Many Canadian manufacturers eyeing U.S. move as trade tensions take a toll: KPMG

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A new survey shows trade tensions have some Canadian manufacturers deciding to move production south of the border or delay capital investments. KPMG Canada said on Tuesday that 42% of […]

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[JACKBURTON]

Good job everyone!

 

[loaders]

Regardless if our elbows are up or down, nothing short of becoming the 51st state is going to prevent tariffs on Canadian goods entering the US going forward. The US trade representative has said so already, “any new deal between Canada and the US will include tariffs”.It is a new world economic order in the eyes of the US President. Dropping our pants to any level isn’t going to change the situation. If some Canadian companies feel they would be better off manufacturing in the US and thereby avoiding tariffs, so be it. That is the result of US actions, not Canada’s.

 

[JACKBURTON]

Regardless if our elbows are up or down, nothing short of becoming the 51st state is going to prevent tariffs on Canadian goods entering the US going forward. The US trade representative has said so already, “any new deal between Canada and the US will include tariffs”.It is a new world economic order in the eyes of the US President. Dropping our pants to any level isn’t going to change the situation. If some Canadian companies feel they would be better off manufacturing in the US and thereby avoiding tariffs, so be it. That is the result of US actions, not Canada’s.

But.. But we all said "elbows up". How'd that strategy backfire?