Quote:
Originally Posted by YOWetal
Almost all paths forward with no access to the US market are far more dire than you are making it out. We will not be exporting Fords to Europe and likely won't be making them here at all. We allow duty free access to our market from the EU, Korea and Japan under various agreements. We could end up with nothing but over-subsidized battery plants.
Given all this going to war is absolutely the right response. Trump has shown he backs down. We haven't even used our best cards yet. The stock market and consumer inflation matter to him.
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Plan A should be to get Trump to reverse course. No question. That is the ideal setup.
What I am saying is we should also be working on Plan B in parallel, if we can't achieve Plan A.
Plan B (if can't get there), is have tariffs to block US cars from coming into Canada and we have an industrial policy where we sit down with Ford Canada and talk about how can they most effectively take advanced of their paid for factories in Canada, supply chain and skilled workforce. For the European market they manufacture in Germany, Spain, and Turkey. We are not competing with the third world. Maybe we need to provide some investments to retool.
We do the same with GM, Boeing and any other major manufacture etc.
Boeing is an interesting opportunity. They assemble all their aircraft in the US. They are going to have retaliatory tariffs around the world. Airbus is better positioned with assembly lines in the US and depending on the model also in Canada or Europe.
Quote:
Originally Posted by theman23
How does Carney play into any of this?
This is all political fan fiction. It's ridiculous.
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Carney over the past few years has been involved in putting together railway projects, pipeline project, energy projects, data infrastructure projects on a global scale. Many of them private-public partnerships. He is credible on wall street and at Davos where many of these types of deals come together and get funded.
Here is the portfolio:
https://www.brookfield.com/our-businesses/infrastructure
The conservatives like to talk about creating an "open for business" attitude; most of them have no experience doing any of this. Carney brings a level of experience doing these types of deal in the real world that we have never had in the PM office. I don't expert the PM to be negotiating pipline deals, but having the PM understand what it takes to attract investment for these types of projects, in an environmentally responsible way, in important to create the right environment.