Funny how Canada used Tariffs......“There’s so much commitment to building the Canadian future; it is so incredibly optimistic here,” she added, “and I didn’t feel a lot of that in the United States.”
Unlike the American system that has stripped wealth and optimism from our youth all the way through our middle class....Dems had a huge hand in destroying the American dream. We gave it away........
In the 60s Canada couldn't manufacturer their own cars profitably and needed industry.......They imposed tariffs to make the american cars more expensive but more importantly it was to gain manufacturing for their own people....It was only the beginning of using American industry to bring wealth to Canadians and Canada...
When you have a vibrant and equal economy people thrive and continually look towards the future, in turn, take away opportunity and the wealth for the many.......................................
That was in 2018..........Things are much worse now and it was their generation that was first to feel American decline...
Now our youngest, the genZers are asking wtf,
Things have to come back to balance here....Be it the current bunch who won on drastic change or the old bunch who I'm afraid don't get it, much rather admit their hand in the great giveaway, which provides little hope they will break the corporate bonds that bind them.....
Glad to know the Canadians are prospering and optimistic ;) I remember those days well in America...Question is why isn't Canada outsourcing their Jobs ? Lol..... Maybe the very last paragraph here speaks to that...
You know what Canadians really did ? Imposed tariffs because the cars they manufactured didn't sell..... They were quite happy to impose those tariffs so American cars could be made and sold there. Then protected the ones who prospered from it............ That gives hope from one generation to the next that they have a bright future...
Never fear however, the US will get back that, one way or the other.....
During the years before the Canada—United States Automotive Products Agreement was in place, a series of tariffs were imposed on cars, trucks, buses, tires, and automotive parts which moved between Canada and the United States. The automotive industry in Canada was highly segregated from the automotive industry in the United States: only three percent of vehicles sold in Canada were made in the United States, but most of the parts were manufactured in the U.S. and overall Canada was in a large trade deficit with the United States in the automobile sector.
The imposition of the tariffs led American automobile companies to produce models of cars specifically for sale in Canada, assembled at branch plants there. Although these models were sold under different names, they were similar to the American models, but with cosmetic changes in design.[3][4]
The signing of the agreement in 1965 removed the tariffs between the two countries. In exchange, the Big Three car makers (General Motors, Ford, and Chrysler) and later Volvo agreed that automobile production in Canada would not fall below 1964 levels and that they would ensure the same production-sales ratio in Canada.[5][6] The two stated goals of the Auto Pact were to reduce production costs in Canada through more efficient production of a smaller range of vehicles and components, and to lower vehicle prices for consumers.[7]
After the signing of the Pact, far fewer models of cars were produced in Canada; instead, larger branch plants producing only one model for all of North America were constructed.[8] In 1964, only seven percent of vehicles made in Canada were sent south of the border, but by 1968, the figure was sixty percent.[9] By the same date, forty percent of cars purchased in Canada were made in the United States. Automobile and parts production soon surpassed pulp and paper to become Canada's largest industry. From 1965 to 1982, Canada's total automotive trade deficit with the U.S. was $12.1 billion; this combined a surplus of around $28 billion worth of assembled vehicles and a deficit of around $40.5 billion in auto parts.[7]
The agreement resulted in lowered prices and increased production in Canada, creating thousands of jobs and increasing wages. These newly created jobs were highly localised to southern Ontario, with little employment benefit to the rest of Canada. However, approximately one-third of Canada's population resides in southern Ontario as of 2017.[10
(seems the US is now using the same tactic worldwide to bring Back wealth to its own people and communities)
Market Data 
Markets 
AI
