- cross-posted to:
- [email protected]
- [email protected]
- cross-posted to:
- [email protected]
- [email protected]
cross-posted from: https://lemmy.ca/post/40942039
Ladies and gentlemen, the dumbest person on the planet, Donald Trump.
cross-posted from: https://lemmy.ca/post/40942039
Ladies and gentlemen, the dumbest person on the planet, Donald Trump.
American companies that do less of their manufacturing in the US than their Japanese rivals do.
They are still raking in money from sales in Canada and other countries though, no?
I’m confused what you’re asking.
I don’t understand how an American company wouldn’t make money by selling and manufacturing cars in other countries. If that isn’t the case, why the fuck do they do it?
I think the point they’re making is that the majority of the money they make in Canada, they spend in Canada. They pay Canadian taxes and Canadian staff, using Canadian banks, etc.
Just because their headquarters are in the US doesn’t necessarily mean they’re sending vast sums of money across the border, that would be expensive. The American-based company makes money, but not necessarily in America, they’re multi-national and their money is kept all over the world.
As opposed to a company that exports their products, in which case the money is paid to the American company in America with American staff etc.
I don’t have any numbers or sources to back this up though. Just outlining what I think the other commenter was implying.
That makes sense. But aren’t the people that are in charge and have control over the profits, whether or not the actual funds are in America or not, American? I don’t see how the Americans, that are actually doing harm to their citizens and other countries, COULDN’T benefit from buying their cars.
They manufacture significant parts of their cars (or sometimes entire cars) outside the US and then sell them in the US. It’s part of why small pickup trucks don’t really exist anymore, due to tariff nonsense.
They do it because manufacturing labor is cheaper elsewhere.
That has nothing to do with my confusion.