this post was submitted on 03 Feb 2025
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The pic is still very accurate! Tariffs are paid by the buyers and ultimately passed down to the customer! Canada will probably largely shift its imports and exports to untaxed countries, funny since it will likely be china!
It is also funny since one of his main campaigning point was to deal with the living expenses crisis and he is going to deal with that by raising prices a minimum of 10% plus whatever the comps throw on it, taking advantage of the price raise
I'd love to get a hold of one of the Chinese EVs that are dominating the global market.