"I deal with every country, indirectly or directly. One of the nastiest countries to deal with is Canada," Trump said.
  • CaptnNMorgan@lemmy.world
    09·
    17 hours ago

    it might not make a difference to the Canadian economy, but buying cars from American companies still boost theirs.

    • 60d@lemmy.caEnglish
      4·
      16 hours ago

      Not at all! They contribute nothing to the American economy except inflation.

      • CaptnNMorgan@lemmy.world
        04·
        13 hours ago

        That makes zero sense. How do they benefit by selling and manufacturing cars in other countries, if not by making money?

        • 60d@lemmy.caEnglish
          1·
          12 hours ago

          Weird, right? So people make money while working for Ford, for example.

          Ford the automaker gets paid and makes “profit” in Murca.

          Profit goes to the 1%. The 1% contributes nothing to the economy by dodging taxes and securing a greater share of the overall wallet in Murca.

          This causes inflation because there’s less money circulating. Huh. It’s almost like the profits do nothing, despite what Reagan told you.

            • 60d@lemmy.caEnglish
              1·
              37 minutes ago

              It’s bad, but it’s such a small slice of the pie, and accomplishes nothing except the accumulation of wealth at the top 1% who contribute nothing to the society they’re in.

              Of course it would be slightly better if we had wholly Canadian-owned auto makers but I’m pointing out that it’s not much better. Ford Canada is already a thing. Honda Canada is already a thing.