The Age Of Deals -- March 4, 2025

Locator: 48456PANAMA.

Tag: Panama.

Holy mackerel things move quickly.

While politicians -- small minds quibble about extending the war in Ukraine -- movers and shakers are moving and shaking. My hunch: the next four years -- the age of deals.  

Governor Hochul, New York, says she will lead the opposition against Trump -- euphemism for "I've thrown my hat into the presidential ring." 

Meanwhile, guys over at BlackRock are making deals.

And Honda says it's moving some of its operations out of Mexico into the US. To a "red" state. LOL.

I don't think folks realize how many foreign automakers already have operations in the US. 

It doesn't take much to increase production at a plant if there are no supply chain issues. Right now, I assume most plants are working two shifts. And even if tariffs markedly decrease the number of foreign autos coming into the US, it will be nothing like what happened during Covid. 

It's likely the industry will raise car prices blaming it on tariffs. But there are more than enough cars made in the US without risk of tariffs. 

And with car sales dropping -- or so I've heard -- I don't think there's a chance that we'll see a shortage of new and used cars like we saw coming out of the lock down a couple of years ago. But dealers will take advantage of "tariffs" to raise prices. 

Foreign truck manufacturers with presence in the US: Daimler and Volvo.