Quote Originally Posted by Richard View Post
Overall, Michigan incurred a -$91.8 billion deficit exporting and importing products during 2022. That dollar amount reflects a 21.1% year-over-year increase from -$75.8 billion in red ink in 2021.

https://www.worldstopexports.com/mic...op-10-exports/

Michigans biggest export is auto related and you are losing billions a year while doing it,so the answer is to increase exports while doing the same thing and expecting at some point in time to make money at it?

The future around automobiles is gearing up to be self supporting manufacturers that rely less on shipping parts and materials for finial assembly.

Of course Canada wants to increase cross border exports,they make money on it at the expense of Michigan.

Last year, total trade between Ontario and Michigan was valued at C$80.6 billion, with imports from Michigan totalling C$31.3 billion. That trade supported thousands of jobs on both sides of the border.

It did not support thousands of jobs,it cost $50b to retain those jobs in Michigan at a loss.

I would be telling Canada- Yea let’s work on that trade imbalance first so we are not losing $50b a year then we can discuss giving up our trade secrets where we retain the competitive edge,besides once you get them why do you need us ?

But then again I did not fall for that whole free bridge thing because we are buddies and that’s how nice we are charade.

It gives the appearance that Canada thinks Michigan is their own little China right across the border.

They spelt neighbor wrong in the article,makes me feel better paid professionals get it wrong.

They keep moving forward thinking the auto industry is going to be the same 10 years from now as it is today,but it will not be,it will be the same difference as with the horse and buggy’s verses the automobile,that’s how radical of a change it will have to go through.

Electric vehicles consist of 200 parts whereas an ICE vehicle is 1000 parts.

If a majority of Michigans cross border trade with Canada consists of parts used in the manufacture of automobiles,with the implementation of EVs.

You just reduced your cross border traffic in parts alone by 80%.

You have to know that this transition is going to hit the state hard,one would think now would be the time to start dealing with it verses doubling down with a 98.1 billion dollar export deficit and growing.

The handwriting is already in the wall.


You are completely misunderstanding what this even means. Michigan as a state is not losing any money on imports/exports. Those numbers indicate the value of products that are being imported/exported in total by the entire state and all of its businesses.