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<blockquote data-quote="tonyexpress" data-source="post: 3400757" data-attributes="member: 1940"><a href="https://www.npr.org/2018/03/06/591103676/century-aluminum-executive-backs-trumps-international-tariff-plan" target="_blank">Just have to wait and see... Could just be a way to make NAFTA more reasonable..</a>Well, let&#039;s talk about that, Steve, because we think there&#039;s been a lot of rhetoric on this issue, and we think it&#039;s really a bit of a red herring. So when you look at the actual potential price effects of a tariff here on the end user, we think it&#039;ll be negligible, if anything at all. But let&#039;s just assume for a second that the full effect of the tariff were to be passed along to the end consumer. Let&#039;s take a beer can, for example. There&#039;s about 3 cents&#039; worth of aluminum in a beer can. So a 10 percent tariff on that beer can would mean the price of that beer can would go up by three-tenths of one penny, or about a penny-and-a-half on a six-pack. Take an automobile. Brand-new automobile, average automobile in this country is sold for about $35,000. There&#039;s about 400 pounds of aluminum in that automobile. If that full 10 percent were transmitted, it&#039;d be about a $40 increase in the price of that $35,000 vehicle.</blockquote>

[QUOTE="tonyexpress, post: 3400757, member: 1940"] [URL='https://www.npr.org/2018/03/06/591103676/century-aluminum-executive-backs-trumps-international-tariff-plan']Just have to wait and see... Could just be a way to make NAFTA more reasonable..[/URL] Well, let's talk about that, Steve, because we think there's been a lot of rhetoric on this issue, and we think it's really a bit of a red herring. So when you look at the actual potential price effects of a tariff here on the end user, we think it'll be negligible, if anything at all. But let's just assume for a second that the full effect of the tariff were to be passed along to the end consumer. Let's take a beer can, for example. There's about 3 cents' worth of aluminum in a beer can. So a 10 percent tariff on that beer can would mean the price of that beer can would go up by three-tenths of one penny, or about a penny-and-a-half on a six-pack. Take an automobile. Brand-new automobile, average automobile in this country is sold for about $35,000. There's about 400 pounds of aluminum in that automobile. If that full 10 percent were transmitted, it'd be about a $40 increase in the price of that $35,000 vehicle. [/QUOTE]

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