11-28-2024, 01:41 PM | #1861 | |
Foot Elite
Join Date: Jan 2012
Location: London, England
Posts: 3,326
|
Quote:
Canada is the largest supplier of crude oil to the U.S. with more than 3.8 million barrels per day, or 60 percent of U.S. crude oil imports, coming from its northern neighbour. Although the U.S. produces large quantities of crude oil every day, it makes more economic sense to import it. Crude oil produced in the U.S. is considered “light” compared to the “heavy” oil produced in Canada and the Middle East. This means the U.S. relies on imports for “heavy” oil. Importing from Canada, which is close by and doesn’t require as much transportation as other countries such as those in the Middle East, makes it more accessible. Mexico is the largest exporter of vehicles, vehicle parts and vehicle accessories to the U.S. than any other country making up 27 percent of all imports from Mexico. Importing auto parts abroad and then assembling them in the U.S. is a cheaper alternative than manufacturing and assembling domestically. Tariffs would increase the cost of most cars, though it's not clear how much. Add to this that Mexico’s largest exports to the U.S. are sugar and sweeteners. The U.S. spends more than $700 million importing sugar directly from Mexico. More than 445,000 metric tons of sugar were imported to U.S. ports from Mexico between October 2023 and September 2024. The U.S. spends more than $20 billion annually importing horticultural agricultural products from Canada and Mexico. Tomatoes, avocados, peppers, strawberries, lemons, limes, broccoli, cauliflower and so much more produce is imported into the U.S. from Mexico. Canada supplies the U.S. with mushrooms, potatoes and more. And haven't even gotten onto raw materials such as wood, plastics and metals.
__________________
Lie with passion and be forever damned... |
|
11-28-2024, 02:14 PM | #1862 | |
Overlord
Join Date: Jan 2004
Posts: 14,422
|
Quote:
|
|
11-28-2024, 02:38 PM | #1863 | |
Big Blue Boy Scout
Join Date: Mar 2016
Location: New Bark Town
Posts: 4,716
|
Let's keep this thread going until the 2028 election then rename it.
And so on, so forth.
__________________
Quote:
|
|
11-28-2024, 03:22 PM | #1864 |
Mad Scientist
Join Date: Jun 2014
Location: pekin,IL
Posts: 1,754
|
Mr. Musk wants to get rid of the Consumer Protection Agency too.
__________________
congratulations on Alopex and Mona Lisa tying for first this year. "If the sun comes up tomorrow, it is only because of men of good will. That is all there is between us and the devil." Kenny O'Donnell https://www.deviantart.com/lonewarrior20 my fan comic/episodes of the lost season, weird ideas and my collection pics |
11-28-2024, 06:55 PM | #1865 |
Overlord
Join Date: Dec 2004
Posts: 41,651
|
People will have to buy less of everything if these tariffs go into effect.
|
11-28-2024, 07:01 PM | #1866 |
Team Blue Boy
Join Date: Jun 2014
Location: U.S., East Coast
Posts: 15,594
|
The future... stuff from China is more expensive, and the amount of lead, etc in it much more overlooked.
|
11-28-2024, 07:07 PM | #1867 |
Hench Mutant
Join Date: Sep 2014
Location: Perth, Australia
Posts: 320
|
YEs, but eggs will be cheaper.
__________________
You take the ugly one! No, you take the ugly one! I'll take the ugly one! Which one's the ugly one? |
11-28-2024, 07:49 PM | #1868 |
Team Blue Boy
Join Date: Jun 2014
Location: U.S., East Coast
Posts: 15,594
|
Lead eggs, via lead chicken feed.
|
11-29-2024, 03:21 AM | #1869 |
Foot Elite
Join Date: Jan 2012
Location: London, England
Posts: 3,326
|
I saw someone on Twitter post that their daughter will be tracking the local price of eggs daily once Trump is in office to alert people if the prices (as expected) actually creep upwards...
__________________
Lie with passion and be forever damned... |
11-29-2024, 12:04 PM | #1870 |
Overlord
Join Date: Jan 2004
Posts: 14,422
|
To be fair, that would have happened with Kamala in office. Tarrifs or not, prices just go up. And they stay up. I never seen cases where prices went up 'for the time being" then went back down after the cause ended. My grocery bills have only gone up.
|
11-29-2024, 12:48 PM | #1871 |
White & Proud
Join Date: Feb 2005
Location: Tokio, Italy
Posts: 10,006
|
if only there were a member in the technodrome who were an economist that understood macroeconomics & micro finances..
|
Thread Tools | |
Display Modes | |
|
|