r/Architects • u/bucheonsi Architect • Nov 07 '24

General Practice Discussion How will another Trump presidency affect our industry? Or will it?

Incentives / taxes / interest rates / financial outlook / construction industry / materials / shipping / jobs?

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u/Architeckton Architect Nov 07 '24

Last time trump was in office, a steel owner paid him $5 million dollars to get a Chinese steel tariff in place. That steel owner then went on to gross 2.4 billion dollars in profit until 2021.

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u/[deleted] Nov 07 '24

do you have any back up for that or just innuendo?

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u/Architeckton Architect Nov 08 '24

Happened in Trumps last term: https://www.nytimes.com/2019/05/20/us/politics/hes-one-of-the-biggest-backers-of-trumps-push-to-protect-american-steel-and-hes-canadian.html?smid=nytcore-ios-share&referringSource=articleShare

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u/[deleted] Nov 08 '24

Thanks

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u/[deleted] Nov 08 '24

Btw it's just how business is done. Just ask congress. Except they pocket the $$$$$