That's obviously not what the Canadian negotiators will want.
A major point of manufacturing here is to have jobs for the local population. (And, yes, another major point is to have supply to that manufacturing also come from our economy).
It's bad for the country to lose all manufacturing capability.
Blame 50+ years of companies outsourcing everything and closing on-shore production with the single goal of increasing short-term shareholder value at the exclusion of every other consideration (even ignoring harm to the long term survival of the business itself).
It's not exactly "the country" that did this, it's wall street specifically and the people who kowtow to its demands.
That one baffles me. They were doing catalog based mail order since the start of their business.
They should have been in the perfect position to compete with what Amazon has become. They already had all the infrastructure in place. All they needed was a decent website version of their existing catalog with a simple ordering method, and they utterly failed at that.
Nintendo was a card manufacturing company but is now a videogame titan. Fujifilm went from photo and film to biotechnology. Sony just recently eked out to finance and investing
Hitachi makes consumer electronics and heavy industrial construction machinery.
But somehow Ford can only make F150s and Mustangs any more...
Ultimately I think people are taking a bit of time to substantially shift their investment portfolios/strategies.
I have a meeting with my investment guy this afternoon.
The instructions I gave when scheduling the meeting were to get my investments out of the American economy as much as is possible (acknowledging that they've got their dirty little fingers in everything globally).
Last year I reduced my exposure to the US by about half, as he advised that the funds were already doing some amount of adjustment for risk avoidance so I shouldn't make any "hasty decisions".
Now I just want out. Even if it costs me a few points of growth in the short term.
Edit: meeting finished, the investment guy said I was far from his only client making the same request.
Every election in the future is going to see AI generated deepfake bullshit.
Hell, there are already fake AI commercials with "Carney" saying things he never said, and making claims that are the opposite of what his actual actions are.
Or cause a resurgence of fragging?