RE:RE:Trump and tariffsstockitnow wrote: I think Trump won't. For one suppliers for all OEM are global and US is home to majority of them. It will hurt US economy the most. And if US does levy tariffs then expect EU, Canada and others to do same to US OEM.
This will include Boeing, and Boeing can use a lot of foreign sales. Tariffs will make it harder for Boeing to get back up.
Letsmakemoredol wrote: While I personally hate Trump being elected, it is a good thing for business, wealth and ultimately more business jets
The question is would he levy tariffs on business jets that would affect BBD? I have posted that I would think the wealthy could create an offshore corporation like the Bahamas to avoid tariffs since they have a team of accountants and lawyers working to keep their clients tax bill as low as possible
I'm not sure Trump would levy tariffs, what does everyone think? If he did it would make the stock dump hard if he did
stock, I don't think he will either, but lets admit Trump doesn't think about repreccussions about his actions, that's what a raging narcissist does. I recall he slapped on tariffs on some cars made in Canada that were largely made with US parts, a Chevy model which they actually showed a picture of during negotiations. I don't think he thought it last time when he slapped tariffs on Canada or wanted to renegotiate NAFTA.
On top of that we have extremely weak leadership in Canada under Trudeau. We need someone will balls, someone who will say "fine, you want that, we just cut off electricity from Canada to the northeast. see you tomorrow and we'll continue discussions"
I just want to have an open discussion, I am not saying Trump will put on tariffs