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Joinfortmill

(17,841 posts)
Thu Mar 27, 2025, 07:40 AM Mar 27

'Trump to impose 25% tariff on all automobiles and foreign auto parts brought into the U.S.'

https://www.nbcnews.com/business/autos/trump-auto-tariffs-which-companies-how-much-when-what-to-know-rcna198223

'The tariffs were criticized by foreign governments and carmakers, drawing threats of retaliation and sinking auto stocks around the world.'

'...Speaking from the Oval Office, Trump initially said he was imposing a 25% tariff on all cars coming into the United States....

However, companies that import vehicles under the United States-Mexico-Canada Agreement (USMCA) will get special consideration until the Commerce Department establishes a process for levying the 25% duties, the White House said...

Trump said he expects auto companies to relocate to the United States and build new sites or expand existing ones. He hit out at companies that have opened facilities in Canada and Mexico in recent decades, at what he said was the expense of U.S. workers...

“If you build your car in the U.S., there’s no tariff,” he said...'

My words: Overall, I don't see how any of this is good for the American consumer even if some car models are produced in the U.S.
11 replies = new reply since forum marked as read
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'Trump to impose 25% tariff on all automobiles and foreign auto parts brought into the U.S.' (Original Post) Joinfortmill Mar 27 OP
There goes the auto industry. Think. Again. Mar 27 #1
Unless TSF isn't planing to leave in 2029, no_hypocrisy Mar 27 #2
I'm just gonna keep posting trump is a sadist. mucifer Mar 27 #3
MAGA is governing like he doesn't have to campaign anymore uponit7771 Mar 27 #9
A man in the super yesterday said 4 months waiting list for new Toyota. bucolic_frolic Mar 27 #4
Side door? More like the front door. mwmisses4289 Mar 27 #5
Have any of his tariffs lasted a week? Seriously, I'm asking. Scrivener7 Mar 27 #6
Even domestic cars have foreign parts C_U_L8R Mar 27 #7
Lets see how long this lasts. nt BootinUp Mar 27 #8
Is this just a distraction dansolo Mar 27 #10
Now I get it...he did this to help his Russian handler - Eloon maptap22 Mar 27 #11

no_hypocrisy

(51,153 posts)
2. Unless TSF isn't planing to leave in 2029,
Thu Mar 27, 2025, 07:44 AM
Mar 27

corporations won’t invest on this side of the border. Shareholders are going to have a fit anyway.

bucolic_frolic

(49,801 posts)
4. A man in the super yesterday said 4 months waiting list for new Toyota.
Thu Mar 27, 2025, 07:49 AM
Mar 27

I don't know if he meant all models but with availability limited and tariffs rising, price will BOOM!!

Way to go Trumpie. Do you think some of that tariff money will be siphoned off by a DOGE side door?

C_U_L8R

(47,109 posts)
7. Even domestic cars have foreign parts
Thu Mar 27, 2025, 07:57 AM
Mar 27

Including Teslas. Trump is a freaking economic disaster.

dansolo

(5,387 posts)
10. Is this just a distraction
Thu Mar 27, 2025, 08:52 AM
Mar 27

It seems like the tariff announcement is just a distraction from the recent scandal. Get everybody talking about something else.

maptap22

(189 posts)
11. Now I get it...he did this to help his Russian handler - Eloon
Thu Mar 27, 2025, 12:55 PM
Mar 27

Tesla stock is up today. Pretty obvious that he is trying to help the real guy running the country (into the dust).

Geez I hate these people so much!

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