BREAKING: Vladimir Putin Announcement Shocks Nation – Here’s What It Means…

Redline Steel founder and veteran Colin Wayne said Tuesday on Breitbart News Daily Podcast that calling inflation the “Putin tax” is a “cover story” and doesn’t represent the reality of what is happening in the U.S. economy.

“I don’t think anything has to do [with Putin],” Wayne replied. “I think he’s the cover story, but I think that we’re doing this to ourselves.”

He said that the futures of U.S. Midwest Domestic Hot-Rolled Coil Steel (CRU) are up 400% since Trump was in office, only 18 months ago.

“Now I’m having trouble finding domestic steel,” he added, “and we’re having to pay even more for the freight to bring it in from other states, all the way up in Michigan, just to find 10-gauge steel.”

Wayne was proud of his products being American made, but said there should be more incentives for manufacturers to source their materials inside the U.S. because “it feeds the entire system.”

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