Trump's Tariffs Will Collapse the American Auto Industry

[citygator]

Unions LOVE Trump's plan, but notice how the leftwingers are suddenly concerned about the corporations instead of the union workers. Everything the left claimed to want, Trump is now doing. Yet the hypocrites still slam Trump.

Tariffs are terrible policy which is why Biden and 2 years of house and senate didnt enact crazy ass tariffs. Unions love them but that isn’t a good enough reason to enact them. They are murder on the consumer.

 

[candycorn]

Nobody gave a shyte about the outsourcing of millions of jobs from the West while corporations didn't drop their prices even $10.

People gave a shit. Trump didn’t--and you worship the man.

Shove your indignation up your ass.

 

[Dr.Destructo]

Trump's Tariffs Will Collapse the American Auto Industry​

No they won't.

Prices go up EVERY YEAR on vehicles, and sometimes TWICE a year!!!
Tariffs have nothing to do with it.

 

[Leo123]

They will lose their jobs.

They already lost their jobs. Trump will bring jobs back.

 

[okfine]

They already lost their jobs. Trump will bring jobs back.

Yep. Sure. Uh huh.

 

[Leo123]

Tariffs are terrible policy which is why Biden and 2 years of house and senate didnt enact crazy ass tariffs. Unions love them but that isn’t a good enough reason to enact them. They are murder on the consumer.

China is murder on their slave and child workers who make your underwear.

 

[Leo123]

Yep. Sure. Uh huh.

Well, he's certainly doing more than any Democrat, especially Hidin' Biden.

 

[MarathonMike]

His tariffs will result in increased costs for auto makers, thus translating higher prices for new cars. That will, in turn, send people flocking to used vehicles, which will drive up their prices as well. People will hang on to cars longer than normal, opting to make expensive repairs as it will be cheaper, and overall sales will decline.

“What we’re seeing now is a structural shift, driven by policy, that’s likely to be long-lasting,” Felix Stellmaszek, Boston Consulting Group’s global lead of automotive and mobility, told CNBC. “This may well be the most consequential year for the auto industry in history — not just because of immediate cost pressures, but because it’s forcing fundamental change in how and where the industry builds.”

BCG expects tariffs to add $110 billion to $160 billion on an annual run rate basis in costs to the industry, which could impact 20% of U.S. new-vehicle market revenues, increasing production costs for both U.S. and non-U.S. manufacturers.

The Center for Automotive Research, a Michigan-based nonprofit think tank, believes costs for automakers in the U.S. alone will increase by $107.7 billion. That includes $41.9 billion for Detroit automakers General Motors, Ford Motor and Chrysler parent Stellantis.

MSN

"BWAAAAAAAWWWKKK THE SKY IS FALLING THE SKY IS FALLING!! BWAAAAAAAAAWWWKK!!!"

 

[1srelluc]

How Much Have Car Prices Risen in the Past 5 Years? - Vehicle Grip

The price of new and used cars has risen significantly over the past five years, driven by supply chain disruptions, inflation, and shifting consumer demand.

vehiclegrip.com

In 2019, the average price of a new car was around $36,000; by 2024, it had climbed to over $48,000, an increase of more than 30%.

The dems must be blind to the history of their own party's responsibility of drastically increasing car prices on their watch.....Around $2400 a year on average.

Then again responsibility to a dem is like sunlight to a vampire.

 

[Mashmont]

People expected low prices from your dear leader, but I guess you have some kind of mental block.

I get it. You want to screw the workers. You want them to work for nothing like the Chinese.

 

[Mashmont]

Tariffs are terrible policy which is why Biden and 2 years of house and senate didnt enact crazy ass tariffs. Unions love them but that isn’t a good enough reason to enact them. They are murder on the consumer.

So why do you think other countries should be able to charge much higher tariffs than us?

 

[Mashmont]

I'm a Union Member.
I can't STAND TRUMP.

Nothing UNION wise. How has trump supported my UNION?

Um. Tariffs.

 

[citygator]

So why do you think other countries should be able to charge much higher tariffs than us?

Vietnam charges about 11%. We charge almost 10%. What’s the probkem?

 

[Freedomisneverfree]

 

[Mashmont]

His tariffs will result in increased costs for auto makers, thus translating higher prices for new cars. That will, in turn, send people flocking to used vehicles, which will drive up their prices as well. People will hang on to cars longer than normal, opting to make expensive repairs as it will be cheaper, and overall sales will decline.

“What we’re seeing now is a structural shift, driven by policy, that’s likely to be long-lasting,” Felix Stellmaszek, Boston Consulting Group’s global lead of automotive and mobility, told CNBC. “This may well be the most consequential year for the auto industry in history — not just because of immediate cost pressures, but because it’s forcing fundamental change in how and where the industry builds.”

BCG expects tariffs to add $110 billion to $160 billion on an annual run rate basis in costs to the industry, which could impact 20% of U.S. new-vehicle market revenues, increasing production costs for both U.S. and non-U.S. manufacturers.

The Center for Automotive Research, a Michigan-based nonprofit think tank, believes costs for automakers in the U.S. alone will increase by $107.7 billion. That includes $41.9 billion for Detroit automakers General Motors, Ford Motor and Chrysler parent Stellantis.

MSN

Just substitute "taxes" for "tariffs". So leftwingers are really saying:

"We hate "taxes" on corporations now. We want Walmart to keep employing brown third- world people on the cheap instead of paying American union workers. We hate the fact that Walmart will now make less money. We don't care about American jobs."

 

[Mashmont]

View attachment 1099828

Nike supports all the leftwing causes including anti-Americanism is pro-Chinese.

 

[Mashmont]

Feel free to prove that.

Here's what you do: Google: "Unions support tariffs: A whole bunch of stories about it.

 

[okfine]

I get it. You want to screw the workers. You want them to work for nothing like the Chinese.

No, you don't get it. The asshole told everyone low prices. You and your idiot same minded voters were lied to.

 

[Mashmont]

No, you don't get it. The asshole told everyone low prices. You and your idiot same minded voters were lied to.

What makes you think they won't be low?

 

[okfine]

What makes you think they won't be low?

You're one helpless person.