vastard@lemmynsfw.com to Canada@lemmy.ca · 13 days agoTrump promises 25% tariffs on steel and aluminum imports — including from Canadawww.cbc.caexternal-linkmessage-square46fedilinkarrow-up11arrow-down10cross-posted to: canada@lemmy.ca
arrow-up11arrow-down1external-linkTrump promises 25% tariffs on steel and aluminum imports — including from Canadawww.cbc.cavastard@lemmynsfw.com to Canada@lemmy.ca · 13 days agomessage-square46fedilinkcross-posted to: canada@lemmy.ca
minus-squarexmunk@sh.itjust.workslinkfedilinkarrow-up0·13 days agoYou’re correct that they will be hit by the tariffs but they won’t be hit by it multiple times. Most other car manufacturers have intermediate part production in Canada so they can end up paying tariffs again and again on the same part.
minus-squareLeFantome@programming.devlinkfedilinkarrow-up0·12 days agoWhat is steel and aluminum in terms of attracting tariffs? Are finished parts still considered steel?
You’re correct that they will be hit by the tariffs but they won’t be hit by it multiple times. Most other car manufacturers have intermediate part production in Canada so they can end up paying tariffs again and again on the same part.
What is steel and aluminum in terms of attracting tariffs? Are finished parts still considered steel?