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With a minimum of googling, it seems that Honda already makes this vehicle in both the U.S. and Canada. They appear to be adding shifts to the U.S. to boost pro
by slindsey 1y ago
With a minimum of googling, it seems that Honda already makes this vehicle in both the U.S. and Canada. They appear to be adding shifts to the U.S. to boost production 30% while lowering it elsewhere. So "Yay" I guess. It's one of the few situations where the tariffs can work short term. In most cases, shifting production from another country to the U.S. is a multi-year investment that tariffs won't significantly impact because they are changing too often to drive such long-term decisions.
- Pet_Ant 1y agoHopefully Canada slaps a tarriffs on companies that relocate production.
- bestouff 1y agoThis. That's so stupid, what once each and every country has tariffs ?
- EA-3167 1y agoThat... is broadly already the case, with a few exceptions in central Africa. https://en.wikipedia.org/wiki/List_of_countries_by_tariff_rate https://en.wikipedia.org/wiki/List_of_countries_by_tariff_ra...
- aaronbaugher 1y agoIt's funny how many people think the US is doing something new, and not just catching up with the rest of the world.
- bryanlarsen 1y agoThe western world's average tariff rate is generally around 1.5%. Increasing this by an order of magnitude is something new, and a lot more than "catching up".
- deleted 1y ago[deleted]
- kalleboo 1y agoThere's no "catching up", the US also already had tariffs inline with other developed nations.
- aredox 1y agoCatching up? They are regressing to the level of "the rest of the world". Do you think the USA isn't the best nation on Earth?
- bitshiftfaced 1y agoWhen people refer to "tariffs," they're talking about when a country puts a tax on imports coming from a particular country. Are you saying Canada should tax Honda specifically (and not, for example, other car manufacturers like Toyota)?
- Pet_Ant 1y agoYes, tax Honda specifically. I mean, it can't just tax Honda specifically as a "bill of attainder" issue, so it'd need to be phrased as something like "companies whose production has been deemed transferred due to foreign tarrifs".