25·
2 days agoI work in a Canadian manufacturing company that is owned by a large American conglomerate. When Trump started all these shenanigans, there were rumors floating around that head office was going to move the shop to the US to save money.
Apparently they did a cost/benefit analysis and determined that it would cost them far more than they stood to lose, by moving the operation South, and the returns wouldn’t even begin to come in for at least a decade. They decided that raising their prices to absorb the tariffs, was by far the better option. Even the projected losses were manageable compared to the cost of disrupting their supply chains.
All these tariffs are going to do, is make everything.ore expensive. Nothing else is likely to change.
I got perma banned for saying that Elon Musk should get “burned” in Canada for fraudulent sales numbers posted by Tesla in order to qualify for Federal subsidies.
They took me literally, and claimed I was promoting violence. My appeal got shut down in less than an hour. They “burned” my 8 year old account, for saying that Elon should get “burned” in Canada. The irony is real.