NYSEAM:UEC - Post by User
Comment by
GSTbay1060on Sep 19, 2024 11:20pm
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Post# 36232424
RE:⚠️Yesterday the Office of the US Trade Representative (USTR)
RE:⚠️Yesterday the Office of the US Trade Representative (USTR)Hmmmm! Here is a thought. If we say Uranium is $80 per pound for simple math. We also acknowledge that why would China sell product for less than $80 per pound . So if a USA utility needs Uranium and buy it from China that utility would be paying with all fees $100 per pound.. Therefore when USA based producers find out why would they sell for less than $100 per pound??? Now what happens when the next utility has to by Chinese uranium at $100 well after they pay the USA government 25% their costs are $125....... That's why tariffs are so inflationary, especially with commodities..
glta
dyodd