Your next car purchase is probably going to be more expensive, thanks to President Donald Trump.
Around 5.3 million vehicles are built in Canada and Mexico, 70 percent of which are destined for the United States. Those vehicles will soon be subject to 25 percent tariffs, which were just announced by the Trump administration.
And the companies paying the higher price to import those vehicles are very likely to pass that cost along to the consumer — to you.
nopoonintended on
Bought a brand newcar end of November and now hoping it keeps its value better as a result lol
Down_To_My_Last_Fuck on
Bracing to fuck their customers to their maximum benefit and blame it on the tariffs is what they meant to say.
big_dog_redditor on
You can sure as shit bet my next few cars wont be American. And the best part is this is only going to hurt poor Americans, not the really rich. So many idiots!
Heisenberg_Wernher on
Plot twist: This isn’t about ‚protecting American workers‘ or ‚unfair Canadian subsidies‘ – it’s about Trump being Elon’s little errand boy. This is all Elon’s elaborate scheme to make Tesla’s $50k Model 3 look like a ‚budget option‘ when all other car prices double. Tesla has mostly vertically integrated their supply chain so this will make it the ‚affordable American-made option‘.
love_glow on
With skyrocketing car value comes skyrocketing insurance premiums. Fuck.
niberungvalesti on
Only a Republican President could institute a straight tax increase on Americans within two weeks in office.
OpineLupine on
Trump’s tariffs ~~fuck~~ *will negatively impact* American consumers, American manufacturers, American workers, our supply chain partners in Canada and Mexico, and all of the foreign automobile manufacturers we convinced to build plants in the US to employ American workers.
* Hyundai has a plant in Alabama.
* Honda has plants in Ohio, Indiana, and Alabama.
* Toyota has plants in California, Kentucky, Missouri, Indiana, West Virginia, Alabama, Tennessee, Texas, Mississippi, and North Carolina.
* BMW has a plant in South Carolina.
* Mercedes has a plant in Alabama.
* Volkswagen has a plant in Tennessee.
All of them have supply chain partners in Mexico and/or Canada.
PontiacMotorCompany on
Hopefully domestic competitors are allowed to flourish with the reduction of regulations. That’s the only way these tariffs will work.
DOfferman7 on
Lol, none of you losers can afford a new car anyways…
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Your next car purchase is probably going to be more expensive, thanks to President Donald Trump.
Around 5.3 million vehicles are built in Canada and Mexico, 70 percent of which are destined for the United States. Those vehicles will soon be subject to 25 percent tariffs, which were just announced by the Trump administration.
And the companies paying the higher price to import those vehicles are very likely to pass that cost along to the consumer — to you.
Bought a brand newcar end of November and now hoping it keeps its value better as a result lol
Bracing to fuck their customers to their maximum benefit and blame it on the tariffs is what they meant to say.
You can sure as shit bet my next few cars wont be American. And the best part is this is only going to hurt poor Americans, not the really rich. So many idiots!
Plot twist: This isn’t about ‚protecting American workers‘ or ‚unfair Canadian subsidies‘ – it’s about Trump being Elon’s little errand boy. This is all Elon’s elaborate scheme to make Tesla’s $50k Model 3 look like a ‚budget option‘ when all other car prices double. Tesla has mostly vertically integrated their supply chain so this will make it the ‚affordable American-made option‘.
With skyrocketing car value comes skyrocketing insurance premiums. Fuck.
Only a Republican President could institute a straight tax increase on Americans within two weeks in office.
Trump’s tariffs ~~fuck~~ *will negatively impact* American consumers, American manufacturers, American workers, our supply chain partners in Canada and Mexico, and all of the foreign automobile manufacturers we convinced to build plants in the US to employ American workers.
* Hyundai has a plant in Alabama.
* Honda has plants in Ohio, Indiana, and Alabama.
* Toyota has plants in California, Kentucky, Missouri, Indiana, West Virginia, Alabama, Tennessee, Texas, Mississippi, and North Carolina.
* BMW has a plant in South Carolina.
* Mercedes has a plant in Alabama.
* Volkswagen has a plant in Tennessee.
All of them have supply chain partners in Mexico and/or Canada.
Hopefully domestic competitors are allowed to flourish with the reduction of regulations. That’s the only way these tariffs will work.
Lol, none of you losers can afford a new car anyways…