Economic News
- Thread starter nycfan
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“… The reactors would be at least in part funded by Japan, which agreed to invest $100 billion in Westinghouse projects built in the United States with the help of Japanese contractors, according to a fact sheet published by the Japanese government.
The deal, announced Tuesday morning by Westinghouse’s owners, does not specify how much U.S. taxpayers would spend to help construct the AP1000 reactor units the Trump administration wants. Investments in the reactors can be risky, because large nuclear projects are routinely beset with massive cost overruns and long delays.…”
The root causes have more than three years left in office.
1moretimeagain
Inconceivable Member
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Apple reported 47% gross margins and $132 billion cash on hand, yet they’re a company that gets a tariff exemption.
It's not just who you know, anymore. It's also about who you pay.
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It's why I'm giving out single pieces of candy corn to all the kids this year.
Thanks Trump, you've now ruined Halloween for all the children.
BillOfRights
Iconic Member
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From fast food to beverage giants, brands see rising income inequality among customers
Consumer brands are adjusting to a two-tiered economy as the new normal. Yet there are signs that even high-income customers are under pressure.
www.nbcnews.com
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the big ticket, which will likely get punched, is dropping the prohibitive ban on Chinese EVs for the same deal with canola oil.
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Say again? Dropping the ban on Chinese EVs would be a national security disaster. That’d be like inviting the fox to the henhouse.
lawtig02
Legend of ZZL
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I think he’s saying Canada will. And he’s right.
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It's the potential Canadian deal. Canada is desperate to get into the cooking oil market there, China really wants to put Musk out of business worldwide with their EVs.
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It's also not helping that Stellantis and GM, in order to appease the orange monstrosity, have pulled manufacturing of electric vehicles from Canada in the last month. If Canada has no EV manufacturing to defend, much less reason to keep tariffs on Chinese EVs.
financialpost.com
General Motors Co. announced earlier this week that it would end production of its BrightDrop electric delivery van, leaving 1,000 workers in Ingersoll, Ont., with an uncertain future. Last week, Stellantis NV confirmed it will not start EV production at its Brampton assembly plant next year as originally planned, provoking threats of a lawsuit by the federal government.
Canada's electric vehicle supply chain is fading. Will dreams of making the country an EV powerhouse survive?
There’s an emerging consensus that the grand vision to transform Canada into an electric vehicle manufacturing powerhouse is dying. Read on.
General Motors Co. announced earlier this week that it would end production of its BrightDrop electric delivery van, leaving 1,000 workers in Ingersoll, Ont., with an uncertain future. Last week, Stellantis NV confirmed it will not start EV production at its Brampton assembly plant next year as originally planned, provoking threats of a lawsuit by the federal government.
