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re: Our President is going to tax Europe now! E.U. BTFD! America First!

Posted on 3/3/18 at 5:19 pm to
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123779 posts
Posted on 3/3/18 at 5:19 pm to
Interesting thread.

The EU taxes US automobile imports at 400% the rate we tax theirs. They also include superfluous protectionist regulations. Trump notes that fact, and notes that it costs US jobs and prosperity. He's unquestionably right.

Maybe this leads to a trade war. Maybe not. Regardless, midwest industrial areas understand and relate to Trump's effort. The politics of it are unmistakeable.

As rust-belt blue-collars cheer the move, Dems go into rabid TDS conniptions. In this thread mmmmmbeeer and Cruiserhog are perfect examples.

As with inexplicable Dem anti-tax-cut rage, this will involve further electorate realignment.

IMO, TDS has allowed Trump an avenue to similar inroads with DACAs
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
71339 posts
Posted on 3/3/18 at 5:24 pm to
quote:


We need to tax the cars they build here also.



I don't know about you, but taxes were paid on my car
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
259906 posts
Posted on 3/3/18 at 5:26 pm to
quote:

We need to tax the cars they build here also.


The socialist approves of a trade war
Posted by Wtxtiger
Gonzales la
Member since Feb 2011
7257 posts
Posted on 3/3/18 at 5:28 pm to
quote:

In this thread mmmmmbeeer and Cruiserhog are perfect examples.


These two are stupid arse Marxist
We will deal with their kind in due time.
Be patient and keep stocking up on LAP’s
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123779 posts
Posted on 3/3/18 at 5:36 pm to
quote:

We need to tax the cars they build here also.
I can speak from experience; they are taxed .... bigly.
Posted by cahoots
Member since Jan 2009
9134 posts
Posted on 3/3/18 at 5:39 pm to
Just so this board is aware, the US already imposes a 25% tariff on foreign trucks and commercial vans, clearly a nod to the US truck industry. Those are the top selling vehicles in our country. Trump likes to leave this detail out.

We also impose a smaller 2.5% tariff on foreign passenger cars.

On the other end of things, Ford and GM produce tons of cars in various parts of the EU. In general, these cars do not get any additional tariffs between EU countries.
This post was edited on 3/3/18 at 5:41 pm
Posted by goatmilker
Castle Anthrax
Member since Feb 2009
64195 posts
Posted on 3/3/18 at 5:41 pm to
quote:

He punches the world,


Oh do explain that
Posted by cahoots
Member since Jan 2009
9134 posts
Posted on 3/3/18 at 5:45 pm to
quote:

They sell the BMWs at 0 tax and those dollars get pulled out of our economy.


Nope. Wrong.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123779 posts
Posted on 3/3/18 at 5:50 pm to
quote:

On the other end of things, Ford and GM produce tons of cars in various parts of the EU. In general, these cars do not get any additional tariffs between EU countries.
Irrelevant as EU cars, SUVs, or trucks produced here "do not get any additional tariffs" either.

Apples-to-Apples, the EU taxes US automobile imports at 400% the rate we tax theirs.
Posted by Bass Tiger
Member since Oct 2014
45986 posts
Posted on 3/3/18 at 6:01 pm to
quote:

Is there an imbalance? We tax certain items at higher rates, they tax others at a higher rate. If there is an imbalance is it worth the risk of reducing trade? Hell, inbalance or not the best way to handle tariffs are to reduce them or get rid of them completely on both sides.



Breakdown by country of US trade imbalance.

This post was edited on 3/3/18 at 6:02 pm
Posted by JohnnyU
Florida
Member since Nov 2006
12350 posts
Posted on 3/3/18 at 6:37 pm to
quote:

We love Our President!



Actually 65% think he’s an a-hole.
As for the genius who asked about our trade deficit it because we don’t make much (other than guns) to export.
Posted by Chili Dawg
Member since Sep 2012
730 posts
Posted on 3/3/18 at 6:54 pm to
quote:

JohnnyU


Whose poll is that? I heard this shite before the election. Thank GOD the Russians were able to get him in office with such horrible ratings.

Posted by VOLhalla
Knoxville
Member since Feb 2011
4390 posts
Posted on 3/3/18 at 7:27 pm to
I was referring to any tax imbalance, not total trade. Basically, as a whole, does the EU tax imports from the US at a higher percentage than the US taxes imports from the EU?

I know the average tariff percentage is 3% for trade going both ways combined, but I haven’t seen it broken down by direction.
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