https://economictimes.indiatimes.com/news/international/business/general-motors-plans-c1-1-billion-canada-auto-investment-amid-us-tariff-pressure/articleshow/133622239.cmsGeneral Motors plans to assemble a heavy-duty pickup at an Ontario plant as part of a tentative deal with a key union that would pump C$1.1 billion ($791.31 million) into Canada's auto sector as it reels from U.S. tariffs, a union bargaining report said on Saturday.The investment comes as Canada's auto sector grapples with 25% U.S. tariffs on vehicles, with President Donald Trump pledging to double them to 50% on January 1, 2027. The fate of Canadian auto plants has emerged as a central issue in stalled U.S.-Canada trade negotiations.The deal is contingent on approval from workers who are voting on Saturday and Sunday. Both Unifor and GM's Canadian division declined comment during the vote.The C$1.1 billion investment includes a C$691 million commitment to support production of new V8 engines in Ontario that was previously announced in April, the report said.U.S. President Donald Trump, who has clashed with Ontario Premier Doug Ford in recent days, has also said he will increase tariffs on all Canadian cars and trucks, automotive parts and steel to 50% starting January 1, 2027.
>>1533317Autos are a key part of talks between the United States and its northern neighbor to reduce U.S. tariffs on Canadian-produced vehicles. Negotiations ended last week over unresolved issues, such as whether to cut duties on medium- and heavy-duty vehicles that are critical for Canadian factories.Canada has said it cannot accept a trade deal with the U.S. unless the agreement ensures the survival of a robust Canadian auto assembly and parts industry.United States Commerce Secretary Howard Lutnick has said Canadian negotiators only raised demands to include medium-and heavy-duty trucks on Friday at 4 p.m. just ahead of a deadline for securing a deal.The tentative deal with Unifor would invest C$215 million to assemble a new generation transmission at a separate factory in St. Catherines, Ontario, starting in late 2029.
>>1533317This is basically sedition. In my household we only use beautiful clean lithium which is why the only truck of red WHITE and blue Americans is the cyber truck
>Americans is the cyber truck>Elon Musk had a Tesla battery Gigafactory built in China for the bargain price of Xitter being denied the right to exist in that country>NVidia investing heavily in a communist country: Vietnam>miggers support a so-called 'president' that is supposed to be 'America First' which has diplomatic relations and trade with a communist country, just as a South African immingrant needs China to make batteries for his cybertrucks driven by supposedly 'red white and blue patriots' to 'own the libs': by driving electric vehiclesIt's not only rightards' wrong opinions that are sedition, but also not only a self-own by esl shill miggers.
>>1533323Poojection, Pajmeet.
Says the projecting esl shill 1533326 that will never be American, but is a H1B foreigner. Proof:>Poo1533326 is a coprophiliac, thus the self-owning non-American esl shill displays its vile & unsanitary perversions.
GM isn't the smartest bunch aroudn but they are smarter than that chucklehead in the White House. It's a low bar. GM at least knows how to adapt and making money, unlike some people
Betrayal. They ought to be building those factories in America. They know Canada is a hostile nation now and they still rush to appease them. Hopefully President Trump stops this. I'll not buy another GM product until they bring those factories home
>>1533341>They ought to be building those factories in America.They can't. They need imports we tariffed. It is literally better for them to make factories elsewhere than deal with the tariff selling them to America than it is to make factories in America and deal with the import tariffs on all the materials they need, not to mention the export tariffs we have from retaliation anyway.
>>1533342If that's the case then President Trump will just have to do something about it. You don't get to betray America and shirk your duties to this country under this President. American companies need to make the sacrifice and support American manufacturing as our President has ordered or they will face consequences
>>1533343Yeah please, start punishing companies for not just eating losses because Trump said so. I'm sure this won't fuck our manufacturing industry even more than these tariffs already have.
>>1533344Fake news. they're making plenty of money, Trump is merely asking them to make a tiny bit less until Trump finishes saving America's economy and they start raking in the cash. Short term pain for long term gain is this administrations motto. And since when do communist liggerals care about corporate profits? LMAO. Suddenly muh shareholders matter when it comes to using it to attack our President? Hypocrisy
esl shill thinks he's debating
>>1533345The communists don't really exist outside of your head and that's why those people actually do care about profits.
>>1533347Mamdani, AOC, Talerico, Sayed, Sanders and that Somali Muslim whore are all self admitted communists
Betrayal. Musk built a Tesla battery Gigafactory in China. Rightards are hostile and they still rush to appease Elon the immigrant South African traitor by buying & driving cybertrucks - supposedly to 'own the libs': by driving electric vehicles - powered by Chinese-made batteries with Chinese-sourced lithium. Hopefully a Democrat administration - after the billionaire-loving Trump is stopped in the midterms - forces Tesla to be a completely US company employing American-born citizens. Real patriots should never buy another Tesla product until they make those factories completely American.The fake president that is Trump and the non-American esl shill 1533341 1533343 1533345need to be (metaphorically) politically sacrificed for the crime of existing.And since when does 1533345 the liggy miggy piggy esl shill think caring about a president that cares about US company NVidia heavily investing in Vietnam: a communist country isn't hypocrisy by all parties concerned? Trump will never care about you nor be concerned about you, esl shill 1533345. Just ask Milo Yiannopoulos and Andrew & Tristan Tate.
1533350>communists>Mamdani'Mamdani is a very rational man' - Trump>US company NVidia investing heavily in a communist country: VietnamIn Soviet America, Trump cares more about communists than you, 1533350.
>>1533351All data I've seen indicates that Republicans are going to win the midterms.
>>1533317Is Trump going to throw a hissy-fit?!
>>15333541533353 is throwing a hissy fit in while in a certain river in Egypt when reality indicates that the Democrats will win the midterms.
>>1533353>All data I've seen indicates that Republicans are going to win the midterms.Where? They keep losing even in over +10 Trump districts.
1533353>b-b-but my precious Republicans will win the midterms because I say so!I'll screencap this thread so I can use your own 'fanfic' today to more than destroy your wrong opinions in early November, esl shill.
>>1533357Non-woke, non-MSM media. Theyve become the only voice of truth in this country.
>>1533357So-called 'Truth' is lies. Just ask the lying esl shill:>>1529518>>1529639Rightard liars such as 1533359 never had the right to be listened to in the first place.'Truth' is Lies. That's why I only accept Facts & Reality. Not that spewed by rightard liars.>The Odyssey making over $1 billionThat which liars refer to as 'Woke' - and makes them seethe - is more than infinitely superior in every way imaginable. By being triggered by such, they prove they have already lost the 'Culture War'.
>>1533359Such as?
>>1533358Screen grabbing this to show proof that you're already trying to rig the election. Because if Rs lose it's because it was stolen... that's the only possible explanation.
Just a mere screengrab in a backwater part of the internet can influence an election? Good to know that such a simple & innocuous process can have such a world-changing effect.>Because if Rs lose>stolenhttps://www.wsj.com/politics/elections/trump-cries-election-fraud-in-court-his-lawyers-dont-11605271267As King Leonidas would say in his Laconically Witty way, ' If. '
>>1533361Its going to look like a partisan list of news sources that were founded specifically to spread oligarch lies, but don't be fooled: It'll be a partisan list of news sources that were founded specifically to spread oligarch lies
>>1533350>doesn't know the difference between a democratic socialist and a communistYou shouldn't be allowed to post on this board.
>>1533363Is this fuckass King Leonidas bit an AI tell?
>b-b-but as you disagree with my opinions, you're an 'AI' because I say so!1533367 needing to accuse others of being an AI speaks volumes about the projecting esl shill>inb4 "Is this fuckass 'esl shill' bit an AI tell?"You always claim you filter out posts with 'esl shill' in them, yet you don't, as your mentally retarded need to reply to such proves. And an actual AI wouldn't behave the way the esl shill does in /news/, so 1533367 the esl shill is inferior to an AI, certainly a human, behavior-wise.
our local troll would be more effective if xe stopped using "liggeral" in every post.
>>1533368I don't even disagree with you, it's just you use the exact same fucking copypasta everywhere and its getting annoying. Calling out esl shill is fun but you're either also a shill or an outright bot.
>>1533366America has been shifted so far to the right by the conservatively controlled media where anything that helps people over the billionaire class is now communism. You should have seen the massive meltdown by rightoid media over Mandami actually dealing with the trash problem in NYC to the point they started to try and gaslight people that trash on the side walk was part of NYC's charm.
>>1533369And 1533370 would be an actual human being if xe stopped giving everyone the justifiable reason to call the lolcow of /news/ an esl shill.
>>1533370>Calling out esl shill is fun but you're either also a shill or an outright bot.NTA but counterpoint: Fuck youESL shill needs to be bullied into suicide or exile
>>1533373hey I just hate seeing this board degenerate into bot vs bot where any attempts at conversation get drowned out by the two schizos fighting.
>>1533375>degenerate into???You're either esl shill whining or a tourist, because /news/ had to be something other than what it is now to degenerate into this. You can't have a conversation about anything because ESL shill is a terminally online schizo Have a real conversation with someone on this board before you waste more time trying to fuck up a system thats apparently working for everyone
>>1533376>/news/ had to be something other than what it is now to degenerate into this.True but it feels like it's been getting worse.
>>1533377Of course it has, its never going to get better. You basically have 2 options: 1. Filter 'ESL shill' and the L word they spam and try to have conversations with the 10% of posts that don't get filtered2. Join us in bullying ESL shill into suicide or exile
>>1533378You can't bully a bot/paid shill into leaving or killing himself is the problem.
>>1533377>>1533378Our resident schizo poster is a terminally ill cripple. It's only a matter of time.
>>1533326my daughter will get job in plant, American untouchable. he will have many children, and they will live in the future of provinces of America!
Give us a place to stand, and a place to grow,And call this land Ontario!A place to live for you and me,With hopes as high as the tallest tree!Give us a land of lakes, and a land of snow,And we will build Ontario!A place to stand, a place to grow,Ontari-ari-ari-o!
>>1533317Even without the tariffs and fascism, this just makes sense. Companies like consistency, and Trump’s anything but. Nobody wants their business under constant threat of government action because the president didn’t sleep well last night.
>>1533452Then why not build in the US?
>>1533459Because Trump will radically change the price of manufacturing at the drop of a hat by tariffing all imports from a county because the leader said something he didn't like on twitter that evening. Manufacturing needs imports; the US can't supply everything and Trump's trade policy shifts weekly and depending on his current mood, so building here will usually wind up costing more than it would to build somewhere else and eat the tariffs selling in the US. And even if it didn't, Trump's tendency to throw tariffs at whatever he doesn't like means there's no guarantee it would stay that way even within the short term.
>>1533461>Build the whole product overseas >So you get a bigger markup via because you now include the value added >Instead of paying only on the cheaper subcomponents Your finances must be a fucking disaster.
>>1533463>I'm talking about paying the tariffs on the goods. Edited my post and fucked it up.
>>1533463Yeah no. Here's how it works>Build product in the US>Total extra you have to pay on import tariffs for materials and components is higher than if you just built somewhere else and had to deal with the import tariffs on the whole thingReminder: if you have to pay 20% more for even half the individual parts of say, a car, it's going to cost more than just the car costing 20% more. This is a pretty universal principle; it's almost always cheaper to buy something from a factory than it is to buy all the individual parts to build it yourself.
>>1533466Is this bait? The higher the value of the product, the greater the tariff. You've completely inversed the entire economic argument for tariffs.
>>1533468>The higher the value of the product, the greater the tariff.That's not the only factor. It is effectively impossible to make a car in the US that is 100% US materials; any car manufacturing would require imports. Imports that are tariffed under Trump's universal tariffs, thus increasing the price of manufacturing in the US. Now, factor in retaliatory tariffs and that Trump is also the only one doing this, the question basically becomes:>Would you rather make cars in America and pay extra to sell them everywhere else, or would you rather make cars elsewhere and only pay extra to sell them in America?And the answer to that should be fucking obvious; the US is a massive market but it's not the only one. Add on the fact companies can't even commit to the tariffs prices because they are changing CONSTANTLY and no wonder no one wants to manufacture in the US right now.
>>15334731. US is the biggest consumer market in the world. 2. It's cheaper to import parts into the US and build the car there than import the car and pay tariffs on the car. Because the car is worth more than it's individual components. The deal to build the plant in Canada predates trump. You're spazzing over nothing.
>>1533473>the US is a massive market but it's not the only oneAmericans have shown that they're willing to pay the extra cost, but other countries don't have that level of retardation.Its not the best option to entirely cut off the US, but its becoming an easier choice every day. People figured out Trump is a pussy and you can make him roll over easy, why not abuse him?
>>1533474>It's cheaper to import parts into the US and build the car there than import the car and pay tariffs on the car. Because the car is worth more than it's individual components.But manufacturing costs more to set up here and Trump's tariff policies are constantly being striked down or changed based on his mood. It makes no sense to spend billions on a factory in the US when how profitable it is changes almost monthly. And no matter what happens, cost goes up because you cannot 100% source local materials in the US.
>>1533317traitors all of them TRAITORS!!!tariff GM 50% tariff for every car and parts produced outside the country.100% tariff for all revenue from foreign countries
>>1533475>Well just cut off the biggest consumer market in the world Good luck with that. >>1533477Again, it's cheaper to pay tariffs on components than it is to pay tariffs on the final product. And the deal OP is talking about predates tariffs. Yet again you've started spiraling about Trump for no apparent reason.
>>1533475liberals fucked canada when they refused germany and japan's oil deal because the party is ran by environmental hypocritical ghouls.every month BRICS is looking more and more appealing, problem is canada's fucked due to its geolocation.
>>1533479>uh, if I cope and narrow it down to one line item, it looks goodIt doesn't matter when you lose the savings paying higher wages in the US. Trump keeps raising Tariffs too. Its easier just to cut the deadweight out
>>1533479>Again, it's cheaper to pay tariffs on components than it is to pay tariffs on the final product.But not cheaper to make factories in the US that then have to pay massive tariffs on imports and can't sell outside the US.
>>1533459I just said why.
>>1533481>Liberals We call them liggerals here.
>>1533489>WeShould get that DID looked at, m8.
>>1533489Stop trying to make fetch happen.
>>1533491>>1533497Just filter it and move on
>>1533498I mean, if you simply filter the word "liggeral", about 20% of all posts on /news/ just disappear. If you expand it to "shill", you lose another 10%.
>>1533508lol 90% of the posts disappear if you filter "esl".And why would anyone filter liggeral? Are you that butthurt?
guess who's projecting again
Guess whose being a butthurt little ligtranny again
