Trump doesn’t seem to understand that you can’t just uproot an entire industry and relocate it someplace else overnight. So really, the only choice aluminum-dependent industries have short-term is to pay the damn tariff and keep on importing. Ironically, Canada itself has to pay the tariff too because most canning plants are in the US, and we’re no more able to ramp up canning here than the US can ramp up aluminum refining. Changes like that take significant time and financial investment.
I don’t remember where but i’ve read a interview with a ceo saying it will take them at least 4 years to make the change they need to stop using canadian aluminum
Pretty much any of the changes Trump supposedly wants to effect with these tariffs would take somewhere in the region of 4-10 years to execute.
Which is why they simply won’t. Why invest in that at all when their assumption is that the tariffs will be done by then, because they’ll just make sure a less stupid, more compliant president gets elected?
The whole plan is idiotic and self defeating, plain and simple.
I’d imagine there’s also a monetary reason they didn’t in the first place too. I’m not sure if it was cheaper to just import from Canada or what, but I’d imagine things will be a lot more expensive for Americans even once things are all worked out (in the unlikely scenario the US ever even returns to being a stable country which seems unlikely at this point)
Trump doesn’t seem to understand that you can’t just uproot an entire industry and relocate it someplace else overnight. So really, the only choice aluminum-dependent industries have short-term is to pay the damn tariff and keep on importing. Ironically, Canada itself has to pay the tariff too because most canning plants are in the US, and we’re no more able to ramp up canning here than the US can ramp up aluminum refining. Changes like that take significant time and financial investment.
He doesn’t understand much of anything at all.
I don’t remember where but i’ve read a interview with a ceo saying it will take them at least 4 years to make the change they need to stop using canadian aluminum
Pretty much any of the changes Trump supposedly wants to effect with these tariffs would take somewhere in the region of 4-10 years to execute.
Which is why they simply won’t. Why invest in that at all when their assumption is that the tariffs will be done by then, because they’ll just make sure a less stupid, more compliant president gets elected?
The whole plan is idiotic and self defeating, plain and simple.
Personally, I’m not sure we can assume there will be an election in four years. Or if there is one, that it won’t be an “election”, like in Russia.
(Likewise, if the US ever did take over Canada by force, I’m sure we would be a territory like Puerto Rico and not have a vote.)
I hope they can decide not to elect idiots again just as a rule.
I’d imagine there’s also a monetary reason they didn’t in the first place too. I’m not sure if it was cheaper to just import from Canada or what, but I’d imagine things will be a lot more expensive for Americans even once things are all worked out (in the unlikely scenario the US ever even returns to being a stable country which seems unlikely at this point)