• 60d@lemmy.ca
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    1 day ago

    America has been subsidizing Canada

    2024: Canada imports ~$480 billion total from the USA. Divided by 40 million Canadian population, that’s $12,000 for every man, woman, and child spent on American shit.

    USA imports ~$586 billion from Canada. Divided by 400 million population, that’s only $1,465 per capita, and that’s only 1/8th of the amount that Canadians bought from the USA in return.

    ##BUY CANADIAN, BE FAIR!

    You can’t compare apples to apples when one side of the equation has 10 times the population. If we’re trying to be fair, Trumpistan needs to buy 8 times more Canadian shit!

    Tariffs on the Canadian side will be reciprocal and will only serve to make us stop buying Murcan shit, leading to an even bigger Trumped-up deficit and the loss of their biggest, best customer. Likely long-term.

    • forked_bytes@lemm.ee
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      1 day ago

      There’s no point in overanalyzing Trump’s claims, he lies constantly. Regardless of the numbers, buying things is not subsidizing.

      • floofloof@lemmy.caOP
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        1 day ago

        His supporters really believe every word he says. I’ve seen them on this site and others, complaining about how Canada leeches off the USA. If you ask them how, you get silence, because they have no idea. Their thought process seems to be: Trump says it, then I say it.

          • 60d@lemmy.ca
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            13 hours ago

            ‘Made in Canada’ is more important to the cause. That’s where the jobs are.

            ‘Headquartered in Murca’ makes very little difference to the Canadian economy. It’s not like the c-levels contribute anything to Murca, as can be plainly seen.

            • CaptnNMorgan@lemmy.world
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              6 hours ago

              it might not make a difference to the Canadian economy, but buying cars from American companies still boost theirs.

              • 60d@lemmy.ca
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                5 hours ago

                Not at all! They contribute nothing to the American economy except inflation.

                • CaptnNMorgan@lemmy.world
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                  2 hours ago

                  That makes zero sense. How do they benefit by selling and manufacturing cars in other countries, if not by making money?

                  • 60d@lemmy.ca
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                    1 hour ago

                    Weird, right? So people make money while working for Ford, for example.

                    Ford the automaker gets paid and makes “profit” in Murca.

                    Profit goes to the 1%. The 1% contributes nothing to the economy by dodging taxes and securing a greater share of the overall wallet in Murca.

                    This causes inflation because there’s less money circulating. Huh. It’s almost like the profits do nothing, despite what Reagan told you.

                • CaptnNMorgan@lemmy.world
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                  2 hours ago

                  I don’t understand how an American company wouldn’t make money by selling and manufacturing cars in other countries. If that isn’t the case, why the fuck do they do it?

                  • TechLich@lemmy.world
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                    1 hour ago

                    I think the point they’re making is that the majority of the money they make in Canada, they spend in Canada. They pay Canadian taxes and Canadian staff, using Canadian banks, etc.

                    Just because their headquarters are in the US doesn’t necessarily mean they’re sending vast sums of money across the border, that would be expensive. The American-based company makes money, but not necessarily in America, they’re multi-national and their money is kept all over the world.

                    As opposed to a company that exports their products, in which case the money is paid to the American company in America with American staff etc.

                    I don’t have any numbers or sources to back this up though. Just outlining what I think the other commenter was implying.

                  • TheRealKuni@midwest.social
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                    1 hour ago

                    They manufacture significant parts of their cars (or sometimes entire cars) outside the US and then sell them in the US. It’s part of why small pickup trucks don’t really exist anymore, due to tariff nonsense.

                    They do it because manufacturing labor is cheaper elsewhere.