On Monday, Toyota said it will build a new US$3.6B plant in San Antonio, Texas, and move some production of its Tacoma pickup truck out of its Mexico plant over a four-year period.
  • Mereo@piefed.caEnglish
    0·
    2 months ago

    This is why I support Carney’s agenda of diversifying our economy and our partners. These companies are moving to the U.S. because, currently, Canada predominantly does business with the U.S., so these U.S. companies see tariffs as an obstacle to their business.

    However, when Canada has exports predominantly in the rest of the world, companies will stop moving.

    • Pxtl@lemmy.caEnglish
      0·
      2 months ago

      Okay but all our other neighbors are an ocean away. This is hard mode.