The Peter Zeihan Podcast Series The Tariffs Stalk at Midnight + LIVE Q&A Starts Soon!
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Apr 9, 2025 The podcast dives into the recent updates on U.S. tariff policies and their impact on trade with Canada and Mexico. It highlights specific tariffs that are disrupting manufacturing supply chains, especially in the automotive sector. The discussion reveals how these tariffs are poised to increase vehicle costs and further strain essential raw material supplies. Additionally, there's a thought-provoking look at the potential for economic instability, as rising tariffs may lead to inflation and even recession risks.
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Trade System Interdependence
- The U.S. trading system heavily relies on Canada and Mexico, impacting manufacturing supply chains.
- New tariffs on automobiles, trade, aluminum, steel, and energy affect these crucial partnerships.
Crude Oil and Tariffs
- Most Canadian crude is refined in the U.S. due to specialized refineries.
- New tariffs necessitate costly infrastructure changes for Canada and increase U.S. gasoline prices.
Automotive Tariffs and Supply Chains
- Automotive tariffs initially impact finished vehicles, with discounts for U.S.-made parts.
- Expanding tariffs to all car parts will disrupt North American supply chains and raise vehicle costs.