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Canada slashes 100% tariffs on Chinese EVs to 6%

electrek.co

411–420 of 640 posts

Re: Canada slashes 100% tariffs on Chinese EVs to 6%

#411
post #308

Earlier quoted context omitted.

>The US has turned into something much more vindictive and unpredictable, including threatening to invade Canada. The thing about China is that they are basically hard on the up slope of their advancement as a society/economy/nation, just like US was post ww2. US on the other hand, has flatlined to the point where we think stuff like trans athletes in sports are a drastic enough reason to elect a president who is a c…

The US definitely peaked a long time ago, and we're in the slow demise phase of its empire, but I think China has already peaked as well. They have the same obesity and consumerism crises that have plagued the US. Add to that a demographic implosion, and I think the best they can do is hope for 20 more years.

Next 20 years is when PRC will really start cooking. In that period, PRC going to be doubling/tripling skilled workforce more than they have now (currently slightly above parity with US), this is already baked in from past 20 years of birth and current tertiary trends. That workforce, the greatest high skill demographic dividend in recorded history, will hang around for another 40+ years. They will have 40-60 years of operating with as much high end talent as OECD combined within a coordinated system. Past 2080, unless they sort out TFR, things could go bad, but for relevant timeframes, i.e. most of our lifetimes, they're going to be peaking.

Re: Canada slashes 100% tariffs on Chinese EVs to 6%

#412
post #23

Good. Carney also remarked our relationship with China is now more predictable with our relationship with the states (wild shade coming from him) just to really make it clear to certain parties why this is happening. Cheaper car options in this country will be nice, and I say this as a certified car hater who's yet to own one despite pushing 40.

[flagged]

"sends money" doing a lot of lifting here

Re: Canada slashes 100% tariffs on Chinese EVs to 6%

#413
post #305

Earlier quoted context omitted.

No. The reason $49.95 works because $4x.xx price on first look looks better than $5x.xx price ($50.00).

My wife falls into that trap

I once had someone at a store ask me what something cost, and then got a blank stare back when I said "$90". I had to 'correct' myself and say "$89.99". We all live in very different worlds.

Re: Canada slashes 100% tariffs on Chinese EVs to 6%

#414
post #338

Earlier quoted context omitted.

I live in a bubble in Calgary, and am from Montreal originally. Despite that, I saw lines of people waiting to sign petitions for separation in smaller cities. People who were happy to have their photos taken while they are signing petitions for separation from Canada. There are some cultural factors in Alberta which draw it closer to the US than to Ontario and Quebec. Libertarianism, pro-fossil fuels, differences wr…

separation != joining the US There is small but loud group of chronic whiners who hate everything (often including each other) pushing the former. Almost nobody is pushing the latter.

That might be the rhetoric, but separation means joining the US. The experience of landlocked country would be one of getting taken advantage of by every country around it.

There is a good 20% of people in Alberta who would vote for separation today. Take a close look, they aren't voting to be an independent country surrounded by a hostile country around it and a superpower that hijacks oil tankers to the south.

https://www.cbc.ca/news/canada/edmonton/red-deer-alberta-ind...

It is a stupid idea because the level of changes that would have to happen to everything would be much, much more than people realize. But Brexit has shown us that people will vote for stupid things if they are sold by trusted-but-dishonest actors

Re: Canada slashes 100% tariffs on Chinese EVs to 6%

#415

Earlier quoted context omitted.

As an American I'm rooting for everyone else these days. Good for Canada. I hope the EU builds stronger trade with China too and America gets left in the cold to whither and die. Trump, Vance, Miller, Noem, Musk, Bezos all of them just forgotten about and completely irrelevant to the rest of the world.

You realize there are a lot people (who aren't in the administration and didn't vote for them) that would be significantly hurt if all that happened. These people are your family, your friends, your neighbors, your coworkers. You hate Trump so much that you'd prefer to see all those people suffer than have him succeed? I strongly disagree with most of what Trump says and does, but I can't root for an outcome that wou…

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Re: Canada slashes 100% tariffs on Chinese EVs to 6%

#416

Earlier quoted context omitted.

The exports argument is so bloated. US has thrived economically for 5 decades after becoming an import economy. This whole export/import balance is such a lame reasoning...yes you've spent a certain amount of $...and got plenty of stuff in exchange. In the words of some economist I've read "by Trump's reasoning my barber is also taking advantage of me because I cut my hair every month and he never buys anything from…

The trade balance as a number shouldn't matter, but offshoring critical manufacturing capability and production ecosystems does. China has at least 2 key advantages in manufacturing -- cheaper labor and laxer regulations. If the US were to embrace and extend robotics and automation more vigorously that first point could become moot. Also the second point as far as labor regulations go, and if environmental regulation…

1. The US industrial output has been growing for decades[1]. US manufacturing is doing very well, it's US manufacturing jobs that aren't due to automation.

2. Manufacturing as % of the population has long been declining globally including China. Labor cost is a very minor expense in modern manufacturing unless we talking something like clothing. I don't think Americans miss the millions of jobs they had 60 years ago sewing shoes.

3. Car industry isn't critical manufacturing capability by any means. I can understand ships, or steel or even chips, but cars?

[1] https://www.macrotrends.net/global-metrics/countries/usa/uni...

Re: Canada slashes 100% tariffs on Chinese EVs to 6%

#417
post #355

Earlier quoted context omitted.

> Also - There aren't many more things that are more toxic in Canada politics than Trump and Annexation. He single handedly handed the Federal election to the Liberals - it was the Conservatives who were going to win until he but his thumb on the scale. Watching these discussions from the outside are statistics like four in ten (43%) Canadians age 18-34 would vote to be American if citizenship and conversion of asset…

Same poll: 77-87% of Canadians would never vote to part of the USA. Thats a pretty staggeringly high hurdle rate to get a population to acquiesce.

You are thinking about this in terms of today. To put it in perspective, the same question polled 17% in the 55+ age group. Canada has serious generational problems, and as the boomers die the number of Canadians who vote that way naturally declines.

Re: Canada slashes 100% tariffs on Chinese EVs to 6%

#418

This feels like a poor long-term play for a short term political win. Canada has a robust automotive supply industry to US auto manufacturers, and this industry could be in long-term risk in an attempt to hurt relations with freer, traditionally more conservative nations. It’s not a shock but it is always disappointing to see major political decisions made for the benefit of the next election cycle.

The message here is that western Canadian agricultural & energy interests are of potential more strategic value than a dying technically backwards auto sector led by three moribund regressive manufacturers who have shown their willingness to show their belly to Trump anyways.

As an Ontarian, I'm saddened. But I don't think the Big3 deserve anymore state support. They've pushed it too far.

Just earlier this week they were running editorials against the gov't on EV mandates. Again. Ok, here you go. Don't want to make EVs? Only want to sell giant Canyoneros?

It's ok. China will service that market. Have fun becoming irrelevant. If consumers really don't want EVs, like they said earlier in the week, then there's nothing to fear. Right? Right?

Re: Canada slashes 100% tariffs on Chinese EVs to 6%

#419

Earlier quoted context omitted.

It's not bad analysis, I upvoted you, but what you're forgetting is that nothing ever happens. Venezuela was just typical American meddling, Cuba might happen (I'd bet against it) but neither the Canada nor Greenland thing is going to happen because it would be too dramatic for narrative continuity.

Our official delegation left the Greenland delegation IN TEARS, and we pronounced 'it's happening' afterwards. These aren't shit posters on Twitter, these are our officials and our President ACTIVELY working to take over Greenland.

If Greenland was happening, what's taking them so long? The military could take it without a fight tonight, or last month for that matter.

They want it, but can't take it because it would be too shocking for the public (aka violating narrative continuity.) If they can prepare the public to accept it then it might happen, but most magas I talk to treat it like a joke, trolling the Europeans to make them invest in defense or something. I don't think the American public earnestly believes it will happen, and for that reason I think it won't happen.

Time may prove me wrong, we'll all find out eventually.

Re: Canada slashes 100% tariffs on Chinese EVs to 6%

#420
post #234

Earlier quoted context omitted.

That's basically it. The Chinese government views the rest of the world through Hobbesian self interest, but in the late 20th century financial way. They want your money, but lawfully. The US has turned into something much more vindictive and unpredictable, including threatening to invade Canada.

Lawfully? How many IPs have they stolen from universities and companies across the world?

"stolen" should not be used in conjunction with IP, "infringed" if you like.

To steal is to deny the original owner access to their property. That is true for physical objects, if I steal your wallet or your car you no longer have it.

But if I illegally copy some of your IP you still have access to it. Sure you may experience some financial prejudice from that but you still have it.

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