Jump to content
Political Discussion Forums
Sign in to follow this  
Zeitgeist

Trump’s Steel and Aluminum Tariffs Killing North America’s Auto Sector

Recommended Posts

2 minutes ago, Zeitgeist said:

What economists predicted would result from Trump’s steel and aluminum tariffs has come to pass: a billion dollar loss to GM and plant closures on both sides of the border:

 

Economists are brilliant that way...failing to note that plant closures were in progress before Trump was ever elected president.

Share this post


Link to post
Share on other sites
7 minutes ago, bush_cheney2004 said:

 

Economists are brilliant that way...failing to note that plant closures were in progress before Trump was ever elected president.

Trump hastened it.  If he goes further down the tariff war rabbit hole and imposes 25 percent auto tariffs that will no doubt cause counter tariffs, these auto companies’ costs will rise even further.  These plant closures will seem like a honeymoon by comparison.  This madness has to stop.  Kudlow doesn’t know what he’s doing.  Either does the rest of the Trump cabal. 

Share this post


Link to post
Share on other sites
6 minutes ago, Zeitgeist said:

Trump hastened it.  If he goes further down the tariff war rabbit hole and imposes 25 percent auto tariffs that will no doubt cause counter tariffs, these auto companies’ costs will rise even further.  These plant closures will seem like a honeymoon by comparison.  This madness has to stop.  Kudlow doesn’t know what he’s doing.  Either does the rest of the Trump cabal. 

 

No....Trump needs to keep the pressure on to force concessions on IP theft, transshipments, and dumping.   Plant closures were happening in Canada and the USA long before Trump imposed tariffs.   Ontario lost automotive jobs for the past 18 years with Liberal party "madness" that continues to this day.

Can't be any worse than the Bush-Obama "honeymoon"...when GM started to exit Canada...for good.

Edited by bush_cheney2004

Share this post


Link to post
Share on other sites
1 minute ago, bush_cheney2004 said:

 

No....Trump needs to keep the pressure on to force concessions on IP theft, transshipments, and dumping.   Plant closures were happening in Canada and the USA long before Trump imposed tariffs.   Ontario lost automotive jobs for the past 18 years with Liberal party "madness" that continues to this day.

Can't be any worse than the Bush-Obama "honeymoon".

You’re so wrong.  Trump has literally reversed progress. The US has gone downhill and dragged its allies down with it.  Two years of amateur hour. We were all better off under Obama. Ontario was better off under Wynne.  I’ll give you more leeway on Trudeau. He was naive and doctrinaire about some of the wrong things. 

Share this post


Link to post
Share on other sites
1 minute ago, Zeitgeist said:

You’re so wrong.  Trump has literally reversed progress. The US has gone downhill and dragged its allies down with it.  Two years of amateur hour. We were all better off under Obama. Ontario was better off under Wynne.  I’ll give you more leeway on Trudeau. He was naive and doctrinaire about some of the wrong things. 

 

Your politicians have zero impact on my life in the U.S.    Their stupidity is only for entertainment purposes...they are your problem...not mine.

Trump was elected to "reverse the process"...and he is doing what he can with the limited tools at his disposal.

Share this post


Link to post
Share on other sites
41 minutes ago, bush_cheney2004 said:

 

Your politicians have zero impact on my life in the U.S.    Their stupidity is only for entertainment purposes...they are your problem...not mine.

Trump was elected to "reverse the process"...and he is doing what he can with the limited tools at his disposal.

Your cynicism towards the abilities and hopes of the lower economic social strata, smaller countries, middle class industrial workers, and any alternative vision of the world apart from a self-interested and belligerent part of the US political spectrum says something about why we’re in the state we’re in today.  

Trump’s biggest flaw is that his idea of winning is taking advantage of people. Making America great at the expense of immigrants and other countries is an oxymoron.  Generosity is a sign of strength not weakness.  Now that we’re into the fear and greed game, people are more distrustful and on the take. We’re losing global networks and social cohesion domestically.  I do think Trump thought his tariffs would help American workers, but he hasn’t considered the costs, both to other countries and his own people. He won’t listen to experts and seems to take pride in having uninformed policy.  Truth just isn’t that important to him. 

Share this post


Link to post
Share on other sites
2 hours ago, Zeitgeist said:

Your cynicism towards the abilities and hopes of the lower economic social strata, smaller countries, middle class industrial workers, and any alternative vision of the world apart from a self-interested and belligerent part of the US political spectrum says something about why we’re in the state we’re in today. 

 

Thank you....it is better to be rich than to be poor.

 

Quote

Trump’s biggest flaw is that his idea of winning is taking advantage of people. Making America great at the expense of immigrants and other countries is an oxymoron.  Generosity is a sign of strength not weakness.  Now that we’re into the fear and greed game, people are more distrustful and on the take. We’re losing global networks and social cohesion domestically.  I do think Trump thought his tariffs would help American workers, but he hasn’t considered the costs, both to other countries and his own people. He won’t listen to experts and seems to take pride in having uninformed policy.  Truth just isn’t that important to him. 

 

Correct...but this is not a new idea.    See "1980's"...."Greed is good."

If "global networks" are breaking down, then they were never that strong to begin with (i.e. if all it takes is a Donald Trump to unravel them).

Keep the faith...surely Canada will save the world with "Sunny Ways".

 

Share this post


Link to post
Share on other sites
7 hours ago, bush_cheney2004 said:

 

Thank you....it is better to be rich than to be poor.

 

 

 

 

I am glad  you think so. Problem is the enforcement agency you expect to protect you is poor and may not think so. They might turn on you. Careful now. You might want to watch Al Pacino in Scarface again. Say hello to my little friend. I mean that kind of lifestyle catches up. Excuse me I must go back to the slums with my peons. I am going to suck on some kind of bone for dinner. Tastes like someone rich.

Share this post


Link to post
Share on other sites
13 hours ago, Zeitgeist said:

Trump hastened it.  If he goes further down the tariff war rabbit hole and imposes 25 percent auto tariffs that will no doubt cause counter tariffs, these auto companies’ costs will rise even further.  These plant closures will seem like a honeymoon by comparison.  This madness has to stop.  Kudlow doesn’t know what he’s doing.  Either does the rest of the Trump cabal. 

I'm against the tariffs, but to suggest that this is the reason for the plant closings is disingenuous.  The federal and Ontario Liberal energy policy is more responsible.

Share this post


Link to post
Share on other sites
14 hours ago, bush_cheney2004 said:

 

Your politicians have zero impact on my life in the U.S.    Their stupidity is only for entertainment purposes...they are your problem...not mine.

Trump was elected to "reverse the process"...and he is doing what he can with the limited tools at his disposal.

Yes yes, keep telling us that you don't care about Canada and that it does not impact you.

Share this post


Link to post
Share on other sites
4 hours ago, Truth Detector said:

I'm against the tariffs, but to suggest that this is the reason for the plant closings is disingenuous.  The federal and Ontario Liberal energy policy is more responsible.

Not true.  Ontario's energy costs are in the same ballpark as the costs of neighboring U.S. jurisdictions.  Massachusetts is substantially more expensive.  New York is more expensive.  Prices below are per kilowatt hour:

MAJOR NORTH AMERICAN CITIES AVERAGE PRICES FOR LARGE-POWER CUSTOMERS1 (IN ¢ /k W h)2
 Edmonton, A B: 8.53
 Vancouver, B C: 7.77 Charlottetown, P E: 9.51  Calgary, A B: 8.32 Moncton, N B: 7.86  Seattle, W A: 10.05 Regina, S K: 8.98 Halifax, N S: 10.26  Winnipeg, M B: 5.18 Portland, O R: 8.46 Ottawa, O N: 10.80  Montréal, Q C: 5.18
Toronto, O N: 10.66  Boston, M A: 23.24 Detroit, M I: 8.21 New York, N Y: 13.83 Chicago, I L: 7.88 

 San Francisco, C A: 14.85
 Nashville, T N: 11.57
Houston, T X: 9.84 
Miami, F L: 8.3

 

MAJOR NORTH AMERICAN CITIES AVERAGE PRICES FOR RESIDENTIAL CUSTOMERS1 (IN ¢ /k W h)2
 Edmonton, A B: 14.35
 Vancouver, B C: 11.42 Charlottetown, P E: 16.83  Calgary, A B: 15.79 Moncton, N B: 12.97  Seattle, W A: 15.02 Regina, S K: 16.51 Halifax, N S: 16.41  Winnipeg, M B: 9.00 Portland, O R: 13.99 Montréal, Q C: 7.13 Ottawa, O N: 12.16 
Toronto, O N: 13.24  Boston, M A: 31.52 Detroit, M I: 20.86 New York, N Y: 30.46 Chicago, I L: 16.75 
 San Francisco, C A: 27.95
 Nashville, T N: 15.53
Houston, T X: 13.75 
Miami, F L: 12.51 
 

Share this post


Link to post
Share on other sites
8 hours ago, Rue said:

I am glad  you think so. Problem is the enforcement agency you expect to protect you is poor and may not think so. They might turn on you.

 

Nice fantasy....Hollywood movies can provide even better ones....Canada eats that stuff up.

The "enforcement agency" is working just fine for now....I helped to put another "poor" bastard back in the slammer a few weeks ago (jury duty).

 

Share this post


Link to post
Share on other sites
2 hours ago, Zeitgeist said:

Not true.  Ontario's energy costs are in the same ballpark as the costs of neighboring U.S. jurisdictions.  Massachusetts is substantially more expensive.  New York is more expensive.  Prices below are per kilowatt hour:

MAJOR NORTH AMERICAN CITIES AVERAGE PRICES FOR LARGE-POWER CUSTOMERS1 (IN ¢ /k W h)2
 Edmonton, A B: 8.53
 Vancouver, B C: 7.77 Charlottetown, P E: 9.51  Calgary, A B: 8.32 Moncton, N B: 7.86  Seattle, W A: 10.05 Regina, S K: 8.98 Halifax, N S: 10.26  Winnipeg, M B: 5.18 Portland, O R: 8.46 Ottawa, O N: 10.80  Montréal, Q C: 5.18
Toronto, O N: 10.66  Boston, M A: 23.24 Detroit, M I: 8.21 New York, N Y: 13.83 Chicago, I L: 7.88 

 San Francisco, C A: 14.85
 Nashville, T N: 11.57
Houston, T X: 9.84 
Miami, F L: 8.3

 

MAJOR NORTH AMERICAN CITIES AVERAGE PRICES FOR RESIDENTIAL CUSTOMERS1 (IN ¢ /k W h)2
 Edmonton, A B: 14.35
 Vancouver, B C: 11.42 Charlottetown, P E: 16.83  Calgary, A B: 15.79 Moncton, N B: 12.97  Seattle, W A: 15.02 Regina, S K: 16.51 Halifax, N S: 16.41  Winnipeg, M B: 9.00 Portland, O R: 13.99 Montréal, Q C: 7.13 Ottawa, O N: 12.16 
Toronto, O N: 13.24  Boston, M A: 31.52 Detroit, M I: 20.86 New York, N Y: 30.46 Chicago, I L: 16.75 
 San Francisco, C A: 27.95
 Nashville, T N: 15.53
Houston, T X: 13.75 
Miami, F L: 12.51 
 

Not true.  Ontario was paying the highest rate of hydro in North America not that long ago.

Share this post


Link to post
Share on other sites
7 minutes ago, Truth Detector said:

Not true.  Ontario was paying the highest rate of hydro in North America not that long ago.

Do you have a cite? I have one from Hydro-Quebec which suggests you are either misinformed or lying.

http://www.hydroquebec.com/data/documents-donnees/pdf/comparison-electricity-prices.pdf

Share this post


Link to post
Share on other sites
51 minutes ago, Truth Detector said:

Not true.  Ontario was paying the highest rate of hydro in North America not that long ago.

That was never true.  Show the evidence or stop spreading fake news.

Share this post


Link to post
Share on other sites
1 hour ago, Zeitgeist said:

That was never true.  Show the evidence or stop spreading fake news.

Sure.  The prices for industry were even worse in Ontario.

Ontario electricity rates for industry among highest in North America

https://www.fraserinstitute.org/article/ontario-electricity-rates-for-industry-among-highest-in-north-america

Ontarians pay highest rates in Canada for hydro, study shows

https://www.cbc.ca/news/canada/toronto/ontario-hydro-fraser-institute-study-1.4212668

 

Share this post


Link to post
Share on other sites
11 minutes ago, Truth Detector said:

From the article above (that you provided):

"

While Ontarians pay some of the highest electricity rates in Canada, those rates are still relatively low when compared to many places across North America.

According to data from Hydro Quebec, rates paid in Ontario are well below those seen in New York, Boston or Chicago.

electricity rates

Chart: Hydro-Quebec

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

×
×
  • Create New...