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Ford, Mattel join growing list of U.S. companies facing profit hit from tariffs
thestreet ^ | May 6, 2025 | Martin Baccardax

Posted on 05/06/2025 7:26:30 AM PDT by lasereye

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It doesn't seem that the Trump team did any real analysis about the actual impact of the tariffs. I anticipate there will be commenters who think this is the plan, i.e. add $12K to the cost of a car. If they're right that's even worse.

They want to make deals with our trading partners but so far there are zero actual deals.

The stock market's having a bad day today - although we can partly blame that on Powell.

1 posted on 05/06/2025 7:26:30 AM PDT by lasereye
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To: lasereye

Well, Ford must be getting too many parts for their vehicles from non0ASmerican sources. I guess Ford is the one that needs to bring back the domestic sources that they helped destroy along with their American workers. Oops, bad on Ford, and you expect me to feel bad about Ford?


2 posted on 05/06/2025 7:30:39 AM PDT by Robert DeLong
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To: lasereye

Ford is hit so hard it’s stock is up 4%.


3 posted on 05/06/2025 7:31:28 AM PDT by hinckley buzzard ( Resist the narrative. )
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To: lasereye

I see you simply take at face value the part about adding $12K to the price of a car. I am not convinced it will add that much, especially with the new exemptions etc. Sounds like classic globalist scaremongering to me.


4 posted on 05/06/2025 7:32:22 AM PDT by Codeflier (Don't worry....be happy)
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To: lasereye
This'll impact Mattel's bottom line. They'll have to raise the prices of their Barbie dolls beyond their ability to sell. LOL


5 posted on 05/06/2025 7:32:38 AM PDT by Tell It Right (1 Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: Robert DeLong

Bingo


6 posted on 05/06/2025 7:34:37 AM PDT by Vaduz
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To: lasereye

Whoever thought government theft could be so bad?

Answer: smart economists.


7 posted on 05/06/2025 7:35:14 AM PDT by period end of story (Unvaxxed for my protection.)
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To: lasereye

Maybe you can explain how bad trade deals help the economy in the long run.


8 posted on 05/06/2025 7:37:16 AM PDT by libertylover (Our biggest problem, by far, is that almost all of big media is AGENDA-DRIVEN, not-truth driven.)
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To: lasereye

The stock market’s having a bad day today

The market has been yoyoing for a few months the tech stocks are up down and repeating the market is always in a panic mode

Those in the know keep saying it’s a long term when dealing with stocks for a reason.


9 posted on 05/06/2025 7:37:42 AM PDT by Vaduz
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To: lasereye

With or without pressures from tariffs, the price of new vehicles is ridiculous.


10 posted on 05/06/2025 7:42:34 AM PDT by Made In The USA (One and Two and Three and Four and)
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To: Codeflier

Yes it does


11 posted on 05/06/2025 7:55:54 AM PDT by HANG THE EXPENSE (Life's tough.It's tougher when you're stupid.)
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To: Vaduz
Actually, aren't they actually building their cars in Mexico? I don't know other than there was talk of them building them in Mexico. Are they now building them there?

If that is the case, then I have absolutely zero sympathy for them.

12 posted on 05/06/2025 8:05:08 AM PDT by Robert DeLong
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To: lasereye

Until a year ago, Hot Wheels cars have been $1.00 for over 50 years. It has been an amazing run.


13 posted on 05/06/2025 8:12:47 AM PDT by alternatives?
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To: Robert DeLong
I guess Ford is the one that needs to bring back the domestic sources that they helped destroy along with their American workers.

It sounds like you're for increasing the cost of a car by $12K.

Ford can't bring back domestic sources of parts.

14 posted on 05/06/2025 8:21:26 AM PDT by lasereye
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To: lasereye

“Ford, Mattel join growing list of U.S. companies facing profit hit from tariffs”

too bad, so sad ... companies like these have been profiting
by screwing U.S. workers for too long by having their products manufactured offshore by slave labor ...


15 posted on 05/06/2025 8:21:29 AM PDT by catnipman ((A Vote For The Lesser Of Two Evils Still Counts As A Vote For Evil))
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To: lasereye

Did they cry about the losses they had from EV sales?


16 posted on 05/06/2025 8:21:54 AM PDT by bray (It's not racist to be racist against races the DNC hates.)
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To: lasereye

That seems unlikely. The short term issues are obvious. If a business is over reliant on foreign materials and labor… now it time for them to rethink some things or eat it. Sure they can pass on some costs to the consumer , but it is still the consumer that will dictate if thats a good strat. It seems to me like large multinational companies failed to see what might happen to them if tariffs were ever increased. Politicians for a really long time were fine with status quo. Trump was elected because folks were sick of status quo. Profits from a first Q 2025 are not really a direct result of tariffs just implemented either. Cheap chinese toys are going to be hit sure…. But Fords been run like trash for a long long time.


17 posted on 05/06/2025 8:25:30 AM PDT by MrRelevant
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To: libertylover
Maybe you can explain how bad trade deals help the economy in the long run.

Did I say bad trade deals help the economy in the long run?

18 posted on 05/06/2025 8:33:50 AM PDT by lasereye
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To: lasereye
All of these financial forecasts assume that our international suppliers will add the full tariff to their product price tag, and that USA consumers will pay that price.

That is NOT going to happen.

Sales would collapse.

International suppliers will be compelled to eat at least 50% of the tariff.

If they do not, 100% of their sales will disappear!

19 posted on 05/06/2025 8:37:17 AM PDT by zeestephen (Trump Landslide? Kamala lost the election by 230,000 votes, in WI, MI, and PA.)
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To: catnipman

The automakers will either pass on $12K in costs, or if they can’t pass it on to the consumer, shut down production of some models. Paying $12K more for a car and/or layoffs are a screwy way of helping workers.


20 posted on 05/06/2025 8:38:45 AM PDT by lasereye
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