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re: BMW "not budging" on Mexican plant
Posted on 1/16/17 at 3:08 pm to AbuTheMonkey
Posted on 1/16/17 at 3:08 pm to AbuTheMonkey
quote:
Do you think that's going to be different with Trump?
Yes
quote:
Not really. Companies don't make strategic decisions like that on a whim.
Carrier was in the middle of building their Mexican plant. You think they seriously were planning to abandon their plans midway?
quote:
Again, what happens to our agricultural sector?
Nothing, there aren't going to be any significant tariffs
Posted on 1/16/17 at 3:10 pm to joshnorris14
quote:
quote:
Not really. Companies don't make strategic decisions like that on a whim.
Carrier was in the middle of building their Mexican plant. You think they seriously were planning to abandon their plans midway?
Oh, yes, 700 jobs saved in which the governor of the state had to personally step in and make it happen.
If you think that sort of thing is going to occur in a labor force turnover as rapid as ours among tens of millions of workers, you're delusional.
Not going to be any tariffs on agricultural, oh? If we start slapping them on auto manufacturing, I promise you that you'll start seeing them on agricultural exports. Do you know who the equivalent of a Trump voter is in Mexico? The sector that's been killed by NAFTA and is now in populist revolt?
Farmers.
This post was edited on 1/16/17 at 3:12 pm
Posted on 1/16/17 at 3:22 pm to joshnorris14
quote:
quote: Again, what happens to our agricultural sector? Nothing, there aren't going to be any significant tariffs
We have subsidised ag. That is a tariff like policy. Or a policy that has some resultant consequences that are similar to what some other tariffs, unilateral and otherwise have.
We prop up prices and demand, others prop up labor, and artificially lower prices.
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