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.

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:

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.

[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]

[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]

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

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=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.

Op extra hysterical today.

Dude must have took it up the ass extra hard last night with no call back

Very good very good we see Mexico stock tomorrow

More beaners homeless the better than American vets

[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.

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.

Fantastic news

Buy American made... you'll feel better.

[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.

Whatever happened to the free market that Republicans and conservatives used to claim to love?

They are obsessed with borders and restricting the market.

[QUOTE=Bill Gates;14988460]: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.[/QUOTE]

i don't think any trump supporter has gone outside of their parents basement in a while. they do not understand that you can't just start manufacturing rolled steel overnight. they probably don't even know it would take longer than 4 years to make new steel mills.

What a dumb, evil and regressive tariff. If I’m an American make car manufacturer I’m raising prices 15% and still undercutting my competition, then raising it to possibly 20% to see what that does to sales and what I can get away with, then try 22 next quarter, 23% etc. the US has absolute dog shit public transportation which makes vehicles incredibly inelastic goods here. Anyone trying to justify this tariff is absolutely insane, stupid or both.

[QUOTE=j3lademaster;14988479]What a dumb, evil and regressive tariff. If I’m an American make car manufacturer I’m raising prices 15% and still undercutting my competition, then raising it to possibly 20% to see what that does to sales and what I can get away with, then try 22 next quarter, 23% etc. the US has absolute dog shit public transportation which makes vehicles incredibly inelastic goods here. Anyone trying to justify this tariff is absolutely insane, stupid or both.[/QUOTE]

Yeah, there's nothing to say America companies won't take the opportunity to take it as close to the line as possible. Give an inch, take a mile type of thing. You can also do the same for other consumer goods. Increased prices on American made alcohol, for example. These companies will always push whatever they can get away with. None of this leads to consumers paying less, but I suspect we have finally reached the end of the 20th century economic model. 20 years of 9/11, the 2008 crash and covid with the fatality finish. Flawless victory. The bough is breaking, and 99% aren't ready for it.

[QUOTE=Phoenix;14988484]Yeah, there's nothing to say America companies won't take the opportunity to take it as close to the line as possible. Give an inch, take a mile type of thing. [B]You can also do the same for other consumer goods. Increased prices on American made alcohol, for example. These companies will always push whatever they can get away with.[/B] None of this leads to consumers paying less, but I suspect we have finally reached the end of the 20th century economic model. 20 years of 9/11, the 2008 crash and covid with the fatality finish. Flawless victory. The bough is breaking, and 99% aren't ready for it.[/QUOTE]

And once companies do their mark ups, they can not reverse them. Which is why Biden didn't roll back the China tariffs. US companies had already marked up, and they aren't going to mark them back down. So reversing the tariffs would have done nothing but lose that tariff income.

[QUOTE=Bill Gates;14988489]And once companies do their mark ups, they can not reverse them. Which is why Biden didn't roll back the China tariffs. US companies had already marked up, and they aren't going to mark them back down. So reversing the tariffs would have done nothing but lose that tariff income.[/QUOTE]

Nor will companies be returning manufacturing to the U.S in any major way. Those are moves that fundamentally shift the way your company does business and how an industry operates. They're not making paradigm-shifting operational moves on a whim. Imagine the next US president rolls back on this shit. What's the companies gonna do then, move their manufacturing [B]back[/B] off-shore? :oldlol: Businesses don't operate on uncertainty and harem-ska rem policies, they need stable environments to forecast their multi-year moves. Which is the complete opposite of the current economic environment. Trump hasn't gone a week with announcing a tariff without rolling it back a few days later. Nobody wants to do anything, from company to consumer, because nobody can plan for what the fukk is or isn't happening. I'm not American so the whole left and right, red and blue shit is lost on me, I'm just side-eyeing all this from a distance hoping to not catch a stray like every other country right now.

[QUOTE=j3lademaster;14988479]What a dumb, evil and regressive tariff. If I’m an American make car manufacturer I’m raising prices 15% and still undercutting my competition, then raising it to possibly 20% to see what that does to sales and what I can get away with, then try 22 next quarter, 23% etc. the US has absolute dog shit public transportation which makes vehicles incredibly inelastic goods here. Anyone trying to justify this tariff is absolutely insane, stupid or both.[/QUOTE]

Go back to China.

[url]https://www.yahoo.com/news/much-more-expensive-trumps-auto-211007346.html[/url]

[video=youtube;Mj6N-WBPrVw]https://www.youtube.com/watch?v=Mj6N-WBPrVw[/video]

[QUOTE=Hey Yo;14988458]Buy American made... you'll feel better.[/QUOTE]

[IMG]https://theanfieldnoise.com/uploads/default/original/3X/a/f/af2a2b12d988f4bbbf9daf0fc34ebb81ddba570b.jpeg[/IMG]

Yeah, this topic really lets you know which ones the cult members are and which ones are capable of speaking for themselves.

[QUOTE=Chick Stern;14988616][video=youtube;Mj6N-WBPrVw]https://www.youtube.com/watch?v=Mj6N-WBPrVw[/video][/QUOTE]

Someone needs to forward this along to Trump.

Problem is, Trump's ego is too big for him to admit it was a bad idea and reverse it. He will insist he knows best, and that we all need to suffer first. Maybe if his cult starts shrinking he will wake up, but they have the exact same ego problem.

guy brings in doughnuts to office, everyone's happy. guy shows you the facts about doughnuts, people showing that loose vag they've been carrying around, since they even need to spray some alcohol on their wang to get it slightly more than limp

This is why racing to the bottom for prices on goods as a consumer is not a good thing.

If consumers actually voted with their dollars and really supported the shit they pretend to then we wouldn’t have this kind of government f uc kery.

People just can’t seem to support what’s right on their own. People waste their time and energy voting, indulging in politics, yada yada yada, but can’t seem to stop buying shit from major corporations and made in china. Pretty crazy.

Eggs are the best example. People want cheap disgusting eggs instead of just paying a tad bit more and supporting a local farmer.

[QUOTE=Norcaliblunt;14988679]This is why racing to the bottom for prices on goods as a consumer is not a good thing.

If consumers actually voted with their dollars and really supported the shit they pretend to then we wouldn’t have this kind of government f uc kery.
[/QUOTE]

it's more a race to availability than affordability. or you can say if people really wanted to try living oversea, there's no stigma about it.

This will blow a giant hole in the US economy and make cars unaffordable.

And dumbsh!t MAGAS thought eggs were too expensive.

[QUOTE]White House press secretary Karoline Leavitt on Tuesday clashed with a reporter with The Associated Press over President Trump’s use of tariffs after granting the outlet a rare question during a White House press briefing.

Leavitt faced a slew of questions about Trump’s widespread use of tariffs on imports, which have rattled financial markets and sparked fears of a recession. At one point, Leavitt called on an Associated Press reporter, who asked Leavitt why the president was proposing “tax hikes in the form of tariffs” as opposed to the tax cuts he promised on the campaign trail.

“He’s actually not implementing tax hikes. [B]Tariffs are a tax hike on foreign countries that, again, have been ripping us off,” Leavitt said. “Tariffs are a tax cut for the American people, and the president is a staunch advocate for tax cuts.”[/B]

AP’s reporter in the room, Josh Boak, then responded: “I’m sorry, have you ever paid a tariff? Because I have. They don’t get charged on foreign companies, they get charged on importers.”

Leavitt dug in on arguing that tariffs would lead to increased wages and revenues for Americans, then shot back at Boak.

“I think it’s insulting that you’re trying to test my knowledge of economics, and the decision that this president has made,” Leavitt said. “I now regret giving a question to The Associated Press.”[/QUOTE]

:rolleyes:

[url]https://thehill.com/homenews/administration/5188744-ap-reporter-white-house-tariffs/[/url]

[url]https://www.youtube.com/watch?v=9Hbz1E0_y6Q[/url]

[QUOTE=diamenz;14988889]:rolleyes:

[url]https://thehill.com/homenews/administration/5188744-ap-reporter-white-house-tariffs/[/url][/QUOTE]

Pretty telling.

[QUOTE=diamenz;14988889]

He’s actually not implementing tax hikes. Tariffs are a tax hike on foreign countries that, again, have been ripping us off,” Leavitt said. “Tariffs are a tax cut for the American people, and the president is a staunch advocate for tax cuts.”

[/QUOTE]

The fukk? It's like they're arguing that the tariffs are punishing the exporter, but its the importer that pays those tariffs and they will in turn pass it down to the consumer. What, they think the businesses are absorbing these tariffs and hurting their profits??

If a country like, oh I don't know, Canada exports maple syrup to the U.S and the U.S decides to put 25% tariff on all Canadian maple syrup, the business(es) will pay that upfront and then increase the shelf price of the syrup. Either 1) this makes the syrup too expensive so the US consumer in turn buys the home-produced brands, and if that happens enough the exporter will probably just stop exporting said product because its no longer viable. Or 2) the consumer sucks it up and pays the higher price so....they're spending more money. Replace syrup with cars, alcohol or anything else sourced elsewhere. How do people not understand that's going to lead to higher prices?

Forget what these politicians are saying, let all these tariffs play out and then see what the before and after prices are for the goods in question. There's your answer. :confusedshrug:

Giving us things for dirt cheap = "ripping us off" ????? :lol

Anyway, Nasdaq and S&P hit new lows this morning. Buckle up, we are diving straight into the recession.

[QUOTE=Bill Gates;14989087]Giving us things for dirt cheap = "ripping us off" ????? :lol

Anyway, Nasdaq and S&P hit new lows this morning. Buckle up, we are diving straight into the recession.[/QUOTE]

so much winning!

[img]https://i.redd.it/a05f6vi7a2se1.jpeg[/img]

Trump went full scorched earth, no one is safe including MAGA.

Ya'll got duped H.A.R.D. Just waiting on the cheap eggs :applause:

[QUOTE=Phoenix;14989136]Trump went full scorched earth, no one is safe including MAGA.

Ya'll got duped H.A.R.D. Just waiting on the cheap eggs :applause:[/QUOTE]
They don't care, as long as minorities suffer, they're happy.