Posted on 07/06/2018 7:57:56 AM PDT by SeekAndFind
This is the beauty of having Trump leading our trade efforts. He understands the whole picture. Volkswagen builds and wholesales the car to the US, but in the US there are thousands of jobs related to the import, sales and service of Volkswagen.
Steel is manufactured in China which is important to countless jobs in the Oil and Gas industry.
When Trump sets tariffs, those in the US negatively affected squeal. He understands and will do an excellent job of managing the reins with just the right amount of pressure to achieve the desired overall results. It will be a bouncy ride, but the US will end up on top.
Angela blinked.
Either way more Americans end up working. Keep the tariff and more Lincolns and Caddies will be sold domestically. Lift the tariff, and the EU does like wise, means more exports of cars and even more employment. win - win either way.
everything except what we can’t mine here..... and bananas.
You raise yours, we raise ours. You lower yours, we lower ours.
That is the way that it is suppose to go.
Excellent!
It’s almost as if Trump knows how to negotiate for things he wants.
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the art of the deal?
or just a game of sweat?
either way, it’s another win
Nothing ventured, nothing gained...
This is how leaders lead. Thank you Mr. President.
You mean Germany (and other EU countries) ALREADY had tariffs on US products?! Well who woulda thunk!
Listen to CNN and you’d likely believe that Trump is imposing tariffs just to start trade wars...
They're offering to eliminate tariffs on vehicles imported from the U.S. in exchange for the U.S. eliminating tariffs on vehicles imported from Europe. The U.S. has a 25% tariff on light trucks and SUVs. Because of that tariffs pickups and SUVs are the most profitable lines for GM, Ford, and Dodge. So profitable, in fact, that U.S. automakers are cutting back on car lines in favor of light trucks and SUVs. Remove the tariff and the Big Three take a substantial hit to their bottom lines. Will Detroit sit still for that?
If you go and examine the European vehicle industry, you will come to three conclusions with the truck/SUV situation:
1. The only two companies with any real truck production are VW and Mercedes (the Mercedes is some ultra high-cost truck, way beyond what most Americans would pay. The VW ‘Caddy’, I think, if there were no tariff existing....might interest a fair number of folks (more of a truck-van, than a real truck).
2. There is a wide-range of SUVs made by Volvo, BMW, Mercedes, Opel, Audi, etc. Presently, with the dollar-exchange rate and the tariff existing....they are all extremely expensive. On quality status? I think they all would be welcomed by the American consumer. The cost factor? It makes the discussion worthless.
3. Finally, we end back with the question of Detroit, and if the big-three can really compete. Back in the 1980....I would have said no. Times have changed to some degree, but I doubt that they’d agree to dump the 25-percent tariff on truck/SUV imports. Trump might have to force them into the corner.
Maybe the reality of tariffs is happening:
If US tariffs are bad for the US economy, why is no one discussing why country X’s current and retaliatory tariffs are bad for X’s economy?
http://freerepublic.com/focus/news/3669470/posts?page=5#5
Thanks to: kosciusko51 for this anti tariff shredding reality!
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