4d ago

The US has a trade surplus with Canada in autos.

economics.td.com Setting the Record Straight on Canada-U.S. Trade

Setting the Record Straight on Canada-U.S. Trade

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.

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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?

27 comments