities super-cycle because of structurel deficits on the supply side pushed by the tailwinds of lower interest rates, a weaker dollar and increased demand.
Copper has broken out again, iron is holding, gold and silver already doing well will soar higher. The dollar has collapsed to 100.68
Still time to find a handful of PM and copper juniors trading for pennies and finance them. Life is good.
Ban shredded cheese. Make America grate again.