On the Mexico and Canada Tariffs

[Smitty7]

Lol, the move offshore came 100% from the government, all of the red tape, regulations, taxes, and complication drove the price and pain of doing business here to a breaking point for many of the durable industries.

Spot on and lets not forget the unions got every drop of blood they could from the businesses . They kept squeezing every last drop till there was nothing left to get .

 

[Uncle Dave]

What industries specifically?

Because under Trump's 1st term there was a good amount of reshoring, and prevention of offshoring.... Just because your specific niche suppliers haven't moved back doesn't mean nobody has or will.

This is a problem that will take a generation to fix, minimum.

Guys like you just keep complaining it's not happening fast enough, where is my stuff, blahhh blahhh blahhh.

You don't get shade tomorrow from a tree that you plant today. It needs water, and time, pruning, and care.

The entire nation needs a culture paradigm shift. We have been running on inertia for decades.

The industries we tariff -mainly the semiconductor businesses we pushed out of the US - or let walk away.

We dont have an American alternative to buy from, so all this bullshit "just buy American" isn't possible.

It sucks you are taking shots at me personally (exactly the shit that drives discussion out of RDP)
So the counter is guys like you always chime in pretending to understand business complexities you don't live, or know shit about.

You are right - it will take a longtime to fix, so why aren't we planting the trees?

They should have starting going into the ground no later than when this started in 2017 - we're 8 years behind even starting to fixing the problem.

When are you going to stop pretending American businesses are the problem and demand the trees start getting planted ?

 

[regor]

The industries we tariff -mainly the semiconductor businesses we pushed out of the US.

We dont have an American alternative to buy from, so all this bullshit "just buy American" isn't possible.

It sucks you are taking shots at me personally (exactly the shit that drive discussion out of RDP)
So the counter is guys like you always chime in pretending to understand business complexities you don't live, or know shit about.

You are right - it will take a longtime to fix, so why aren't we planting the trees?

They should have starting going into the ground no later than when this started in 2017 - we're 8 years behind even starting to fixing the problem.

When are you going to stop pretending American businesses are the problem and demand the trees start getting planted ?

As Racey stated, there was a fair amount on on-shoring occurring and a general attitude change in his first term. He’ll continue to do it in his 2nd, but you can’t expect it to be built without the threat of tariffs.

The PROBLEM is the continual change in philosophy from administration to administration, not to mention the corruption.

As I said earlier, this is up to the people to continue to vote for politicians that will execute it. If we clean up elections, we have a shot.

 

[530RL]

Spot on and lets not forget the unions got every drop of blood they could from the businesses . They kept squeezing every last drop till there was nothing left to get .

No,no, no.

Racey says it is 100 percent government.

The higher wages demanded by Americans supporting a higher standard of living has zero affect on pricing and competitiveness of US manufacturers. It is solely government according to him.

There is no advantage to lower cost workers, it is 100 percent government according to Racey.

 

[530RL]

As Racey stated, there was a fair amount on on-shoring occurring and a general attitude change in his first term. He’ll continue to do it in his 2nd, but you can’t expect it to be built without the threat of tariffs.

The PROBLEM is the continual change in philosophy from administration to administration, not to mention the corruption.

As I said earlier, this is up to the people to continue to vote for politicians that will execute it. If we clean up elections, we have a shot.

Total trade deficits increased by a record 36.3 percent under his first term. Manufacturing jobs shrunk by 178,000. Construction costs rose more than 2.5 times the rate of inflation.

His implementation of liberal economic policies with respect to trade objectively failed and continued to fail under Biden as he kept those liberal trade policies in place.

Those are economic facts.

 

[regor]

Total trade deficits increased by a record 36.3 percent under his first term. Manufacturing jobs shrunk by 178,000. Construction costs rose more than 2.5 times the rate of inflation.

His implementation of liberal economic policies with respect to trade objectively failed and continued to fail under Biden as he kept those liberal trade policies in place.

Those are economic facts.

As usual, you make no mention of yore USAID funded bio-weapon Covid and the consequences that had on yore fake numbers.

And faggot, if could respond about how we are KICKING yore asses right now in all the other threads, the inmates would appreciate it!!!!

 

[Cray Paper]

You clearly dont know who we are or what we do.

We're 100% American designed, made, built and tested - minus the parts we just cant buy in the US because of short sighted politicians.

How many American engineers, manufacturing people. sales and marketing people, buyers, planners, support poeple and do you employ? Whats your payroll?

My competition is china and cheap asian stuff.

Sell out American sovereignty and might?
We are American sovereignty and might, and we're the last men standing in this business thats family owned and operated.

Please tell me about your local and global business, who do you employ, what do you make and sell and to who?
What do you make here? Are you part of the problem ?

ANY RDP'er in the Sacramento area is welcome to come up the hill to Grass Valley for a factory tour to see real American manufacturing and technical leadership.

UD, I do not know what you and your company produce, I am just venting at what I have seen as the purposeful destruction of the middle class and manufacturing base in the US via politicians for the last 30 years. I think we are on the same page, but just see things from different perspectives via our career paths.

I have worked in the commercial construction industry since 1991. I have had a odd fascination regarding the American auto industry since 1989 and spent a lot of energy and free time understanding how our government has influenced it through the mid 2000's. I am well versed in the trade agreements with Mexico, Japan and China and the flat out abuse that took place by each of those countries due to US debt ownership and influence on US politicians. Currency manipulation plays a huge part in the abuse that has never been directly addressed by the US government. The swamp was being developed back in the 80's and is deeper than most can comprehend.

As far as who I work for, I worked for a locally owned commercial construction company for 25 years, at one point we were a 1.2 Billion dollar a year company. I have been working for a internationally owned publicly owned company for the last 5+ years, it is worth about 2.4 Billion.

I see apples, you see oranges, but that has to do with our perspectives, but I think we are on the same page? Send me a PM, I would really like to know what your company produces and support it if I can.

 

[Uncle Dave]

UD, I do not know what you and your company produce, I am just venting at what I have seen as the purposeful destruction of the middle class and manufacturing base in the US via politicians for the last 30 years. I think we are on the same page, but just see things from different perspectives via our career paths.

I have worked in the commercial construction industry since 1991. I have had a odd fascination regarding the American auto industry since 1989 and spent a lot of energy and free time understanding how our government has influenced it through the mid 2000's. I am well versed in the trade agreements with Mexico, Japan and China and the flat out abuse that took place by each of those countries due to US debt ownership and influence on US politicians. Currency manipulation plays a huge part in the abuse that has never been directly addressed by the US government. The swamp was being developed back in the 80's and is deeper than most can comprehend.

As far as who I work for, I worked for a locally owned commercial construction company for 25 years, at one point we were a 1.2 Billion dollar a year company. I have been working for a internationally owned publicly owned company for the last 5+ years, it is worth about 2.4 Billion.

I see apples, you see oranges, but that has to do with our perspectives, but I think we are on the same page? Send me a PM, I would really like to know what your company produces and support it if I can.

We're more aligned that it appears in this particular thread.
I'm aligned with most of the guys here 90+% of the time.
I'm really happy with a lot of what's happening now - with this issue being an exception, but in this forum its 100% or you're some combination of insults.

Ive never been happy with either side of our government and watched our middle class slide into oblivion while politicians & fat cat union bosses robbed our country.

I've done a bunch of things for fun, but made my money in the TV/Film business since the late 80's I'll send you my LinkedIn profile.
I've gone from a small private companies to big public companies and chose to finish out my career at a family owned company.
I've owned and been an investor in many companies over my working career and always been one of those guys that had aa job and a side gig at every point in my life because I've never been able to trust anyone but myself with my security.

PM sent

 

[waybomb]

Honda will now make their hybrid Civics in Indiana now, instead of Mecico.

 

[Uncle Dave]

Honda will now make their hybrid Civics in Indiana now, instead of Mecico.

This is great news.

I'm curious to see if GM and Ford pull back production to the US.
Those Mexerados are going to be too expensive to compete with F series otherwise.

Production for US domestic supply will pull back to the States, but the same tariffs that bring back production for stateside delivery will push the export market production to be built in their respective markets.

In the end it will be interesting to see if domestic production grows or shrinks.

 

[regor]

This is great news.

I'm curious to see if GM and Ford pull back production to the US.
Those Mexerados are going to be too expensive to compete with F series otherwise.

Production for US domestic supply will pull back to the States, but the same tariffs that bring back production for stateside delivery will push the export market production to be built in their respective markets.

In the end it will be interesting to see if domestic production grows or shrinks.

What kind of timeline you giving it?

 

[530RL]

This is great news.

I'm curious to see if GM and Ford pull back production to the US.
Those Mexerados are going to be too expensive to compete with F series otherwise.

Production for US domestic supply will pull back to the States, but the same tariffs that bring back production for stateside delivery will push the export market production to be built in their respective markets.

In the end it will be interesting to see if domestic production grows or shrinks.

They will need to build plants in every country of volume as each country implements higher countervailing taxes. Given most plants are assemblies from subassembly plants, they will need to build sub assembly plants in localities also. Certainly less efficient, but cheaper net of the higher taxes people are demanding.

 

[Uncle Dave]

What kind of timeline you giving it?

I expect people/companies to announce inbound work right away (like Honda did) this will be the news that gets promoted.

..and that outbound strategy will take a little longer but start within a quarter or two. This wont be publicized as much and the manufacturers doing it aren't going to be so forthcoming with it.

The lines will get blurred between the repatriated domestic work, and the diminished build for export.

The factories in Mexico will get used for rest of world export, and rejigged, but they certainly take longer to pay off without the US as core customer.

By the end of year two we'll get a pretty good picture.

 

[rmarion]

Pentagon Deploys Mechanized Infantry And Air Support To Secure Mexico Border, Including Team Of 4,400 Soldiers | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

just came thru the Bat Signal


maybe someone is getting ready for the tarrifs ..

 

[Uncle Dave]

They will need to build plants in every country of volume as each country implements higher countervailing taxes. Given most plants are assemblies from subassembly plants, they will need to build sub assembly plants in localities also. Certainly less efficient, but cheaper net of the higher taxes people are demanding.

For sure expensive to start up, but once complete you become immune from temporary leaders using your business as lever for domestic policy.

Each country gets the manufacturing base its own business supports.

 

[Ultra...Good]

Pentagon Deploys Mechanized Infantry And Air Support To Secure Mexico Border, Including Team Of 4,400 Soldiers | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

just came thru the Bat Signal


maybe someone is getting ready for the tarrifs ..

You got that right, and dangerous people are getting nervous.

Trump Threats and Mexico’s Crackdown Hit Mexican Cartel

Several cartel operatives said that for the first time in years, they genuinely feared arrest or death at the hands of the authorities.

www.nytimes.com

 

[Mr. Jones]

Now Honda Civics will cost more. If Ford and GM bring production back, those prices will increase too. Might want to buy now!

 

[530RL]

For sure expensive to start up, but once complete you become immune from temporary leaders using your business as lever for domestic policy.

Each country gets the manufacturing base its own business supports.

Incredibly inefficient but certainly necessary.

 

[rmarion]

Incredibly inefficient but certainly necessary.

yep, cost of products have never increased....

what products do you sell??

let's do a little review...

 

[Ultra...Good]

Now Honda Civics will cost more. If Ford and GM bring production back, those prices will increase too. Might want to buy now!

Possibly. One thing for certain in my area is that wages have not gone up in the last 25 years. Jobs disappeared, prices of cars, homes and most everything else has gone up. Except for all the useless crap that people don't need.

Bring jobs back, move illegals out and wages will go up. You know, supply/demand of labor. Markets and executive wages will take a hit. So what.

 

[Uncle Dave]

Incredibly inefficient but certainly necessary.

Sadly, It's either that or lose the export market completely.

 

[TonyFanelli]

Pentagon Deploys Mechanized Infantry And Air Support To Secure Mexico Border, Including Team Of 4,400 Soldiers | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

just came thru the Bat Signal


maybe someone is getting ready for the tarrifs ..

 

[530RL]

Sadly, It's either that or lose the export market completely.

If we achieve that which MAGA wishes, there should be no export market anywhere.

We all make our own stuff. Imports are bad and therefore exports are logically equally bad.

It is illogical for a country to argue that everything should be domestically manufactured, and then argue they should have exports. They are mutually exclusive economic ideals.

 

[Sandlord]

If we achieve that which MAGA wishes, there should be no export market anywhere.

We all make our own stuff. Imports are bad and therefore exports are logically equally bad.

It is illogical for a country to argue that everything should be domestically manufactured, and then argue they should have exports. They are mutually exclusive economic ideals.

I believe the plan is to make foreign made products the same price as US made products. Give consumers a choice which product to purchase at nearly the same price.
Consumers will have a choice of buying a foreign made product made by 8 year olds making a dollar a day,
or Americans feeding their families, financing homes, consuming local products etc.
American made products help the American economy.
Foreign products export American money to foreign countries.
there will always be exports because some countries cant grow certain crops, or produce certain goods.

 

[Ultra...Good]

I believe the plan is to make foreign made products the same ..............................
............................................there will always be exports because some countries cant grow certain crops, or produce certain goods.

 

[Mr. Jones]

Possibly. One thing for certain in my area is that wages have not gone up in the last 25 years. Jobs disappeared, prices of cars, homes and most everything else has gone up. Except for all the useless crap that people don't need.

Bring jobs back, move illegals out and wages will go up. You know, supply/demand of labor. Markets and executive wages will take a hit. So what.

Wages are certainly higher in the United States than in Mexico, maybe not in Canada though. I'm not saying this is necessarily a bad thing yet, but bringing manufacturing back into the US for the unionized big three will hand their unions a lot more power.

I still wonder though, how many people in straight up manufacturing actually want those jobs? There's a big difference between want and need, but I fear that we are trying to bring jobs back from a bygone era that were kind of awful to do which was one reason we shipped them off to poor countries

 

[Uncle Dave]

I believe the plan is to make foreign made products the same price as US made products. Give consumers a choice which product to purchase at nearly the same price.
Consumers will have a choice of buying a foreign made product made by 8 year olds making a dollar a day,
or Americans feeding their families, financing homes, consuming local products etc.
American made products help the American economy.
Foreign products export American money to foreign countries.
there will always be exports because some countries cant grow certain crops, or produce certain goods.

That's a great idea.

If American made products could be built with American components, parts and materials it could work, until that time comes, it wont.
The best you can do (for something not comically simple) is partially American.
Until you can build American products with American parts, tariffs just raise the prices of partially American products.

The 8 year old in a sweatshop is a real thing in certain parts of the world, others not at all.
Let's not pretend most of our allies base their economies on 8 year factory labor - we can check and verify this.

Sure there will always be exports, but will we remain as the #2 exporter in the world, or will our factories actually shrink as demand for our products abroad shrinks?

What could very easily happen is that more Americans lose their jobs than have their wages lifted as most medium and large companies have a revenue mix of around 40-50% foreign sales.


What Rubio claims Trump is seeking is reciprocity - if true that COULD work, but I dont see that in the policies.

 

[17 10 Flat]

Wages are certainly higher in the United States than in Mexico, maybe not in Canada though. I'm not saying this is necessarily a bad thing yet, but bringing manufacturing back into the US for the unionized big three will hand their unions a lot more power.

I still wonder though, how many people in straight up manufacturing actually want those jobs? There's a big difference between want and need, but I fear that we are trying to bring jobs back from a bygone era that were kind of awful to do which was one reason we shipped them off to poor countries

As to Unions. Traditionally support Democrtats. Although that changed a bit the last election cycle. If Union members see Trump's policies bringing more manufacturing and more union jobs back to US soil that trend could continue.

 

[530RL]

America manufactures 3 times the number of turbo fan engines that it consumes. It does not however manufacture coat hangars anymore.

Enacting policies that reduce the amount of turbofan engines being produced in America to bring back bending coat hangars to America all while raising prices of goods overall seems like a losing economic proposition for the American Consumer and Worker.

This will be a fun experiment, unless of course one lives paycheck to paycheck and is struggling to make ends meet.

 

[Racey]

America manufactures 3 times the number of turbo fan engines that it consumes. It does not however manufacture coat hangars anymore.

Enacting policies that reduce the amount of turbofan engines being produced in America to bring back bending coat hangars to America all while raising prices of goods overall seems like a losing economic proposition for the American Consumer and Worker.

This will be a fun experiment, unless of course one lives paycheck to paycheck and is struggling to make ends meet.

How many turbofan engines are sold each yeah?

Now do automotive engines.... Where are they being made now?

Yet another false equivalency from the prophet of pretzels

 

[530RL]

How many turbofan engines are sold each yeah?

Now do automotive engines.... Where are they being made now?

Yet another false equivalency from the prophet of pretzels

Let’s keep an open mind and see how it works.

It will be easily measurable on a monthly basis.

 

[Ultra...Good]

How many turbofan engines are sold each yeah?

Now do automotive engines.... Where are they being made now?

Yet another false equivalency from the prophet of pretzels

As long as he can keep getting his favorite pillows.......

What's with the mustache???

 

[regor]

How many turbofan engines are sold each yeah?

Now do automotive engines.... Where are they being made now?

Yet another false equivalency from the prophet of pretzels

 

[Racey]

Let’s keep an open mind and see how it works.

It will be easily measurable on a monthly basis.

Lol yes, we all expect the the flipside of "The economy is doing great, unemployment is at an all time low" bullshit you spouted under Biden for 4 years even though it was patently false.

It really doesn't matter though because nobody here gives a shit about your opinion because you have destroyed your own credibility with all the TDS nonsense you have spent 8 years posting.

You should short the whole market big boy, put your money wjere your mouth is

 

[Mr. Jones]

As to Unions. Traditionally support Democrtats. Although that changed a bit the last election cycle. If Union members see Trump's policies bringing more manufacturing and more union jobs back to US soil that trend could continue.

And Union wages are much higher than Mexico wages. The last Union agreement added something like $1000 to the price of a F-150.

There will be a literal price to pay for these new import taxes. I think a lot of people on fixed incomes are going to feel the higher prices and not be happy--kind if like federal workers who voted for Trump then got fired. If you lost your job or are worried about the price of a car because yours took a dump, there's no amount of political enthusiasm that's going to make you feel better. DOGE and tariffs or tough deals for a lot of folks and there will be casualties.

 

[530RL]

Lol yes, we all expect the the flipside of "The economy is doing great, unemployment is at an all time low" bullshit you spouted under Biden for 4 years even though it was patently false.

It really doesn't matter though because nobody here gives a shit about your opinion because you have destroyed your own credibility with all the TDS nonsense you have spent 8 years posting

You clearly do, as you keep responding.

 

[Sandlord]

And then they moved semi-conductor fab to America…

 

[Chili Palmer]

Maybe the big 3 US automakers should look to outside the US to figure out how to make reliable engines again.

We never had engines that seized, timing chain tensioners that give out in 30-50,000 miles, connecting rods breaking, heads lifting off the blocks, main bearings destroying themselves in less than 50,000 miles. Is this due to substandard materials, lack of quality control, or just piss poor designs?

 

[530RL]

And then they moved semi-conductor fab to America…

For a hundred billion dollar investment, which they had to make somewhere, they bought US protection of Taiwan as well as billions of tax subsidies for basically nothing.

Now that is the art of the deal.

 

[fast99]

Maybe the big 3 US automakers should look to outside the US to figure out how to make reliable engines again.

We never had engines that seized, timing chain tensioners that give out in 30-50,000 miles, connecting rods breaking, heads lifting off the blocks, main bearings destroying themselves in less than 50,000 miles. Is this due to substandard materials, lack of quality control, or just piss poor designs?

Don't forget the crappy trannys. I think most of the problems stem from the CAFE standards and EPA. Forces manufacturers to produce vehicles they otherwise wouldn't. Made just durable enough to get off warranty. Then the pin is pulled on the grenade.

 

[regor]

You clearly do, as you keep responding.

We're just pushing down on the handle............lil one.

 

[Racey]

You clearly do, as you keep responding.

i just like putting you under the french fry lights exposing your bullshit

 

[17 10 Flat]

And Union wages are much higher than Mexico wages. The last Union agreement added something like $1000 to the price of a F-150.

There will be a literal price to pay for these new import taxes. I think a lot of people on fixed incomes are going to feel the higher prices and not be happy--kind if like federal workers who voted for Trump then got fired. If you lost your job or are worried about the price of a car because yours took a dump, there's no amount of political enthusiasm that's going to make you feel better. DOGE and tariffs or tough deals for a lot of folks and there will be casualties.

Where does the $1000.00 number come from? I worked at Ford over 30 years. The waste involved in upper management decisions trying to cut costs only to have that result in a 500 million dollar recall also has an affect on the vehicle cost as well.
Im not pro union or anti management was UAW at GM for about 3 years...UGH.
Example would be the 6.0L diesel that ruined Ford's reputation. Every single engineer involved knew it was a disaster before it was released to the public. Upper management was pushing, someone/s got big bonus pushing these out.

 

[Uncle Dave]

For a hundred billion dollar investment, which they had to make somewhere, they bought US protection of Taiwan as well as billions of tax subsidies for basically nothing.

Now that is the art of the deal.

Did they buy protection though?
I didnt see that, but Im working and cant get all the news instantly.
Or does this let Taiwan become a a sacrificial facility if Xi rolls in?

Another commit from TSMC is a good start but a drop in the bucket on this journey.

 

[Uncle Dave]

Maybe the big 3 US automakers should look to outside the US to figure out how to make reliable engines again.

We never had engines that seized, timing chain tensioners that give out in 30-50,000 miles, connecting rods breaking, heads lifting off the blocks, main bearings destroying themselves in less than 50,000 miles. Is this due to substandard materials, lack of quality control, or just piss poor designs?

Carb/Cafe/Smog/ price cost are the culprits
Smaller displacement turbos, lighter weights, tighter engine quarters.
The advent of Direct injection made it much harder to keep things alive with enormous pumping pressure, (basically diesel pressures) unfilterable abrasive soot (without a bypass) and carbon build up.

This will not get better but will get worse - the next thing coming is the GPF - the gas particulate filter, like the diesel DPF. It's already on the new maverick lowering HP and increasing costs year to year.

ICE will hold for a while then continue its march toward mediocrity.
EV's will continue to improve.

Part of me wants the EV just to flip the bird the smog guys. I cant even put a sticker on my cars anymore much less customize them. I can make my own power and thus my own fuel off my roof as well so fuck you state, fuck you power company, fuck you despot 3rd world regimes controlling my standard of living.

Thats a different topic though.

 

[spectras only]

Wages are certainly higher in the United States than in Mexico, maybe not in Canada though. I'm not saying this is necessarily a bad thing yet, but bringing manufacturing back into the US for the unionized big three will hand their unions a lot more power.

At Creo. I had a decent paying job with a few perks like options and shares. Year after Kodak bought us, came the 2008 crash that put Kodak in Chapter 11 that allows a company to restructure in Canada. We had five year struggle to get back to normalcy, but wages didn't go up at all, no perks and not much of wage increase to be worth [ 0.023 % yearly ] mentioning. We had a bad CEO [ former Hewland Packard reject ] for a few years, and came another bad one, Antonio Perez. Our upper brass in head office in Rochester NY , didn't get a fiddler's fart, took a while for Perez giving up his Executive jet [ he had another one too ] and few more years to give up the second.

For you guys thinking wages are as high in some sectors in Canada as in the US, it is not for the average Canadian. Buying power is quite low. because our dollar vs yours for decades. Last time, the canadian dollar was at par [ for a short time only ] was back in the early 70's IIRC, but not for long. I lived in Alberta for a short time and that province was the only one prospered because of the OIL. Also the only province that doesn't have sales tax.

 

[spectras only]

America manufactures 3 times the number of turbo fan engines that it consumes. It does not however manufacture coat hangars anymore.

Are you hanging up your heli in your hangar when not in use?

 

[Mr. Jones]

Where does the $1000.00 number come from? I worked at Ford over 30 years. The waste involved in upper management decisions trying to cut costs only to have that result in a 500 million dollar recall also has an affect on the vehicle cost as well.
Im not pro union or anti management was UAW at GM for about 3 years...UGH.
Example would be the 6.0L diesel that ruined Ford's reputation. Every single engineer involved knew it was a disaster before it was released to the public. Upper management was pushing, someone/s got big bonus pushing these out.

Ford said it. It was actually 900.

Ford says new UAW contract will cost $8.8B

The automaker estimates its new labor contract with the United Auto Workers union will cost around $900 per vehicle by 2028.

www.automotivedive.com

 

[Sandlord]

For a hundred billion dollar investment, which they had to make somewhere, they bought US protection of Taiwan as well as billions of tax subsidies for basically nothing.

Now that is the art of the deal.

They’re investing a lot in Az, up to 500 billion, and Az is giving them some curb and gutter basically. Sounds like a good plan

 

[530RL]

They’re investing a lot in Az, up to 500 billion, and Az is giving them some curb and gutter basically. Sounds like a good plan

It’s more than that from the state. Add another 6.6 billion of direct grants from the CHIPS act.

Hell of a deal for a foreign company.