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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: OrmontUS   😊 😞
Number: of 4460 
Subject: Re: Canada May Remove 100%Tariff On Chinese Made EVs
Date: 10/30/25 5:52 PM
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The additional tariff was intended to support the US, which also imposed a 100 percent additional tariff on Chinese cars to protect the US auto industry.

This is clearly a case of "Canada First", as there is little reason to take China's retaliation to protect US interests at the time that the US is being aggressive towards Canada (both in trade and sovereignty).

There are also plans for Carney to visit the Hanwha Ocean submarine manufacturing facility. Canada is considering awarding a multi-billion-dollar contract to the Korean company while also exploring a bid by Thyssenkrupp Marine Systems backed by Germany and Norway. Defense ministers from those two nations traveled to Ottawa recently to make their case to Carney and Canadian officials. A nation just south of Canada also manufacturers submarines, but for some reason, Canada is not looking to source its new boats from that country.

Canada is making it clear that, despite the US thinking of it as an appendage (a 51st state some might say), they are a separate entity who will no longer be taken for granted as making decisions which favor the US more than Canada.

Jeff
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