Trump threatens Canadian cars with tariffs up to 100% - National | Globalnews.ca
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He does not.
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ah yes... I somehow ignored the "-made" part. stole sounds less bizarre that way but surely it must have been the company suits chasing cheaper manufacturing or something.
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This is the dude who replaced NAFTA with our current trade agreement with Canada and Mexico and can't stop talking about how terrible the trade agreement with Canada and Mexico is. I don't think he understands a lot outside of manipulation.
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You might see short term savings on some things during the economic turbulence, but overall it will make things more expensive in the short and long term.
For things that Canada is a net exporter of, like Canola, you might see a sudden oversupply when exports stop, and then cheaper products. In the long term, farms will adjust or go out of business. The expenses that come along with that wind up on the consumer eventually.
For manufactured items, if a business is shifting to solely domestic markets, they lose a lot of economies of scale which again increases costs.
Overall, free trade is a mixed bag. It ultimately saves consumers money, but leads to larger multinational businesses and reduced national autonomy.
Unwinding free trade gives up the reduced costs and costs a lot of money in retooling and reestablishing supply chains etc.
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At least you can make a Lada run forever by repairing it.
We'll get a bunch of unfixable and proprietary bullshit. -
All Trump knows is mcdonalds, do felonies, eat horse paste, and lie.
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oh you've seen the new Jeep
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The fun thing is due to Tesla's business model this would effectively stop all Tesla sales overnight. Already bought one? Unless you're picking it up in the next day or two it probably hasn't cleared customs yet. Might want to cancel.
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Cars actually Built in the states will have a VIN starting with 1, 4, 5, or 7. 2 means Canada and a 3 followed by a letter means Mexico.
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I've seen the new [car].
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They run on maple syrup though, which means they're eco friendly.
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Reminds me of the Simpsons' beer-powered car at the gas/beer station.
"One [pump] for you, one [pump] for me!"
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Maple syrup is about 10$ / litre
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I did of course mean ecologically friendly and not economically friendly.
That said - less than ten times the price to help the environment and of course make the country smell like a pancake breakfast? Sign me up!
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Please do it. The most impacted will be the business owners, companies, and country folk that grind through cars the quickest. I have to drive, but I'm set up to go a very long time before I need a "new" car.
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Correct, these are American cars, which American companies decided to move production to Canada for cost savings. And now, because those American companies made a decision, our moron in chief claims that Canada stole those jobs.
More smoke and mirrors while he and his goons continue to destroy the country and steal everything of value.
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He knows how everything works. Better than anybody. Lots of people are saying it. Very smart.
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It's a bit off topic, but I've always wondered how it was cheaper to manufacture cars in Canada. I can't imagine Canadian wages are lower than the Deep South, which has a ton of US auto manufacturing.
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Hey that's the free market.
Or not.
