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Nearly two-thirds of Canadians support tariff on Chinese-made EVs, poll finds
(www.theglobeandmail.com)
this post was submitted on 08 Sep 2024
59 points (98.4% liked)
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People don't understand tariffs.
Gotta protect all those Canadian car manufacturers like...like uhhh...Might-E Truck
Might-E Trucks are pretty awesome, but I'm definitely not going to be commuting on the TCH in one.
Too many people watching Donald Trump on TV. No matter what your politics, he has done just catastrophic damage to how people think tariffs work, who pays for them ( like actually pays the money directly ), and whose economy gets hurt as a result.
What's horrible is that Trump's misunderstanding of how tariffs work is only forgotten by how much he doesn't understand about how viruses and vaccines and health policy works.
Had it not been for the pandemic, he was well on his way to crashing the global economy, between the reckless tax cuts, deregulation and slapdash tariffs. Ironically, the stimulus spending necessitated by the pandemic probably saved him--and all of us--from the second great depression.
Or subsidized industries.