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Volvo, GM among automakers that just announced more investment in American manufacturing in response to Trump's tariffs
Not The Bee ^ | April 03, 2025 | Staff

Posted on 04/03/2025 7:41:30 PM PDT by Red Badger

I regret to inform all the libertarians and the neo-cons, but the Trump tariffs are still working.

Wow! If you make it unaffordable to import from overseas then companies will start making new jobs for Americans, making everyone wealthier! Who could have seen that coming?

Sweden's Volvo Cars, owned by China's Geely, will increase its production of vehicles in the United States and probably produce an additional model there, following US President Donald's Trump's introduction of tariffs, its CEO told media Thursday ...

'We will have to increase the number of cars we build in the US, and surely move another model to that factory,' CEO Hakan Samuelsson told Bloomberg.

Samuelsson recently took back over the car manufacturing arm of Volvo on April 1 and this was one of his first moves. It's a response to Trump's 25% tariffs on cars manufactured outside of the US.

The details of what production they will be adding to US plants and how much they will invest are not out yet, but it is clear that Volvo thinks it's worth it to avoid Trump's tariffs to start ramping up production in America, adding to the cars already being produced in South Carolina.

Also, GM made a similar announcement today as well.

๐Ÿšจ TRUMP EFFECT: General Motors just announced it will increase truck production at its assembly plant in Fort Wayne, Indiana, in light of President Trump's tariffs.

The company will also increase overtime and hire additional workers. pic.twitter.com/kvrUJToGFUโ€” Rapid Response 47 (@RapidResponse47) April 3, 2025

Add to that Ford, which is not raising prices like the doomers suggested.

They're cutting prices because they can compete with foreign-made cars now.

The โ€œexpertsโ€ told us that tariffs would be passed on the consumers as massive taxes.

Ford just announced employee pricing to all U.S. customers for the next few months.

Trump was right again. Americans are not bearing the brunt of these tariffs. pic.twitter.com/FWs2DY2je9โ€” johnny maga (@_johnnymaga) April 3, 2025

But the stocks are down! Oh no! Guys, it'll be okay.


TOPICS: Business/Economy; Government; Politics; Society
KEYWORDS:

1 posted on 04/03/2025 7:41:30 PM PDT by Red Badger
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To: Red Badger

But... but... Stellantis!


2 posted on 04/03/2025 7:45:54 PM PDT by E. Pluribus Unum (Democrats are the Party of anger, hate and violence.)
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To: Red Badger

Volvo will only make EVs in USA.


3 posted on 04/03/2025 7:47:33 PM PDT by jjotto ( Blessed are You LORD, who crushes enemies and subdues the wicked.)
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To: jjotto

China owns Volvo?

No thanks.


4 posted on 04/03/2025 7:57:43 PM PDT by Texas resident ( We finally have an American President again)
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To: Red Badger

Nice


5 posted on 04/03/2025 8:03:23 PM PDT by GOPJ (Cheaper for Soros to 'rent a small mob' for Town Halls than buy BLM thugs to burn down cities. )
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To: Red Badger

Freeper TDS Turds hit hardest.๐Ÿ˜‚


6 posted on 04/03/2025 8:03:44 PM PDT by MotorCityBuck (Keep the change, you are filthy animal! Re )
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To: Red Badger

It’s work, it’s working...IT IS WORKING!!!!!!!!!!!!!!!!!!!!!


7 posted on 04/03/2025 8:18:33 PM PDT by nopardons
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To: Red Badger

So we’re gonna hand pick the stories that make this seem like it’s all already just dandy? :)

Wow.

It very well could be, but idiotic assumptions baased on one or two articles is embarassing for a group that prides itself on desiring real proof s something is working before jumping the gun.

Even the most ardent econoimist in favor of Trump’s tariffs says it will take 6 to 18 months to know if it worked.

But a few here know better :)


8 posted on 04/03/2025 11:28:03 PM PDT by dp0622 (Tried a coup, a fake tax story, tramp slander, Russia nonsense, impeachment and a virus. They lost.)
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To: dp0622

This has been an ongoing problem.
https://www.breitbart.com/politics/2025/04/03/watch-nancy-pelosi-in-1996-assails-u-s-free-trade-with-china-is-this-reciprocal/
Even Nancy Pelosi knew
Whether it will work or not (there are many rooting against this) time will tell. Could be too late. But what I do know that what we are doing now is not.
Stop rolling down hill like a snowball headed to hell.


9 posted on 04/04/2025 4:57:41 AM PDT by griswold3 (Truth Beauty and Goodness)
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To: MotorCityBuck

With the UK’s Deep State a close second...


10 posted on 04/04/2025 4:58:29 AM PDT by mewzilla (Swing away, Mr. President, swing away!)
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To: dp0622

It won’t take that long.

Biz can’t afford to wait.

That’s why we’re seeing the results Trump predicted already.


11 posted on 04/04/2025 4:59:50 AM PDT by mewzilla (Swing away, Mr. President, swing away!)
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To: dp0622

Plus there’s something you haven’t figured in.

While we’re turning in the right direction, most of the the rest of the world is not.

Europe just announced it’s going after Elon Musk to the tune of a billion bucks.

If you’re a corporation and you see that, where will you invest long term, hmmmm...?


12 posted on 04/04/2025 5:02:57 AM PDT by mewzilla (Swing away, Mr. President, swing away!)
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