Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Why doesn't Canada reduce tariffs on Chinese cars? Instead they're making their citizens pay extra for American cars when they could be paying 1/4 price for better quality electric cars.


The auto industry is huge for Ontario, the province behind this ad, and tightly integrated with US auto makers. As a result I believe tariffs on Chinese cars are being maintained by the federal govt. to show the US that Canada is very serious about ending this pointless situation.

If Chinese cars enter Canada and enter Mexico, you can say goodbye to the US auto industry. Recall, the most recent news is the bankruptcy of an auto loan firm in the US, itself a sign that cars are not affordable to workers, which is the only way these workers can travel for their jobs because public transit is so poorly funded.

Car manufacturing is not going to get cheaper in the US without a whole lotta pain, and the loss of inertia is going to affect all industrial sectors.


Chinese cars have entered Mexico. Over the last couple of years 20% of new car sales there have been Chinese brands. JAC is also making cars in Mexico, and BYD and BAIC have plans to start building in Mexico.

Mexico has increased tariffs, to 50%, but Chinese cars remain competitive even after that.


I assume that's the big stick Carney is using behind close doors to negotiate with the USA.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: