Quote:
Originally Posted by MegaErtz
Will they though? I'm thinking most UAW workers are looking at plant expansions /retools and a lot of overtime in the near future. American automotive manufacturers won't be permitted to take advantage of cheap labour across the border in Ontario anymore.
|
You're assuming that investors are keen to pour billions of dollars into manufacturing capacity that is only viable with 25% tariffs.
Everyone knows Trump will be out of office in 4 years, or sooner if he drops dead, and a lame duck within 2 years. Unless they're absolutely convinced that extreme trade measures will continue with the next administration, companies aren't going to want to spend massive amounts of money on expansion.