@writerswrite_right2341
People want "Made in America" products, but have no idea what that means or how expensive it would be.
@MilenniumFalcon5150
Why does every American News outlet say ”some of the cost Will be paid by the consumer”. Every cent that is added Will be paid by the consumer.
@cnxexpat1862
Trump 2019: I just signed the best trade contract ever with Canada. Trump 2025: The trade contract with Canada is the worst trade contract ever and is totally unfair.
@peterlarsen7779
I can easily see these tariffs increasing the sales of used cars, SUVs, pick-ups, motorcycles etc etc, while at the same time driving up the price of them due to supply and demand as they get sold.
@Verdadero_sera
So even fentanyl has to be made in the USA. Wow
@collydub1987
Remember, this is ONE industry.
@alexzicker
so the USA has its own Brexit
@martinsriggs2441
Not long ago, I was talking to someone who used to stress out every time new trade tariffs or policy changes hit the news. Back then, they were constantly adjusting, reacting, and trying to keep up with all the economic rules that kept shifting. But this time, they seemed completely unfazed.
@williammullen8138
Let’s call this what it really is - a national sales tax. That’s right, Trump just raised your taxes.
@daslupus4303
Once the price of stuff goes up, it rarely comes back down. This is going to be the new baseline.
@arifsaifee4146
UK Brexited itself in 2020 & is still paying the price & the conservatives who made it happen were kicked out in rage. The US now is Brexiting itself from the rest of the world. Lets see if history repeats.
@arercon
Time that the EU put a big tax on Tech Companies who make billions here but use loopholes to pay only a fraction of the taxes they should do!
@CraZyNOTRT
Also, don't forget your insurance is going to go up to cover the increased cost to repair and or replacement of the vehicle.
@Cesarlupercio
I work at a GM assembly plant in Ramos Arizpe, in northern Mexico. Workers on the production line earn around $95 USD per week for 50 hours of work—roughly the equivalent of 5-6 hours of wages for a U.S. worker. Nearly all of the production from this plant is exported to the U.S., including the Blazer EV, Equinox EV, Cadillac Optiq, and many components for the Silverado EV. If these vehicles were manufactured in the U.S. at the average local wage, their final cost would far exceed the impact of a 25% tariff. In the end, it’s the consumer who will bear the burden of these increased costs.
@madhavyu
Why is Trump waiting till 4 o'clock to roll out his new tariffs? Because markets would drop like a rock.
@deebarnard5439
Whoever thought that a man who bankrupt a casino or two was a great idea to put in charge of the biggest economy in the world?
@ChaoYangMF
He will be gone in 4 years they will not build new plants-they will just pass the cost on to the public.
@PASCALDAB
Tariffs led to increase in costs of finished goods and components used throughout US manufacturing. This will be an immediate and huge hike in inflation. To fight inflation the Fed will have to hike interest rates which will be wonderful for the billionaires but possibly take away the middle class. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun..
@guinness770
I work in aerospace, you can't just change a supplier at will. There is getting parts to spec, plus so much more. It will take numerous yrs to change, plus getting new plants. This is crazy.
@wsj