Is this tariff on domestic classics?
We need to exempt anything that I personally purchase from the ravages of tariffs. But the stuff other people buy? That’s fair game.
Typical Trump hate driven STUPID article and point.
“Take a vintage car at auction in Germany with a price of $1 million. Today, a dealer like Hyman would buy the car for a U.S. client and import it with duties that currently run about $30,000. “
That kind of classic car is a very small part of the classic car market. The domestic classic car market is unaffected, but does the article say that?? Of course not.
I HATE these constant lies of omission from the media.
Car collectors are going to have to take some short term pain for Team America. When our exports are taxed at the same rate that we tax foreign imports, we will finally have an even playing field, something that the Chamber of Commerce & the GOPe have intentionally given away.
Cheap, crappy after market parts from Asia?
Soon, foreign nations will drop their tariffs on US exports to get access to US markets.
My 1967 Cougar is going to be worthless!?
I hate Trump! Hate, hate, HATE him! Why, oh why, didn’t I vote for Bernie Sanders? That guy knows business.
B$. A 100% tariff would not stop these collectors they are used to overpaying for junk.
The future of many collector parts is 3d printing. Download the plans, take them to Kinkos, or order from a company that has the plans and the printer, and you are done. Foreign entities unneeded.
Just got rid of my ‘93 Geo. Just in time :)
Classic example of CBS thinking, Trump supporters like old cars, scream that part will get expensive and that will cause us to vote for the opposition.
The larger market that they are attempting to protect is Chinese reproduction auto parts for current vehicles that body shops purchase for car repairs. Those fake non-OEM parts generate a lot of revenue for body shops who charge customers and insurance companies full OEM price for them.
Collectible cars have been looking like a bubble to me for several years and are overdue for a crash anyway. Sounds like somebody’s searching for something even remotely plausible to blame Trump for ahead of the curve, to me.