vastard@lemmynsfw.com to Canada@lemmy.ca · 13 days agoTrump promises 25% tariffs on steel and aluminum imports — including from Canadawww.cbc.caexternal-linkmessage-square46fedilinkarrow-up11arrow-down10cross-posted to: [email protected]
arrow-up11arrow-down1external-linkTrump promises 25% tariffs on steel and aluminum imports — including from Canadawww.cbc.cavastard@lemmynsfw.com to Canada@lemmy.ca · 13 days agomessage-square46fedilinkcross-posted to: [email protected]
minus-squarexmunk@sh.itjust.workslinkfedilinkarrow-up0·13 days agoThey manufacture a lot more parts on site.
minus-squareanomnom@sh.itjust.workslinkfedilinkEnglisharrow-up0·13 days agoThey aren’t making the aluminum which their cars are largely made of.
minus-squarexmunk@sh.itjust.workslinkfedilinkarrow-up0·13 days agoYou’re correct that they will be hit by the tariffs but they won’t be hit by it multiple times. Most other car manufacturers have intermediate part production in Canada so they can end up paying tariffs again and again on the same part.
minus-squareLeFantome@programming.devlinkfedilinkarrow-up0·12 days agoWhat is steel and aluminum in terms of attracting tariffs? Are finished parts still considered steel?
They manufacture a lot more parts on site.
They aren’t making the aluminum which their cars are largely made of.
You’re correct that they will be hit by the tariffs but they won’t be hit by it multiple times. Most other car manufacturers have intermediate part production in Canada so they can end up paying tariffs again and again on the same part.
What is steel and aluminum in terms of attracting tariffs? Are finished parts still considered steel?