![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
I don’t understand Trumpian economics…
Mar. 3rd, 2025 07:53 amFrom this NY Times article ,
“Peter Navarro, the senior counselor for trade and manufacturing, said in a call with reporters Friday that “disastrous” timber and lumber policies “drive up construction and housing costs and impoverish America through large trade deficits that results from exporters like Canada, Germany and Brazil dumping lumber” into the U.S. market.”
Wait: if Canada, Germany, and Brazil are “dumping” lumber on the US market, wouldn’t that drive construction and housing prices down, not up? It might cost some US lumberjack jobs, in exchange for creating more US construction jobs. (Not to mention jobs making things that we export to Canada, Germany, and Brazil.)
“Peter Navarro, the senior counselor for trade and manufacturing, said in a call with reporters Friday that “disastrous” timber and lumber policies “drive up construction and housing costs and impoverish America through large trade deficits that results from exporters like Canada, Germany and Brazil dumping lumber” into the U.S. market.”
Wait: if Canada, Germany, and Brazil are “dumping” lumber on the US market, wouldn’t that drive construction and housing prices down, not up? It might cost some US lumberjack jobs, in exchange for creating more US construction jobs. (Not to mention jobs making things that we export to Canada, Germany, and Brazil.)
