d2jsp
Log InRegister
d2jsp Forums > Off-Topic > General Chat > Political & Religious Debate > Canada 25% Tariffs
Prev1141516171834Next
Add Reply New Topic New Poll
Member
Posts: 28,972
Joined: Jun 20 2007
Gold: 34.51
Mar 27 2025 06:01pm
Michigan plant already laying off workers due to weak auto demand and tarrifs likely to drives prices higher resulting in even weaker demand.

Member
Posts: 31,666
Joined: Dec 29 2016
Gold: 291,611.20
Warn: 10%
Mar 27 2025 06:14pm
A national U.S. pork organization is lobbying the Canadian federal government to drop its tariffs on the U.S. pork industry.

According to a blog entry on the National Pork Producers Council (NPPC) website, the NPPC has written to Canada’s Department of Finance, noting that “tit-for-tat tariff exchanges” will disrupt supply chains built between the two countries over decades.

“We request that Canada seeks to preserve the benefits of the integrated North American market to the maximum extent practicable, including by excluding U.S. pork imports from retaliation,” read the missive.


They should do something useful and work on making US Pork Products heritage pork breeds, they should of got the message decades ago when nobody wanted "The other white meat"
This is why pork cuts are so dry, and tasteless, lean pork sucks, everyone loves bacon.

This post was edited by PapaPsych on Mar 27 2025 06:14pm
Member
Posts: 28,856
Joined: Aug 11 2013
Gold: 10,712.00
Mar 27 2025 07:07pm
Below is what's on the horizon if enough corps get the message. I actually hope the tariffs are not just a bluff tactic. You either bring production here or you pay to play in the biggest consumer market.

Quote
Hyundai has made multiple investment pledges, with Hyundai Steel announcing a $5.8 billion steel plant in the U.S. in March 2025 to shield against tariffs, while Hyundai Motor Company earlier committed $90 billion to localize production, including hybrid vehicle manufacturing in Georgia. These moves aim to reduce reliance on imports from South Korea and Mexico, which face 25% tariffs.

General Motors (GM) is reportedly investing $60 billion in the U.S., a figure tied to Trump’s statements in March 2025, though details are less concrete. This follows a trend of automakers like Stellantis ($5 billion) and Honda (repatriating production from Mexico and Canada) adjusting to tariffs on North American trade partners, effective since March 4, 2025, after a brief delay.

General Motors (GM) is reportedly investing $60 billion in the U.S., a figure tied to Trump’s statements in March 2025, though details are less concrete. This follows a trend of automakers like Stellantis ($5 billion) and Honda (repatriating production from Mexico and Canada) adjusting to tariffs on North American trade partners, effective since March 4, 2025, after a brief delay.


Member
Posts: 28,972
Joined: Jun 20 2007
Gold: 34.51
Mar 27 2025 07:40pm
Below is what's on the horizon if enough corps get the message. I actually hope the tariffs are not just a bluff tactic. You either bring production here or you pay to play in the biggest consumer market.


Don't count your chickens before they hatch. Apple made the exact same announcements back in 2018 when trump blustered on about Tarrifs, then they recycled the same announcement during Biden.

https://finance.yahoo.com/news/truth-apples-500-billion-promise-100000604.html

Companies do the same thing over and over. Announcement after announcement, and cup the balls of the next guy in line without any need to actually follow through because the announcement suffices. Because that's all that needs to be done. The general public will be convinced by an announcement alone and any politician can say see look at this reinvestment and typically general public will never look twice to see what ever happened but their support is now with the politician.

This post was edited by SBD on Mar 27 2025 07:44pm
Member
Posts: 28,856
Joined: Aug 11 2013
Gold: 10,712.00
Mar 27 2025 07:49pm
Don't count your chickens before they hatch. Apple made the exact same announcements back in 2018 when trump blustered on about Tarrifs, then they recycled the same announcement during Biden.

https://finance.yahoo.com/news/truth-apples-500-billion-promise-100000604.html

Companies do the same thing over and over. Announcement after announcement, and cup the balls of the next guy in line without any need to actually follow through because the announcement suffices. Because that's all that needs to be done. The general public will be convinced by an announcement alone and any politician can say see look at this reinvestment and typically general public will never look twice to see what ever happened but their support is now with the politician.


25% tariff is an excellent motivator
Member
Posts: 28,972
Joined: Jun 20 2007
Gold: 34.51
Mar 27 2025 08:08pm
25% tariff is an excellent motivator


It was the same motivator in his last presidency with Chinese impacting tech which is why Apple made that commitment then recycled it and now is recycling again lmao.

Makes for pretty headlines. Which in today's world is all that matters in the modern goldfish brain.

It's just the first example that popped into my head when seeing your post. I'm sure I could unearth all the big players making similar announcements back then with no real follow through or minimal amounts at best.

This post was edited by SBD on Mar 27 2025 08:09pm
Member
Posts: 28,856
Joined: Aug 11 2013
Gold: 10,712.00
Mar 27 2025 08:20pm
It was the same motivator in his last presidency with Chinese impacting tech which is why Apple made that commitment then recycled it and now is recycling again lmao.

Makes for pretty headlines. Which in today's world is all that matters in the modern goldfish brain.

It's just the first example that popped into my head when seeing your post. I'm sure I could unearth all the big players making similar announcements back then with no real follow through or minimal amounts at best.


It was blatantly obvious he wasn't going to follow through with tariffs back then, because he used the stock market as a gauge for his 'success' as president on economic front. Not sure that's the case today.

Curious, how long do you think of 25% tariffs before car companies cry uncle and start actually bringing production to the US 1quarter, 2 quarters, more? Car makers have gross margins between 10-20%, they have no ability to survive if they will rely on imported cars. The alternative? Pass on the costs? Lmao good luck with that, you think a weakened consumer is going to pay ~12k more, or the likelier scenario--they'll just buy a similar substitute that was US produced.

This post was edited by ofthevoid on Mar 27 2025 08:21pm
Member
Posts: 28,972
Joined: Jun 20 2007
Gold: 34.51
Mar 27 2025 08:23pm
It was blatantly obvious he wasn't going to follow through with tariffs back then, because he used the stock market as a gauge for his 'success' as president on economic front. Not sure that's the case today.

Curious, how long do you think of 25% tariffs before car companies cry uncle and start actually bringing production to the US 1quarter, 2 quarters, more? Car makers have gross margins between 10-20%, they have no ability to survive if they will rely on imported cars. The alternative? Pass on the costs? Lmao good luck with that, you think a weakened consumer is going to pay ~12k more, or the likelier scenario--they'll just buy a similar substitute that was US produced.


Think those reinvestment announcements are irrelevant. You think they're just going to pop up and the supply chain shifts tomorrow. It's just hot air while they wait out an erratic guy much like the previous 4 year term.

I'm sure we just see announcements then tarrifs lift or circumvented much like last time.

I'm indifferent. There's just a history here and last time it was laughable and now its the same thing only a third time in apples case. It's comical.

This post was edited by SBD on Mar 27 2025 08:25pm
Member
Posts: 28,856
Joined: Aug 11 2013
Gold: 10,712.00
Mar 27 2025 08:29pm
Think those reinvestment announcements are irrelevant. You think they're just going to pop up and the supply chain shifts tomorrow. It's just hot air while they wait out an erratic guy much like the previous 4 year term.

I'm sure we just see announcements then tarrifs lift or circumvented much like last time.


Most of the car makers already have car manufacturing capacity in the US. Toyota, Ford, GM, Stellantis, whatever. They can't pass on the costs because demand will crater, nor can their margins absorb it, so the only solution is going to be increased production within the US to avoid the tariffs, while throttling output in Canada/Mexico. 3.5 years is a long time, most of these C-suite execs have a few quarters to avoid such risks and do something about it, they don't have 4 years to wait it out.

Maybe there's some deal and tariffs are dropped before next month, maybe not. If not though, you're going to see reshoring, 100%, who knows to what level but at least some will make the move, because this is a behemoth market and there is no other market able to absorb that type of supply level.

This post was edited by ofthevoid on Mar 27 2025 08:30pm
Member
Posts: 15,051
Joined: Sep 29 2021
Gold: 25.00
Mar 27 2025 09:23pm
Canada and EU(and by default NATO) are playing with fire. If the US gets too close with Russia you better believe a US,Russia & China alliance would go around unchecked.

Canada and its supporters will throw out a bunch of EXCUSES and reasons why the US trade war with them will hurt the US more but it’s all nonsense. The Canadian government and economy is very reliant on the US but realistically EVERYTHING the US buys from Canada can be produced “in house” with a very small investment compared to the years the US has invested in the Canadian economy.

Also South American countries would gladly take the US’ money for a lot of the things Canada provides us. As would the Arab world and even African countries.

This post was edited by MadMan87 on Mar 27 2025 09:24pm
Go Back To Political & Religious Debate Topic List
Prev1141516171834Next
Add Reply New Topic New Poll