OMG!
Important to understand about, for example, the auto industry:
We get raw materials from Canada.
#Tariffs.
We make part, send it to Mexico.
Tariffs.
Mexico makes another part, ships it back to us.
Tariffs.
It isn’t just 25% one time we will pay for that new car.
https://youtu.be/uTvSodcPlMk?si=_F8CvX3A09Im3fSy
Important to understand about, for example, the auto industry:
We get raw materials from Canada.
#Tariffs.
We make part, send it to Mexico.
Tariffs.
Mexico makes another part, ships it back to us.
Tariffs.
It isn’t just 25% one time we will pay for that new car.
https://youtu.be/uTvSodcPlMk?si=_F8CvX3A09Im3fSy
Comments
Its a gamble, but regardless if we think it can work, that is his goal
From: Department of Finance Canada
https://www.canada.ca/en/department-finance/news/2025/02/list-of-products-from-the-united-states-subject-to-25-per-cent-tariffs-effective-february-4-2025.html