Section is towards middle. They don’t disclose how much the surplus is, but the obvious conclusion is that if Canadians never buy another US made vehicle, then it is a net reduction in jobs/revenue for US makers even if entire Canadian auto sector is destroyed. It is a significant ask for US investment if end result is losing money/US jobs for it.
They have a huge trade surplus on everything if considered properly by per capita.
This doesn’t have to be a per capita issue. It’s true that our deficit per capita is a higher number than their surplus per capita.
So Trump is dumb
The trump regime was designed to TANK the US economy so that stocks, businesses, and industries can be bought by billionaires at rock bottom prices.
All is going according to plan.
Every year since 2008, the US has had a overall trade surplus excluding energy and at an average of about $30B. Energy is good, especially when it is provided at a discount.
It is dumb to “force Canadians” to never buy US products. It also means losing Canada as a military client. When you have a trade surplus, then even if all Canadian production were to be replaced for US production, it is a net loss in US production. Less total sales by US firms.
I mean Canada is only one country Michael. How many people could they possibly have? 10?
F-150 is the best selling vehicle in Canada. F-150 is made in the US. So perhaps it could be.
I have an F150, it was assembled in a Quebec plant. I bought breaks, they were made in canada. When I change the tires I use a metric socket…
And the misspelling of the word “brakes” knows no border.
autocorrect will start ww3…
Also noteworthy, Canada is by far the only country without a very large trade surplus in autos with the US.
The Media is trying to fear monger and like always people are buying it and pretending like they actually know what’s going on.
As of the time of this post our dollar is 0.70 USD. Add 25% to that. .70x.25=17.5 So our dollar with the tariff is still only costing us companies $0.88 on their dollar. Our dollar used to be more than that in the mid 2000’s. They bought from us then and they will continue to buy from us now.
The problem is our own government using counter tariffs. That’s going to increase your cost of living all because orange man bad.
orange man bad
Uhhhh - yeah? You saying he’s not?
I smell an incel.
Dude Reddit is over there.
I’m saying it’s unproductive just like most complaining and protest. If you want to make lasting change you first need to fundamentally change how you live your life.
you first need to fundamentally change how you live your life
Not sure what you mean, would you provide some examples of how you have fundamentally changed your life?
Consumer habits is a good place to start. Actually be mindful of what you’re spending money on and your actions. Not sacrificing ethics for convenience. For example, people love working from home. They don’t pay attention to how working remotely funds American tech companies like Microsoft and Google while at the same time reducing the revenue from our public transit systems. Demanding to work from the office will have a bigger impact than posting on American or Chinese owned social media and attending solidarity “elbows up” rallies.
This is such an incredibly stupid take. Like working from home has anything to do with how massive Microsoft and Google are, they were huge before WFH.
You also seem to be under the assumption that everyone takes public transit to get to work. The reality is, many of them will commute to work in their car. This is terrible for the environment and clogs up the highways with people who don’t even need to be on the road and can just do all their work from home.
You just sound like one of those people who works a job that can’t be done from home and is just jealous of the ones that can. Work from home is a huge benefit for employees and the environment, saying “Microsoft bad” doesn’t change that.
So what’s your take?
Sorry, I’m not sure how to interpret this as an example of how you have personally fundamentally changed your life.
Mindful consumer habits is the example I gave. I used to be a sucker for convenience like a lot of people. I’ve also started paying attention to politics, and I mean politics not news headlines about politics. Making up my own mind on the opinions of others has been a real life changer.
Sounds like you have too much time on your hands
So you stopped eating out, stopped buying prepared food, stopped buying animal products, stopped paying for online subscriptions, stopped buying the products of slavery sold in all our supermarkets… right? Or what are we talking about here?
I mean, any tariff is going to have an impact. And I’d argue that by everyone ganging up against trump it puts more pressure on him to cave (as we’ve seen him repeatedly backtrack on tariffs).
I hope they use more export tariffs than retaliation (import) tariffs. Increasing prices in US has more impact than them losing sales, and especially if we’re boycotting even non-tariffed products.
In the end, tariffs are terrible for unity. Cooperation between nations. But, Alberta may care about its oil profits more than about Ontario employment. The same happens in US though. You have a trade deficit with your barber, and shouldn’t care that much. But paying $5k-$10k more for a car to support policy that will supposedly create more jobs in Michigan, in 5 years, doesn’t have huge appeal to non Michigan auto workers.
Auto tariffs on US can be a tool to keep Canadian auto production though.