RE: The Official "Damned Trump" Thread: Phase II
April 25, 2025 at 4:05 am
(This post was last modified: April 25, 2025 at 4:06 am by BrianSoddingBoru4.)
When Tariffs Backfire
Essentially, Subarus built in the US and sold in Canada will now be built in Japan and sold in Canada, bypassing Trump's 25% tariffs. Canada wins, Japan wins, the US loses.
'I know what the hell I'm doing!' - Donald J. Trump
Boru
Quote:President Donald Trump's tariffs just cost America a chunk of Canadian business.
Subaru, which sold 68,043 cars in Canada in 2024, is reshuffling its supply chain in response to escalating car trade scuffles.
The company sold over 17,700 American-built vehicles in Canada last year, making up 26 percent of its 2024 sales.
But the Japanese automaker’s Canadian division will slash US imports to just 10 percent by the 2026 model year, representing thousands of cars and millions of dollars lost.
Essentially, Subarus built in the US and sold in Canada will now be built in Japan and sold in Canada, bypassing Trump's 25% tariffs. Canada wins, Japan wins, the US loses.
'I know what the hell I'm doing!' - Donald J. Trump
Boru
‘I can’t be having with this.’ - Esmeralda Weatherwax
