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re: Car prices set to sky rocket after 25% tariff on Steel and 10% on Aluminium

Posted on 3/2/18 at 11:34 am to
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123945 posts
Posted on 3/2/18 at 11:34 am to
quote:

Those will go up about $100 to $200 dollars.
That, BTW, is worst case scenario.
Posted by tiger 56
Severn, MD
Member since Dec 2003
1683 posts
Posted on 3/2/18 at 11:34 am to
quote:

Leftists are worse than cottonmouths...


Cottonmouths are mean.
Leftist are dumb.
Posted by SirWinston
PNW
Member since Jul 2014
81824 posts
Posted on 3/2/18 at 11:34 am to
My Lexus is like 67% plastic, 27% leather, 5% rubber and 1% metal

My Previous Chevy company car was like 100% plastic
This post was edited on 3/2/18 at 11:35 am
Posted by Loserman
Member since Sep 2007
21909 posts
Posted on 3/2/18 at 11:34 am to
quote:

Those will go up about $100 to $200 dollars.

quote:

So would you call that "crumbs"?


Nancy would call that significant.
Posted by Iosh
Bureau of Interstellar Immigration
Member since Dec 2012
18941 posts
Posted on 3/2/18 at 11:34 am to
quote:

My Lexus
fricking lol
Posted by stuntman
Florida
Member since Jan 2013
9103 posts
Posted on 3/2/18 at 11:35 am to
quote:


No I call that fighting back to unfair trade practices


Its unfair that we get products/materials at lower costs that they would otherwise be, so let's make it "fair" by taxing our entire society for the benefit of a few domestic companies.

Brilliant.
Posted by ngadawg250
Northwest Georgia
Member since Nov 2012
1000 posts
Posted on 3/2/18 at 11:35 am to
quote:

The American citizen won't pay for near as much welfare.



Sounds like a win/win to me.
Posted by jptiger2009
Baton Rouge
Member since Feb 2009
9616 posts
Posted on 3/2/18 at 11:36 am to
quote:

Actually carbon fiber


$$$
Posted by jptiger2009
Baton Rouge
Member since Feb 2009
9616 posts
Posted on 3/2/18 at 11:39 am to
quote:

My Lexus


no one gives a shite about your '96 lexus
Posted by MrLarson
Member since Oct 2014
34984 posts
Posted on 3/2/18 at 11:40 am to
quote:

Brilliant.


What is brilliant is a society that doesn't know how to do jack shite but play on a phone.

We should be able to be self reliant and we are losing that.
Posted by SirWinston
PNW
Member since Jul 2014
81824 posts
Posted on 3/2/18 at 11:42 am to
Cabernet interior, baw. Leather so soft
This post was edited on 3/2/18 at 11:48 am
Posted by Haughton99
Haughton
Member since Feb 2009
6124 posts
Posted on 3/2/18 at 11:42 am to
quote:

And The industry has stated that they won't pass on all of that to the US consumer.




Link?
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 3/2/18 at 11:48 am to
quote:

The American citizen won't pay for near as much welfare.
Except that ALL American citizens will be paying for this corporate welfare.

The UAW appreciates your joining with them on their long-time policy supporting import tariffs.
Posted by GumboPot
Member since Mar 2009
118844 posts
Posted on 3/2/18 at 11:52 am to
If a trade war can be avoided that all the “free” traders are predicting another positive aspect of these tariffs is they act like a consumption tax. Something I’m very supportive of because it’s effectively a voluntary tax.
Posted by CptBengal
BR Baby
Member since Dec 2007
71661 posts
Posted on 3/2/18 at 11:53 am to
quote:

So would you call that "crumbs"?


What a freaking absurd statement here. Do you buy a car monthly? Do you buy a car yearly?


excuse the communist Losh.
Posted by goatmilker
Castle Anthrax
Member since Feb 2009
64366 posts
Posted on 3/2/18 at 11:56 am to
Yes. Wave the destination charge lol
Posted by Tiger Prawn
Member since Dec 2016
21908 posts
Posted on 3/2/18 at 11:58 am to
quote:

2- Beer set to go up .005 cents per can


Well frick, now I won't be able to afford Bud Light and gonna have to switch back to Natty Light. To the pit of misery
Posted by Jjdoc
Cali
Member since Mar 2016
53472 posts
Posted on 3/2/18 at 11:58 am to
quote:

but $100 a month in the consumer's pocket vs spending another $100-$200 on a purchase isn't really the same thing.


Exactly
Posted by Jyrdis
TD Premium Member Level III
Member since Aug 2015
12799 posts
Posted on 3/2/18 at 11:59 am to
Now do the analysis on the rest of the economy, when Americans have to divert money from other goods to pay for these newly higher priced goods.
Posted by Jjdoc
Cali
Member since Mar 2016
53472 posts
Posted on 3/2/18 at 12:03 pm to
quote:

While it is true the automakers like General Motors source 90 percent of their steel and aluminum from suppliers here in North America, the concern is what happens to the global price of those commodities. Even if steel and aluminum prices go up due to trade war, Mark Reuss, who oversees product development of purchasing for GM, is not sure it would lead to higher prices in the showroom.

"I'm not sure that we would pass, dollar for dollar, those price increases on to the consumer," Reuss said. "We are here to offset any of those material costs increases or approaches."

Reuss points out GM is focusing on a mixed material strategy for building its cars and trucks. That means a greater use of materials such as lightweight carbon fiber in building new vehicles.


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