Trump Runaway Inflation
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Trump Announces 25 Percent Tariffs on Imported Cars and Parts President Trump said the tariffs will go into effect next week, and will apply to cars and trucks as well as key parts like engines, transmissions and electrical components that are shipped into the United States. This could significantly increase prices for consumers.
Great News everything will COST MORE
😎 1Comment
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Trump Announces 25 Percent Tariffs on Imported Cars and Parts President Trump said the tariffs will go into effect next week, and will apply to cars and trucks as well as key parts like engines, transmissions and electrical components that are shipped into the United States. This could significantly increase prices for consumers.
Great News everything will COST MORE
Mike Carney was talking about this today. This guy is has the personality of a rock. He went on and on about how bad he feels for Americans.
Ask yourself this question and be honest. Would you rather sells cars in Canada or the US?Adversity temporarily visits a strong man but stays with the weak for a lifetime.👍 1Comment
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Trump is on the phone with the car companies in Mexico and Canada. No tariffs when they move to the USA. High paying jobs moved from Canada to the red, white and blue.
Mike Carney was talking about this today. This guy is has the personality of a rock. He went on and on about how bad he feels for Americans.
Ask yourself this question and be honest. Would you rather sells cars in Canada or the US?👍 1Comment
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I wonder how bad he feels for his own people? They are the ones losing their jobs when production moves to America. They are the ones that will be paying higher prices for American made products due to Canada's tariffs. Products that Canada lacks the resources to produce on their own. And I doubt if any NATO countries are going to invest in building factories in Canada, maybe China or Russia might help the Canadian Communist government.
In reality....
'We're seriously outgunned' in trade war, warns former Bank of Canada governor
'When the dust settles, we will need our U.S. partnership, just as much as we need it today' — Stephen Poloz
Former Bank of Canada governor Stephen Poloz says we are “seriously outgunned” by the Americans in a trade war, arguing Canada will still need the United States down the road.
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“When the dust settles, we will need our U.S. partnership, just as much as we need it today,” said Poloz, now special adviser to Osler, Hoskin & Harcourt LLP, during a webinar recorded on Monday. “We need to keep our eye on that long-term. This is not the Hatfields and the McCoys. We have to think long-term and make the best of a bad hand at this stage, knowing that there will be another hand in due course sometime in the future.”
.S. President Donald Trump is set to announce reciprocal tariffs on all countries on April 2, and it isn’t clear if goods covered by the Canada-U.S.-Mexico Agreement (CUSMA) will remain exempted from tariffs beyond that date.
The Bank of Canada estimates a protracted trade war with the U.S. would cause Canada’s GDP to decline by three per cent over the next two years. Desjardins Group economists predict Canada’s economy will head into a contraction as soon as the second quarter of this year.
Poloz said while the forecasts for the Canadian economy are “grim” he does not believe them to be “existential.” He said he is optimistic that Canada can find a practical solution.
“People forget that trade doesn’t happen between countries, it happens between people,” he said. “And those people still like each other, still respect each other, still want to do business together.”
Adversity temporarily visits a strong man but stays with the weak for a lifetime.👍 1Comment
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Trump lies everytime his lips move.You seen to think that all car production and part can get up and move instantly.It would take years and billions of dollars .Some companies will not survive .In the end you will have more expensive cars and less jobs.We would not buy your cars!Most are junk anyways.Comment
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Trump lies everytime his lips move.You seen to think that all car production and part can get up and move instantly.It would take years and billions of dollars .Some companies will not survive .In the end you will have more expensive cars and less jobs.We would not buy your cars!Most are junk anyways.Adversity temporarily visits a strong man but stays with the weak for a lifetime.Comment
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Trump lies everytime his lips move.You seen to think that all car production and part can get up and move instantly.It would take years and billions of dollars .Some companies will not survive .In the end you will have more expensive cars and less jobs.We would not buy your cars!Most are junk anyways.Comment
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Actually liberals and Communists like you lie. The US has the resources to accomplish what is needed, Canada does not. There are existing facilities left vacant as a result of four years of Biden economics that can be refitted and put into operation in three to six months or less. In addition many Canadian manufacturers already have facilities in the US that can be expanded. As for Canadians buying our cars, as your economy collapses none of you will have the money to buy anything. Trudeau's tariffs have guaranteed that. Currently Canada can not afford a trade war. The US can.
You try to come across as an educated person. Educate us.Comment
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Trump lies everytime his lips move.You seen to think that all car production and part can get up and move instantly.It would take years and billions of dollars .Some companies will not survive .In the end you will have more expensive cars and less jobs.We would not buy your cars!Most are junk anyways.
you seem confused. It's your country that is freaking out. Even accusing us of a direct attackAdversity temporarily visits a strong man but stays with the weak for a lifetime.Comment
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