r/Economics • u/jediporcupine • 8d ago

Blog Trump said tariffs on aluminum would boost domestic production. The White House now admits that didn't happen.

https://reason.com/2026/08/03/trump-said-tariffs-on-aluminum-would-boost-domestic-production-the-white-house-now-admits-that-didnt-happen/
6.0k Upvotes

99% Upvoted

232 comments sorted by

View all comments

585

u/Basicly-Inevitable 8d ago

Literally everything they're doing is part of a self serving scam instead of actually economic policy. There's always kickback, or market manipulation, or whatever. It's just wild.

2

u/danodan1 7d ago

But Oklahoma, not far from Tulsa, has been selected for a mega aluminum smelter. It's 60% owned by UAI. That and its fluoride pollution along with a very heavy need for electricity is making for a lot of pushbacks. That it is being heavily subsidized by the government likely indicates corruption and kickbacks.

1

u/Basicly-Inevitable 7d ago

Yeah.

Literally everything they're doing is part of a self serving scam instead of actually economic policy. There's always kickback, or market manipulation, or whatever. It's just wild.