Locals React To Steel, Aluminum Tariffs

Locals React To Steel, Aluminum Tariffs

Posted: Updated:

Thursday afternoon, President Trump signed off on new tariffs for foreign imports - 10 percent on aluminum imports and 25 percent on steel.

However, this will not include Canada and Mexico.

It's a move that's gotten mixed local reaction.

Phil Randazzo is the owner of Clayton's Coyote Moon Winery, which is known for selling wine in a can and uses steel for its machinery.

Randazzo says the tariffs may mean beer and wine industries and consumers will spend more money, but he doesn't think it will be significant.

"What we're looking at on the aluminum side anyway, it might mean something less than one penny a six-pack. It's really a pretty small number when you boil it down to a consumer level," he said.

For Alcoa, an aluminum plant in Massena, it came as good news.

"It feels like we have a fighting chance against foreign competition again," said Mark Goodfellow, United Steelworkers Local 420A president.

But some are concerned the move is too large. Congresswoman Elise Stefanik opposes the tariffs, saying they "will increase costs on consumers, invite retaliation from other countries, and will hurt our ability to export" and that if the country wants to "address Chinese steel dumping, we should take a more targeted approach."

Another concern is the local impact if this action turns into a international trade war.

"If, however, the trade war really takes on a life of its own, then it could be significant for all of the products that we use. So, I really think we need to guard against that as a country, not to grow this trade war into agriculture, beef production. It could get really ugly," said Randazzo.

The tariffs are expected to go into effect in 15 days.

Powered by Frankly
All content © Copyright 2000 - 2018 Frankly Media and WWNY. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.