Embargo? Is that your newest idea?
But every factory in the USA has excess capacity to some extent. In the auto industry there is a lot of excess capacity.
Maybe not anymore. That's why they lost so much before and during the crisis. Maybe 1rudeboy can discuss capacity?
So after the initial shock more shifts are added and domestic production increases and prices go down.
Yes, at some point the $10,000 car tariff would boost domestic production and maybe we'd end up with cars $5000-$8000 more expensive than before?
So even if you never bought a foreign car in your life, the tariff would still cost you money.
You seem incapable of any kind of academic or theoretical discussion. You've done this before. Why are you like that? It is weird and makes discussion with you devolve into mud throwing contests.
I can’t speak for excess capacity. But a plant making pickup trucks can’t just magically begin making compact cars.