Donald Trump announced plans to impose sweeping 25% tariffs on cars from overseas on Wednesday, days before the US president is expected to announce wide-ranging levies on other goods from around the world.
“What we’re going to be doing is a 25% tariff for all cars that are not made in the United States,” Trump said in the Oval Office. “We start off with a 2.5% base, which is what we’re at, and go to 25%.”
The announcement drew swift condemnation from the European Union and from the Canadian prime minister, Mark Carney, who called it a “direct attack” on Canadian workers. “We will defend our workers, we will defend our companies, we will defend our country, and we will defend it together,” Carney said.
Fun fact, most of the cars made in the US are from foreign manufacturers.
Domestic manufacturers produce their cars in Mexico and Canada.
I’m going to laugh when F150s and shit skyrocket in price while Ridgelines and Tacomas drop.
You mean like they already did?
I’m not sure what the fuck they’ve been thinking but all three domestic automakers priced their trucks so high they couldn’t get them off the lot.
Yeah, I have noticed that the Honda and Toyota dealers near me are usually pretty empty, while the domestic brands are pretty full.
Looks like I won’t have a problem finding a quality car then