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And before I talk about tariffs today on the Savage Nation, I hope you like my red outfit with my red Savage Nation hat, before we talk about that, I want to start with something long forgotten down the memory hole is America's former private road system. It's very important that you have to listen to this, because anything with a private component is off the table for Marxists, no matter how much it might help those middle-class working people that the left claims to care so much about. Republicans want to privatize everything, and Democrats want to socialize everything. The Democrats won't even listen to a suggestion to give the private sector a crack at anything. Neither will a lot of Republicans, for that matter. This despite everyone acknowledging that the government has failed on virtually every level. So Trump is now passing what is common sense, and you'll find out today that it's not so novel. Tariffs were part of this country from the beginning.
But we know that Trump substantially raised tariffs on steel and aluminum just recently. It was just Monday to a flat 25%. He said without exceptions or exemptions. He wants to aid struggling industries in the United States, but it also sparks what? A trade war? No, I don't think it'll spark a trade war. In fact, the best article on this topic was written by Peter Navarro, who incidentally was put in prison by Biden and his gang for many things he didn't do, but no doubt because he was certainly in favor of America first. aluminum and steel are not just pillars of the domestic economy, but they're foundational to our national security. They're very important, and that's why Trump signed proclamations, pardon me, to restore and strengthen the Section 232 tariffs he boldly implemented in 2018. He's going back to what he did in 2018 all over again. What he wants to do is save the steel industry. He wants to save us from what Biden did to us. Leveraging Biden's weaknesses, China and Russia, would trans - ship steel through Mexico and Canada? Japan, amidst its declining domestic demand, would target the American market with high -value specialty steel products that undercut U .S. producers. Canada's government put nearly a billion dollars into Acellar Maital's facilities, and what they did was they transitioned their outdated blast furnaces into modern direct - reduced iron - electric arc furnaces to create better steel at lower prices. These massive government subsidies in Canada gave Canada's national steel champion an unfair competitive advantage over our own steel companies. I can tell you more about it, including what Mexico did to us under Biden. I can tell you what South Korea did to us under Biden. But you need to know the bottom line. What are tariffs and how do they work and who pays for them? Do you know that domestic steel capacity utilization has dangerously dropped to 74% well below the sustainable 80% threshold that we need to make sure that we can make enough steel for our military and national defense in general. America's aluminum producers have been equally hard hit. Australia has doubled its primary aluminum exports to the U.S., while foreign competitors including adversaries like China and Russia aggressively have used transshipment loopholes through Mexico and Canada to evade and circumvent tariffs. That is why Trump acted this week to impose tariffs on steel and aluminum. As imports have surged, domestic aluminum production has fallen by 30%. Listen to this carefully. Smelter utilization rates have dropped to nearly 50%.
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