Trump announces 25% tariff on all imported cars and car parts

[Norcaliblunt]

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

They are obsessed with borders and restricting the market.

[highwhey]

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.

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.

[j3lademaster]

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.

[Phoenix]

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.

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.

[Bill Gates]

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.

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.

[Phoenix]

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.

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 back off-shore? 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.

[warriorfan]

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.

Go back to China.

[eliteballer]

https://www.yahoo.com/news/much-more...211007346.html

[Chick Stern]

[86Celtics]

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

[Off the Court]

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

[Off the Court]

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.

[GimmeThat]

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

[Norcaliblunt]

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.

[GimmeThat]

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.

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.