Posted on 03/17/2025 12:04:05 PM PDT by E. Pluribus Unum
The line fell silent.
In a phone call from the Oval Office, President Trump had just delivered unwelcome news to three of America’s most powerful auto executives: Mary Barra of General Motors, John Elkann of Stellantis and Jim Farley of Ford.
Everyone needs to buckle up, Mr. Trump said on the call, which took place in early March. Tariffs are going into effect on April 2. It’s time for everyone to get on board.
The auto chiefs, like the leaders of other industries, had been arguing that Mr. Trump’s 25 percent tariffs on cars coming from Canada and Mexico would wreak havoc on their supply chains and blow a hole through their industry. They had won a concession of sorts when Mr. Trump agreed to give them a one-month reprieve, until April 2.
But now, the Big Three automaker chiefs seemed to realize there was no point in fighting for more. They had gotten as much as they were going to get.
For corporate America, including some major donors, the shock of Mr. Trump’s second term is that it turns out he really does believe the thing he’s been saying publicly for 40 years: Foreign countries are ripping America off, and tariffs are a silver bullet for America’s problems. When he says that “tariff” is the most beautiful word in the dictionary, he means it.
To Mr. Trump, tariffs are not merely a negotiating tool. He believes they will make America rich again. And they combine two of his favorite features of the presidency: They are a unilateral power that he can turn on or off on a whim, and they create a begging economy, forcing powerful people to come before him to plead for mercy.
This account is based on interviews with more than a dozen Trump administration...
(Excerpt) Read more at nytimes.com ...
Just another way of saying "FJB."
I never even heard of Stellantis.
They bought Chrysler.
Stellantis used to be Chrysler after they merged with an Italian company
“I never even heard of Stellantis.”
Also known as Fiat-Chrysler.
Manufacture here in America.
Employ Americans.
Pay good wages.
It’s not rocket science. That’s Elon’s area.
What companies are sending cars to our country? Tell them no taxes when the open plants here.
Stellantis is a French/Italian (Fiat) company that bought out Chrysler/Jeep years ago.
European auto conglomerate that is now the parent of Dodge, Chrysler, Jeep, and Ram trucks.
Thanks.
I never bought a Dodger or Chrysler or Plymouth.
Abarth
Alfa Romeo
Chrysler
Citroën
Dodge
DS Automobiles
Fiat
Jeep®
Lancia
Maserati
Opel
Peugeot
Ram
Vauxhall
Free2move
Leasys
Consider yourself lucky.
Bump for bumpy road ahead.
> I never even heard of Stellantis. <
They own Chrysler, among many other brands. And they have a reputation for very poor quality-control.
https://autotrends.org/stellantis-brands/
They wake Haberman up from her crypt to participate in these pieces.
Jeeps used to be as reliable as a Chrysler product, but now they’re right up there with Fiat.
These manufacturers should not be building poor quality cars in Mexico.
These manufactures should have not caved to the Biden’s EPA.
In the early 1970’s I fell in love with the Alfa Romeo convertible. Then I heard about how expensive the repairs could be and I fell out of love. I bought an MG TF1500 instead.
I have been hearing that new inventory has been piling up for awhile and the big problem was nobody was buying. Seems like Tariffs would be a great way to get rid of all those cars right? What am I missing?
NYT=BS
The car makers are getting relief from the impossible CAFE standards they had to try to meet. That is worth way more than the impact the tariffs will have on them. They dodged a full magazine of bullets when that idiot Harris lost.
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