Reminder, US auto factories moved to to avoid Canadian tariffs

[rawimpact]

Remember, prior to 1965 Canada imposed a 35% tariff on US vehicles to bring manufacturing to Canada.

The results? Auto manufacturing growth in Canada

The US responded with pact for equal trade but the damage was done; those plants were still operating until the most recent tariff which has put all 4,500 middle-class workers there in intermittent shutdowns

What's the point? US needs to have these manufacturers in the USA with ample steel production should war EVER break out. History has shown these plants are required for US security.

[diamenz]

is the trump administration's tariff strategy long term in an attempt to bring back manufacturing or is it only for the short term to get a few 'wins' and 'deals' here and there on certain imports? and what particular imports? bubblegum? this hasn't been made clear.

if it is long term, wouldn't targeted tariffs make more sense? because there's certainly an argument that can be made for them and the ones implemented during trump's first term were indeed beneficial as I understand it. but these blanket tariffs as they're bring used now only make sense as a short term threat and bullying tactic against weaker, more fragile economies which may or may not have any significant benefit. or am I wrong? I'm not well versed on all of this.

[TheMan]

is the trump administration's tariff strategy long term in an attempt to bring back manufacturing or is it only for the short term to get a few 'wins' and 'deals' here and there on certain imports? and what particular imports? bubblegum? this hasn't been made clear.

if it is long term, wouldn't targeted tariffs make more sense? because there's certainly an argument that can be made for them and the ones implemented during trump's first term were indeed beneficial as I understand it. but these blanket tariffs as they're bring used now only make sense as a short term threat and bullying tactic against weaker, more fragile economies which may or may not have any significant benefit. or am I wrong? I'm not well versed on all of this.

Don't worry, apparently neither is Trump nor his advisors, their moves have had economists scratching their heads...5D chess though