• ShaggySnacks@lemmy.myserv.one
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    7 days ago

    I take one issue with this article.

    The supply chains that we’ve evolved—where some parts are made in Canada and some in the US—exist for a reason. They keep costs down for everybody and help produce commodities for the Canadian and American public at the lowest possible price.

    It keeps the price down for companies just not the consumers. I imagine if you look at certain sectors, there is only a handful companies that control the majority of the market. These companies control the prices for the entire market.

    The rest I agree with, Trumpie’s tariffs and economic policy is going to drag everyone into a recession and cause major upheaval.

  • veee@lemmy.ca
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    7 days ago

    I talked about the difficulty of unscrambling our US supply chains, but the reality is we can’t just transpose all that trade overnight—and say, all right, we’re now going to redirect that volume to France, England, South Korea, and Japan. It doesn’t work like that. We need to build that capacity up, and that takes time. It will also literally require physical infrastructure like the Roberts Bank Terminal 2 at the Port of Vancouver or Contrecoeur at the Port of Montreal. These projects have been in the works for over a decade but are only now clearing permitting hurdles. There’s still a number of regulatory steps before construction can even start.

    Emphasis mine. This sounds like administrative hell.

    • GreyEyedGhost@lemmy.ca
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      7 days ago

      Yeah, anyone who thought this was something that could change course in six months is just delusional. It’s going to hurt, but actually having less reliance on a single trading partner is good for national security.