Trump Unveils 25% Auto Tariffs, Escalating Global Trade Tensions

[JonnyF]

  On 3/27/2025 at 9:14 AM, Chomper Higgot said:

Good people on both sides would be a good place to start.

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So no evidence then? 😄

 

Didn't think so... Just the usual Nazi slurs from Libs.  

[Digitalbanana]

  On 3/27/2025 at 6:33 AM, JonnyF said:

Great news. More wins like this to come.

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Good news if you are a Hyundai investor? For the rest of the American public they will pay for the move by increased car prices.

[JonnyF]

  On 3/28/2025 at 1:52 AM, Digitalbanana said:

Good news if you are a Hyundai investor? For the rest of the American public they will pay for the move by increased car prices.

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Not if they buy locally manufactured vehicles.

 

Which is better for the US economy and better for the environment. 

[Eric Loh]

  On 3/28/2025 at 1:58 AM, JonnyF said:

 

Not if they buy locally manufactured vehicles.

 

Which is better for the US economy and better for the environment. 

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There is no such thing as an all American made car and no automakers will invest billions to made car in America due to the idiosyncrasy of Trump in his on-off again policies. Elementary Johnny. 

[Chomper Higgot]

  On 3/28/2025 at 1:58 AM, JonnyF said:

 

Not if they buy locally manufactured vehicles.

 

Which is better for the US economy and better for the environment. 

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You do understand ‘imported components’ being used in manufacturing?

 

 

[JonnyF]

  On 3/28/2025 at 2:32 AM, Chomper Higgot said:

You do understand ‘imported components’ being used in manufacturing?

 

 

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Yes, often at zero/reduced tariffs if used in locally assembled/manufactured vehicles. 

[JonnyF]

  On 3/28/2025 at 2:19 AM, Eric Loh said:

There is no such thing as an all American made car and no automakers will invest billions to made car in America due to the idiosyncrasy of Trump in his on-off again policies. Elementary Johnny. 

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Oh really?

 

https://www.bbc.com/news/articles/cgkmvdz144vo

 

[Chomper Higgot]

  On 3/28/2025 at 2:34 AM, JonnyF said:

 

Yes, often at zero/reduced tariffs if used in locally assembled/manufactured vehicles. 

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Of so you don’t understand.

[Eric Loh]

  On 3/28/2025 at 2:35 AM, JonnyF said:

 

Oh really?

 

https://www.bbc.com/news/articles/cgkmvdz144vo

 

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Hyundai had announced their 2025 expansion plans during the Biden's administration. This official announcement by Hyundai was made 3 days before Trump impose auto tariffs of 25%. 

[Tug]

Why worry he’s a very stable genius he says so himself…he’s one toxic dude he’s costing everyone on the planet now.

[sharot724]

War What is it good for

[Eric Loh]

  On 3/28/2025 at 2:35 AM, JonnyF said:

 

Oh really?

 

https://www.bbc.com/news/articles/cgkmvdz144vo

 

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Extract from Axios that provide more clarity to Hyundai investment. 

 

It was May 2022, more than two years later, when Hyundai actually made the announcement. And it was President Biden's hand — not Trump's — that Chung shook in Seoul as he unveiled a $10 billion U.S. investment plan that included Hyundai's first dedicated electric vehicle plant near Savannah, Georgia.

[Tug]

  On 3/27/2025 at 3:33 AM, Digitalbanana said:

Watch the plummet. Protectionist policies, such as tariffs and trade barriers, can lead to higher prices for American consumers, reduced competition, and decreased economic efficiency. Basic economics a school kid knows these days.

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Aww come on trumps a very stable genius says so himself…..funny thing is he has no school records…go figure.meanwhile in the real world the very stable big brain genius has reaped another 715 point drop in the Dow another 2% plus down on the s&p yup tired of winning guys and gals?and as an extra bonus the great one (says so himself) has alienated our allies and is just about tea b&#@ing his best bud putin!yup never in my most fevered nightmares…….

[TedG]

  On 3/26/2025 at 11:03 PM, blaze master said:

Trump.

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Congress, they gave this power to the executive branch. 

[bamnutsak]

ADJUSTING IMPORTS OF AUTOMOBILES AND AUTOMOBILE PARTS INTO THE UNITED STATES

 

https://www.whitehouse.gov/presidential-actions/2025/03/adjusting-imports-of-automobiles-and-autombile-parts-into-the-united-states/

 

 

I think trump plans to announce new, reciprocal tariffs next Wednesday, on what he calls "Liberation Day".

 

 

Trump’s Reciprocal-Tariffs Calculations Remain Unclear Before the Big Reveal on April 2

 

On February 13, President Donald Trump issued a Fair and Reciprocal Plan designed to reduce U.S. trade deficits in goods. The plan will assess “non-reciprocal trade relationships” and respond by imposing tariffs calibrated to targeted countries’ total trade barriers. The tariffs are scheduled to be announced on April 2.

The administration has not provided details on how the reciprocal tariffs will be calculated and which countries will be targeted. However, Trump’s team has indicated that reciprocal rates will reflect a combination of factors specific to each country, such as their tariff rates, value-added taxes (VATs), nontariff measures, and foreign-exchange policies. On March 18, Secretary of the Treasury Scott Bessent stated that the administration will focus on partners with whom the United States has a large trade deficit. Bessent referenced the “Dirty Fifteen,” which he explained as the fifteen percent of countries that make up “a huge amount of our trading volume.” To date, no countries have been officially named.

 

https://www.cfr.org/article/trumps-reciprocal-tariffs-calculations-remain-unclear-big-reveal-april-2

 

 

 

Thailand is in the "Dirty Fifteen".

 

https://realeconomy.rsmus.com/market-minute-the-dirty-15-or-those-economies-likely-to-be-targeted-with-selected-tariffs/