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Thread: Imported Cars A Threat to National Security

  1. #31
    "GM and Ford and FiatChrysler have plants in Mexico. The American 1500 series trucks they build there are shipped here. They are objectively imported. Should they be tariffized?"

    Yes, it is not about ownership of a particular company, but where the work is done.
    Pfizer Macht Frei!

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  3. #32
    Quote Originally Posted by Swordsmyth View Post
    It isn't over yet.
    It isn't showing any signs of progress.



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  5. #33
    Quote Originally Posted by Zippyjuan View Post
    It isn't showing any signs of progress.
    Yes it is.
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  6. #34
    Quote Originally Posted by Swordsmyth View Post
    Yes it is.
    What tariffs have been reduced or eliminated under Trump?

  7. #35
    Quote Originally Posted by Zippyjuan View Post
    What tariffs have been reduced or eliminated under Trump?
    The Chinese are reducing their tariffs on cars for one.
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  8. #36
    Quote Originally Posted by Swordsmyth View Post
    The Chinese are reducing their tariffs on cars for one.
    Big impact there.

    https://www.nbcnews.com/business/bus...-times-n876346

    China agrees to slash car tariffs — but it's still six times more than the U.S. pays

    At 15 percent, Chinese automotive tariffs will still be six times higher than what the U.S. charges on almost all vehicles.

    China is slashing tariffs on imported passenger vehicles, cutting the tax from 25 percent to 15 percent in response to increasing trade pressures from President Donald Trump and his trade advisors — but that tax is still six times higher than what the U.S. assesses on imported cars, and Trump said he is "not satisfied" with the trade talks, telling White House reporters Tuesday that the negotiations were just a start.

    Trump's comments came as South Korean President Moon Jae-in visited the White House to discuss next month's summit on North Korea.

    The reduced tariff, which will come into effect July 1, comes as the U.S. and China move to head off the threat of a trade war. Last month, Trump pointed specifically to automobiles in a series of tweets, one of which lambasted what he called “STUPID TRADE.”

    China is the world’s largest automotive market, with sales rising to about 24 million vehicles in 2017 compared to 17.2 million in the United States. Imports, however, are barely a single-digit share of the Chinese market, with American-made vehicles generating just $10.5 billion in sales in 2017, or around 300,000 vehicles, according to U.S. trade data.
    Even if the tariffs subsequently were cut to a figure closer to what the U.S. levies, Sullivan said most manufacturers would limit exports to China because of the “build-where-you-sell approach” that dominates the industry these days.
    Most US cars sold in China are made in China.
    Last edited by Zippyjuan; 05-26-2018 at 04:14 PM.

  9. #37
    Quote Originally Posted by Zippyjuan View Post
    Originally Posted by Swordsmyth
    It isn't over yet.
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  10. #38
    Quote Originally Posted by Swordsmyth View Post
    Originally Posted by Swordsmyth
    It isn't over yet.
    To date, the "Deal Maker" has shown a large lack of any deals. He has been better at walking away from them than negotiating them.

  11. #39
    Quote Originally Posted by Zippyjuan View Post
    To date, the "Deal Maker" has shown a large lack of any deals. He has been better at walking away from them than negotiating them.
    So far the deals needed to be walked away from, if you don't walk away from bad deals you will never get a good one.
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  12. #40
    Quote Originally Posted by Swordsmyth View Post
    So far the deals needed to be walked away from, if you don't walk away from bad deals you will never get a good one.
    If you show you are not willing to honor existing deals, others will be less willing to sign a new deal with you- believing that you will not honor its terms either- making you untrustworthy. Not a good tactic.



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  14. #41
    Quote Originally Posted by Zippyjuan View Post
    If you show you are not willing to honor existing deals, others will be less willing to sign a new deal with you- believing that you will not honor its terms either- making you untrustworthy. Not a good tactic.
    When we have been sold out by leaders for as long as anyone can remember we have to break the old deals, anything else is less important.

    You might as well tell a slave that if he takes up arms against his master that no one will ever be able to trust him to do any work that he hires out to do.
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

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