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re: BMW "not budging" on Mexican plant

Posted on 1/16/17 at 3:08 pm to
Posted by joshnorris14
Florida
Member since Jan 2009
45385 posts
Posted on 1/16/17 at 3:08 pm to
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 by AbuTheMonkey
Chicago, IL
Member since May 2014
8037 posts
Posted on 1/16/17 at 3:10 pm to
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 by Iowa Golfer
Heaven
Member since Dec 2013
10248 posts
Posted on 1/16/17 at 3:22 pm to
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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