Fixed it!
At a time when we “can” afford it, he does it. For the first time in my life, we’re actually negotiating trade from a good position, and with our negotiators knowing and using the fact.
The car manufacturers have already beaten Trump to limiting choices.
Germany is pleading with the EU to get the tariffs dropped on American automobiles.
Fine and if the President cut the communist EPA fuel regulations and other mandates out it would drop the price of our cars to lower than they are today. Block China’s trade advantage and get the Federal Government out of our auto industry. Cars will be cheaper, better than ever and Americans will be employed building them.
Snore
Whiners whining
Sky is falling
China cheats like breathing air
Their markets could not be more closed
This guy is an idiot. How is going to boost car prices? Maybe on cars imported here, but the American consumer can decide what they wish to buy. Prices of cars here, might even go down.
The country finally has a President who fights for American interests and thus for the prosperity of the American people.
What’s up with that?
Didn’t he get the memo that the standard approach to trade is to surrender and sell out Americans in order to cater to globalism?
Boo freakin’hoo!
Until the other nations give in, and end their tariff and non-tariff restrictions on U.S. exports, where Trump will then lower ours.
We have seen from even before NAFTA “negotiations” on “free trade” have not produced RECIPRICAL free trade, and thereby not worked in the U.S. interest. They have instead cartelized special interests in the negotiaing countries, with each country protecting something, and making trade offs with each other over that. That has been a losing proposition for U.S. exports. It not only has not given is any advantages in trade, it has not even been reciprocal in terms of providing proportional interest.
Let me make a case about autos.
What is the rate of Japanese impport of American cars and American cars made in Japan, versus Japanese cars imported to here or made here? Autos have been a losing proposition for us with Japan. We could say to Japan that we will not limit to a certain number the cars imported from Japan or made here by Japanese companies. Instead we will allow Japanese automakers to either import to here or make here cars equalling a percantage of the U.S. market equal to the percentage of the Japanese market that U.S. cars have. That would be reciprocity proportionate to each market.
The consequence of not taking action is to ultimately have no auto industry in the USA. Look at Australia. GM closed production in Australia in favor of China.
https://www.autoblog.com/2017/10/20/the-last-holden-gm-closes-plant-ends-australia-auto-production/
The US won World War II because it had a manufacturing base that could be converted to supplying war equipment. Clothing, vehicles, aircraft, munitions, ships, tires, steel, aluminum. Today the nation does not have the manufacturing base to cloth even the military, much less the population. Losing the textile business supporting the apparel industry means our nation has no domestic fabric for parachutes, vehicle seat covers, tarps, sleeping bags, blankets, tents, etc. Lose the auto industry and there will be no factories in which to build jeeps, trucks, and other vehicles to support a war. Completely eliminate steel and aluminum production in the US and there will be no raw materials to make vehicles, ships, aircraft, and guns. Eliminate the 2nd amendment and the domestic firearms industry goes away which means no factories to make guns and ammunition in wartime.
Being self sufficient for food, clothing, and raw materials for production means the nation is not vulnerable to having overseas supplies cut by blockade or a hostile nation. Consider what would happen if a hostile China cut off the supply of manufactured goods to the US today. The nation does not have the manufacturing capacity to produce its own clothing, electronics, steel, and many other essential consumer and industrial items it gets from China.
China is at war with the US. Its goal is to pick off industries one by one. The apparel, textile, furniture, and much of the consumer products businesses are gone. It is now going after food, pharmaceuticals, steel, electronics, aircraft, and auto industries. If we do nothing, those industries will be gone in 10 years.
Trump, the Russians, and the Chinese understand the national security implications of supporting through tariffs the domestic industries critical for national defense. The Congresscritters, journalists, and CEO’s who are against Trump’s trade policy are apparently not concerned about national security.
Consider this. With our industrial base today, we could not fight World War II. Consider the implications for a 21st century war against China or Russia.
More mass media Anti President Trump paranoia.
So then cars made in the US would be more affordable than ones made in China or Germany? What’s the problems with that?
Limit choices.
SNORT.
Thanks to endless regulations the nanny state has been limiting choices for decades.
By imposing the tariffs, that would require manufacturers in the U.S. to rely on American parts to manufacture their vehicles rather than import them from China, Mexico and other areas.
The auto manufacturing industry as well as other manufacturing within the US are just assemblers of imported parts.
Threats of tariffs are not tariffs. This is a negotiating tactic designed to make it painful enough that other countries drop their tariffs.
Funny how this is an issue just now.
Where were these guys when Obama raised the CAFE standards to unrealistic levels on an unrealistic timetable. This directly caused car prices to increase and directly limited choices. There are many models (Toyota 4Runner, for example) where you always had a V8 option and now you don't, in the company's effort to increase their fleet mileage standards.
So, once again, selective outrage by those who were dead silent during the Obama fiasco, and now crow like magpies at anything Trump does.