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Started By
Message
Automobile Tariffs - 25%
Posted on 3/26/25 at 4:21 pm
Posted on 3/26/25 at 4:21 pm
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Today, Trump introduced a 25% tariff on ALL vehicles not made in the United States. This tariff will go into effect on April 2nd. About 40% of all new cars sold in the US are imported, so this tariff is a big deal.
This is a breakdown of where cars sold in the US are made:
• Tesla: 100% U.S.
• Ford: 77% U.S., 21% Canada & Mexico, 2% Other
• Stellantis: 57% U.S., 39% Canada & Mexico, 4% Other
• Nissan: 52% U.S., 31% Canada & Mexico, 17% Other
• GM: 52% U.S., 30% Canada & Mexico, 18% Other
• Toyota: 48% U.S., 27% Canada & Mexico, 25% Other
• Kia: 33% U.S., 8% Canada & Mexico, 59% Other
• Volkswagen: 21% U.S., 43% Canada & Mexico, 36% Other
If the 25% tariff remains in place for a long period, legacy automakers will struggle to adapt quickly, leading to a significant decline in profits. The United States is the most profitable country for the auto industry. Trump said this new tariff will be permanent, so it will be interesting to see how this plays out and whether the tariff sticks around or not.
This post was edited on 3/26/25 at 6:58 pm
22
Posted on 3/26/25 at 4:23 pm to The Egg
Buh buy BMW and Mercedes
I hope we work to put both out of business or at least weaken them to a point where an American can buy the company.
Maybe Elon now that I think about it.
I hope we work to put both out of business or at least weaken them to a point where an American can buy the company.
Maybe Elon now that I think about it.
This post was edited on 3/26/25 at 4:25 pm
Posted on 3/26/25 at 4:24 pm to The Egg
Well even though Biden increased tariffs and I didn't say a thing, I sure as hell will now!
Posted on 3/26/25 at 4:24 pm to The Egg
Fantastic lol. Glad I won't be needing a car any time soon
Posted on 3/26/25 at 4:25 pm to The Egg
The rental car companies will buy the cars in Mexico or Canada if cheaper, rent them out for 6-9 months keeping the miles under 25K and send them to Auction as nearly new, but definitely used cars and that will spike used car rental sales
Posted on 3/26/25 at 4:27 pm to jizzle6609
both bmw and mercedes build about half their world wide production in south carolina and alabama, every SUV they build are built in the united states.
with the exception of the G wagon.
with the exception of the G wagon.
Posted on 3/26/25 at 4:31 pm to dickkellog
I just want a 911 Turbo with an American 8.0L V8.
Posted on 3/26/25 at 4:31 pm to The Egg
Claim interest on car loan if car is made in America.
Posted on 3/26/25 at 4:31 pm to dickkellog
quote:
both bmw and mercedes build about half their world wide production in south carolina and alabama, every SUV they build are built in the united states.
With engines and transmissions from Germany. BMW for the most part anyway. Not sure on Merc.
He just made a comment that would imply those parts would be tariffed.
Posted on 3/26/25 at 4:32 pm to BuckyCheese
"Will be putting a tariff on lumber"
Posted on 3/26/25 at 4:39 pm to jizzle6609
quote:
Buh buy BMW and Mercedes
Not really how this works. There will be shortages of cars for a decent price, dealers will start marking up cars, after 2 years a chevy equinox will equivalently priced as a tariffed BMW 3 series.
It will cause inflation, and for what?
Posted on 3/26/25 at 4:40 pm to jizzle6609
quote:
Buh buy BMW and Mercedes
They are manufactured in South Carolina.
Posted on 3/26/25 at 4:41 pm to j1897
quote:
It will cause inflation, and for what?
Posted on 3/26/25 at 4:41 pm to RLDSC FAN
quote:
Fantastic lol.
fricking American Auto business is about to become more greedy.
This is a gift to BiGCorp who we continually have to bail out.
Posted on 3/26/25 at 4:42 pm to j1897
quote:
Not really how this works. There will be shortages of cars for a decent price,
Yep. Prices about to rise, profits for domestics about to go through the roof.
Posted on 3/26/25 at 4:42 pm to j1897
quote:fair pricing, fair treatment and most importantly, American jobs
It will cause inflation, and for what?
Posted on 3/26/25 at 4:43 pm to jrodLSUke
quote:
I just want a 911 Turbo with an American 8.0L V8.
Because they don’t oversteer enough for you?
Posted on 3/26/25 at 4:45 pm to RogerTheShrubber
quote:
Yep. Prices about to rise,
America first
Posted on 3/26/25 at 4:46 pm to GumboPot
quote:and Mercedes in Alabama. As a matter of fact, Germany is moving production of some of the Mercedes that were only manufactured in Germany to the Vance plant.
They are manufactured in South Carolina.
Posted on 3/26/25 at 4:47 pm to The Egg
So he is doing what Reagan did and that resulted in over 100K jobs in the USA.
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