[Canada] Canadian Politics Redux

[mongers]

Does Tennessee produce aluminium? If not, they may be sourcing it from Canada before processing it into aluminium powder.

Sounds like you know more about it than me, I just know there's a stack of US aluminium companies on the East coast, places like Pennsylvania, Kentucky. I wonder if it's got anything to do with possible historical imports of Jamaican bauxite??

[Jacob]

Does Tennessee produce aluminium? If not, they may be sourcing it from Canada before processing it into aluminium powder.

Sounds like you know more about it than me, I just know there's a stack of US aluminium companies on the East coast, places like Pennsylvania, Kentucky. I wonder if it's got anything to do with possible historical imports of Jamaican bauxite??

About 60% of US aluminium is imported from Canada.

[Crazy_Ivan80]

Now, apparently, Trump is (maybe, who knows) ready to meet Canada and Mexico "in the middle" (whatever TF that means): https://www.newsweek.com/trump-official-says-president-ready-meet-mexico-canada-middle-2039626

Maybe he should start by not slandering Justin Trudeau as Governor Trudeau. Maybe not be an asshole for a minute.

How could he? He's all asshole, with just vocal cords added (and those protested when they got their assignment)

[Josephus]

Looks like the auto industry is one place Trump may be willing to "negotiate". I guess he's facing a lot of pressue.

[Barrister]

Looks like the auto industry is one place Trump may be willing to "negotiate". I guess he's facing a lot of pressue.

It's also though one area where the tariffs might actually succeed.

Canada is always gong to have oil and timber and potash and hydro - it's not like those resources can move.

But auto plant factories can move (very slowly and very expensively).

But then again Trump is an idiot, so who knows what he'll do.

[crazy canuck]

I read an estimate that it would take decades and 100s of billions of dollars to move the North American automotive industrial capacity entirely to the US.

[Barrister]

I read an estimate that it would take decades and 100s of billions of dollars to move the North American automotive industrial capacity entirely to the US.

I don't know about decades plural, but 100s of billions and ten years plus?  Sure.

But at least that's one of the few areas one could imagine the tariffs working for the US.

You might think this is me defending Trump.  It isn't.  It's just that even if you take him seriously if he abandons the auto sector that's one of the first areas where his tariffs might actually have a positive effect.  So if he abandons that sector...

[crazy canuck]

I read an estimate that it would take decades and 100s of billions of dollars to move the North American automotive industrial capacity entirely to the US.

I don't know about decades plural, but 100s of billions and ten years plus?  Sure.

But at least that's one of the few areas one could imagine the tariffs working for the US.

You might think this is me defending Trump.  It isn't.  It's just that even if you take him seriously if he abandons the auto sector that's one of the first areas where his tariffs might actually have a positive effect.  So if he abandons that sector...

I don't think you are defending Trump, I just think you don't have a good idea of what is involved in making a vehicle, and the hundreds of companies that are involved in the supply chain.  It not about just moving one manufacturing facility.

[Josephus]

...anyway, he's paused it. Like I said, I think that was mostly due to pressure from the US auto industry.

[Jacob]

So am I understanding this correctly, this is just another one-month pause, not the permanent state of affairs?

[HisMajestyBOB]

So am I understanding this correctly, this is just another one-month pause, not the permanent state of affairs?

The one month pauses will be the permanent state of affairs.

Well, right up until it isn't.

[crazy canuck]

So am I understanding this correctly, this is just another one-month pause, not the permanent state of affairs?

The one month pauses will be the permanent state of affairs.

Well, right up until it isn't.

Yep

[Josephus]

There's now talk about an agricultural pause on items like potash. See if I were Trudeau at this point I would add an export tax on potash. Tell Trump "you want relief? Remove tariffs on everything "

[Jacob]

I've heard the idea of export taxes suggested before. How legitimate a tool are they?

In principle it sounds like they'll drive up costs for consumers and bring revenue to the government of the exporting country. What are the other potential impacts?

[Admiral Yi]

I've heard the idea of export taxes suggested before. How legitimate a tool are they?

In principle it sounds like they'll drive up costs for consumers and bring revenue to the government of the exporting country. What are the other potential impacts?

They drive down revenue of exporters.