Trump threatens Canadian cars with tariffs up to 100% - National | Globalnews.ca
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As usual, he has decided to implement a tariff without giving American businesses an alternative. Which hurts American businesses the most.
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Encouraging domestic production is all well and good, but this doesn't do that. And besides, people like me are going to continue buying foreign vehicles for the manufacturing quality and durability.
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That's the thing: It's all bluff. The main goal is to scare away investments in the Canadian part of the industry. He's trying to sabotage out economy. What a fucking ally he is....
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He's such a goblin.
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It's not bluff when he actually does it. He did it last time, he just backed down afterward. But it wasn't like there was zero damage. And he hasn't backed down on other tariffs yet.
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Yeah people don't realize he isn't bluffing about any of this stuff. He is just trying to get as many concessions out of them before he implements the tariffs anyway.
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use that syrup to tar and feather the shit orange trashbag
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There are Canadian cars?
Edit: I read the article and no, these are American cars which are being made in Canada.
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I get how shitty it would be for Canadian exports that have the tariff applied to them, but would it help some items become cheaper in Canada?
Now I understand that we do not do the final assembly or finishing on a lot of what is sent, but would we see it drive local prices down or would business try to justify higher prices to offset their loss (you know because it is the law of the universe that profits must always go up).
In the big picture, we stop shipping oil, we stop sending electricity and cars and or parts, keep food items here, in the long run would things become cheaper while we are looking for new markets to sell to, or while we are building our own systems to finish items where practical?
We as a nation cannot let that dumbfuck control our economy, every time it happens we say, "oh we need to diversify" and yet we never do because the US usually smartens up and sees us as an alie not an adversary, but I wouldn't count on that fron the US for quite some time as the government hasn't been sold to the tech douche bros and corrupt Republicans (or repugnicans).
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This is because of Elon.
Fuck it idc put 200% on Teslas and give us access to cheap Chinese vehicles.
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Does this dude understand how tariffs work?
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Most American brands aren't actually made in the US. Chances are if you look at the label in your car's driver side door it'll say something about being manufactured in Mexico or Canada.
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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.
