From Lorne Hammond Sent Sun, Jul 1st 2018, 17:08
From Lorne Hammond Sent Sun, Jul 1st 2018, 17:08
oops $15B, numbers numbers -----Original Message----- From: Lorne Hammond [mailto:xxxxxxxx@xxxx.xx] Sent: July-01-18 9:55 AM To: 'Paul Schreiber' <xxxxxx@xxxxxxx.xxx>; 'Wheaton, Simon' <xxxxx.xxxxxxx@xxx.xxx.xx>; 'analogue heaven' <xxxxxxxx@xxxxxxxxx.xxx> Subject: RE: [AH] MOOG WARNING Those lists are interesting reading. But yes it looks like not just parts but anything for the test bench from multimeters, to power supplies and oscilloscopes. Also as I read it the cost of raw stock for Ponoko and 3d milling machines for prototypes and small batch (think plastic enclosures and bamboo laser cutting) are going up. This might spark inflation (as Paul says putting up prices not at cost but because you can) and when that hits, bigger dominoes like debt and newly deregulated banks required to hold less capital means trouble globally. A quick deal is not necessarily a good deal due to interconnectedness. But mostly the list seems to protect aircraft, shipbuilding, nuclear, machine tool industry capacity, all hard core strategic manufacturing. Today Canada just put in place its $2 billion in retaliatory duties in our response to the NAFTA tariff wars. We are the #2 trading partner with the US, which means supply chain support Boeings' production in the PNW, the automobile industry in the Great Lakes (a relative built and manages a Honda plant in Alabama), light armour for the US military (and the Saudis), energy swaps for oil, natural gas and electricity for winter cold snaps and summer heat waves, lumber and paper and aluminum (takes a lot of our electricity to make). Canada and Mexico combined are double the trade with China. https://www.census.gov/foreign-trade/statistics/highlights/top/top1804yr.htm l Lots of people up here cancelling trips (vacations, school trips) to the US and talking boycotts of US products. So far it doesn't include California's agriculture but if it does we'll buy from Mexico and south america. And it takes years to build trade connections. Tariffs are economic warfare and destructive. Hard to make a peace once it starts. Its a mess. Lorne