Trump announces 25% tariff on all imported cars and car parts
Are even the Trump cult members that post here a fan of this? Did anyone here vote for this?
Better go grab that dream BMW like today.
What a f@#kin horrendous economic disaster this guy is. Bankrupt us like he does all his businesses. I'm sure he and Elon will make out good though.
Re: Trump announces 25% tariff on all imported cars and car parts
Hey D'oh desperately trying to figure out a way to spin this. Better wait for Fox News as his senile old brain can't quiet come up with original ideas :ohwell:
Re: Trump announces 25% tariff on all imported cars and car parts
none of the trump supporters in this forum have the means to purchase/own/maintain a vehicle. they live in their parent's basement and ride the bus. so i expect them to be indifferent to it.
Re: Trump announces 25% tariff on all imported cars and car parts
[QUOTE=Off the Court;14988315]Are even the Trump cult members that post here a fan of this? Did anyone here vote for this?[/QUOTE]
MAGA & America voted to end wokeness... a sacrifice that had to made in order to save our children's souls.
We may end up in WWIII or a Great Depression.... but America is going to know the differences between a Man & a Woman.
[img]https://img.ifunny.co/images/a06f1a81fe7e7d97c2e5041af6d6ab8385b89e6bfa93253ab9a7c3b71f01a697_1.jpg[/img]
Re: Trump announces 25% tariff on all imported cars and car parts
[QUOTE=Off the Court;14988315]I'm sure he and Elon will make out good though.[/QUOTE]
the tariffs and doge "cuts" - particularly in regard to social security, that the republicans will ultimately attempt to privatize by slowly and subtly busting up the system until it's *ucked up enough to call 'broken', are all a ruse to get the trillions of $ in tax cuts through to their billionaire buddies before the midterms. democrats on the hill don't mind this at all either btw - behind closed doors they're all for it. it's all aboard the uniparty gravy train. either way, per usual, the rich get richer and... well this time, it's your mothers and grandmothers that will end up suffering.
[video=youtube;iRBsxVsZFaY]https://www.youtube.com/watch?v=iRBsxVsZFaY[/video]
Re: Trump announces 25% tariff on all imported cars and car parts
This will make Cars too expensive for the middle class if their is no carveout for the North American market because the auto sector is heavily integrated .
Housing is already seen as hopeless for a lot of people and now more people wont be able to own a car and probably have to depend on unreliable public transportation
Re: Trump announces 25% tariff on all imported cars and car parts
There is no economist on board with this. Everyone loses.
Higher Prices = Less Sales
Less Sales = Mass Layoffs
Layoffs + High Prices = Economic Downturn (EVERY BUISNESS SUFFERS)
What's funny is due to the slow sales and slow economic movement, the Gov sees less tax revenue.
It's a LOSE/LOSE/LOSE situation
Re: Trump announces 25% tariff on all imported cars and car parts
[QUOTE=Off the Court;14988335]There is no economist on board with this. Everyone loses.
Higher Prices = Less Sales
Less Sales = Mass Layoffs
Layoffs + High Prices = Economic Downturn (EVERY BUISNESS SUFFERS)
What's funny is due to the slow sales and slow economic movement, the Gov sees less tax revenue.
It's a LOSE/LOSE/LOSE situation[/QUOTE]
I believe it's more calculated than that... it's the right course of action, but it takes too long to implement before you start seeing the benefits, and you upset other countries.
[quote]US President Donald Trump has threatened a 200% tariff on any alcohol coming to the US from the European Union (EU) in the latest twist of an escalating trade war.[/quote]
Nobody will be purchasing EU alcohol products and more money will be spent on American alcohol products... The profits go to America, and yes, they do trickle down.
Trickle Down economics does work because it creates more jobs... jobs that aren't government, and paid for with tax dollars.
Is this the the right time to be starting trade wars? No.... Trump does take an L here... but just like wokeness, it has good intentions for Americans.
Re: Trump announces 25% tariff on all imported cars and car parts
Op extra hysterical today.
Dude must have took it up the ass extra hard last night with no call back
Re: Trump announces 25% tariff on all imported cars and car parts
Very good very good we see Mexico stock tomorrow
More beaners homeless the better than American vets
Re: Trump announces 25% tariff on all imported cars and car parts
[QUOTE=Doomsday Dallas;14988330]MAGA & America voted to end wokeness... a sacrifice that had to made in order to save our children's souls.
We may end up in WWIII or a Great Depression.... but America is going to know the differences between a Man & a Woman.
[img]https://img.ifunny.co/images/a06f1a81fe7e7d97c2e5041af6d6ab8385b89e6bfa93253ab9a7c3b71f01a697_1.jpg[/img][/QUOTE]
Which has nothing to do with Trump's idiotic tariffs screwing over his voters.
Re: Trump announces 25% tariff on all imported cars and car parts
Tariffs require a degree of finesse in terms of how they're applied, not the bull in a china shop approach. Industries need years to prepare, not weeks. From the outside, it seems like there's a giant wall of US industries having darts being thrown at it, wherever they land gets new tariffs...and starting next Monday!! Whatever the underlying goals or logic is, at least what is being sold to everyone, that's.......not how to go about it. At all. Just seems like a fundamental misread of what tariffs are, when, where and how they should be applied. As to the consumer, unless there's a serious reeling in, I have a prediction:
[IMG]https://i.imgflip.com/619am0.gif[/IMG]
The VAST majority of people are unprepared for any of this. Trump is, so is his right hand stooge. So they'll still enjoy their caviar and lobster, while you're googling weekly meals with Ramen noodles.
Re: Trump announces 25% tariff on all imported cars and car parts
Re: Trump announces 25% tariff on all imported cars and car parts
Buy American made... you'll feel better.
Re: Trump announces 25% tariff on all imported cars and car parts
[QUOTE=Hey Yo;14988458]Buy American made... you'll feel better.[/QUOTE]
:facepalm
That isn't the remedy. Toyota and everyone else makes their cars right here in the US just like FORD does. But they all import their car parts, including FORD. They will all go up 25% for the buyer.
It is an effort to get the manufacturing of those parts made here in the US, but by the time those plants are up and running on all cylinders, the next POTUS will undo the tariffs because free trade creates a much faster economy.