This clown of a conmanโs understanding of global auto production and the global supply chain and its link to the world economy leaves one shaking their heads in disbelief. What a global embarrassment.
what if i drive a brand new car from Canada to US border?
Under Trump's administration, buying an egg costs you an egg, as they say ๐ฅx๐ฅ I think we've gone back to the days of bartering ๐๐๐
what part was this a tariff?
Click Bait...bit time.
The relocation of Canadian automobile manufacturers to the United States in response to the tariffs that Donald Trump wants to impose would be extremely complex, costly, and unlikely for several reasons: 1. Prohibitive Relocation Costs Moving an automobile plant involves massive investments. Itโs not just about transporting equipment but also rebuilding facilities, re-establishing the supply chain, and hiring a new skilled workforce. The costs could reach several billion dollars per plant, with delays of 5 to 10 years to restore optimal production capacity. 2. Skilled Workforce and Expertise Canada has a highly skilled automotive workforce, particularly in Ontario, with decades of experience. Moving this expertise to the United States would take years, and it would be difficult to train an American workforce to the same standards as the Canadian industry. 3. Energy Costs and Tax Incentives Ontario benefits from abundant and affordable electricity due to hydroelectric power. In the United States, energy costs are generally higher, which would increase production costs. Additionally, Canadian provincial and federal governments offer tax incentives to support the automotive industry, which companies would lose if they relocated. 4. Logistical and Supply Chain Challenges The automotive industry operates on an integrated supply chain model between Canada, the United States, and Mexico (CUSMA/USMCA agreement). Parts cross borders multiple times before vehicles are assembled. Moving production to the United States would disrupt this supply chain, increasing logistical costs and slowing down production. 5. Higher Costs for Consumers Even if manufacturers attempted to relocate to avoid tariffs, production costs in the United States would be significantly higher, leading to a substantial increase in vehicle prices for American consumers. This could harm the competitiveness of both Canadian and American brands compared to foreign competitors. 6. More Viable Alternatives Rather than relocating, Canadian manufacturers are more likely to negotiate exemptions or adjustments to the tariffs. They may also seek to increase the production of high-value vehicles to offset increased costs. Conclusion Canadian automobile manufacturers have neither the financial means nor the strategic incentive to move their operations to the United States, even if tariffs are imposed. They are more likely to pursue diplomatic or economic solutions to avoid a massive relocation.
So, any car sold in the US, will be reviewed and all the constituent parts reviewed to identify where they originate from. Then, the tax on any of these will have a zero tax burden. He just makes it up as he goes along. How long until he backtracks! ๐๐๐
Consumers will get screwed. That will be the outcome. The prices are already way too high.
Retaliatory tariffs on US cars soon, recession soon after that.
every 4 imported cars comes in, he and his alliance profit 100% of a car.
Foreign counties are cutting their taxes to make their exports cheaper to compensate gor the US tarrifs . Its about market share
So where are any comments on the tariffs๐
Who's erasing comments?
Click bait
Love Trump โค
@smash_27