Trump: We are going to put a 25% tariff on every car from the European Union (Obama, percent)

[AnUnidentifiedMale]

https://www.cnbc.com/2018/08/21/trum...ean-union.html

In other words, he wants to severely restrict competition. He's practically a Communist at this point.

[HockeyMac18]

Originally Posted by AnUnidentifiedMale

https://www.cnbc.com/2018/08/21/trum...ean-union.html

In other words, he wants to severely restrict competition. He's practically a Communist at this point.

It is interesting to see (supposed) right-wing people cheer on something that is usually a far-left idea.

And yes, I think it is a dumb idea.

[okcthunder1945]

It will match the tariff we put on the most popular selling vehicle type in the US, trucks and SUVs. Uncle Trump told you the US has a 25% on light trucks right?

[phma]

Originally Posted by AnUnidentifiedMale

https://www.cnbc.com/2018/08/21/trum...ean-union.html

In other words, he wants to severely restrict competition. He's practically a Communist at this point.

Its right there in your link OP.

The president has said he could impose tariffs of 20 to 25 percent on auto imports.


He could do that. He is in negotiations.

[kimchee]

Nice deflection, but no, this isn't to stop ppl from talking about the guilty verdicts today.

At any rate, if this ridiculous tariff goes through, Americans can all thank Trump for making them spend as much as 7k more on average when purchasing a car. MAGA!

"American automakers announced a broad coalition to oppose auto tariffs, saying that the new import taxes could raise the costs of American cars by as much as $6,900."

http://thehill.com/policy/finance/40...-to-be-delayed

[No_Recess]

Originally Posted by AnUnidentifiedMale

https://www.cnbc.com/2018/08/21/trum...ean-union.html

In other words, he wants to severely restrict competition. He's practically a Communist at this point.

He's a Statist who hates free trade and free association.

Just like Obama and Bush with their tariffs on tires and steel.

[rebeldor]

The most Marxist President in U.S. history.

[phma]

Originally Posted by kimchee

Nice deflection, but no, this isn't to stop ppl from talking about the guilty verdicts today.

At any rate, if this ridiculous tariff goes through, Americans can all thank Trump for making them spend as much as 7k more on average when purchasing a car. MAGA!

"American automakers announced a broad coalition to oppose auto tariffs, saying that the new import taxes could raise the costs of American cars by as much as $6,900."

http://thehill.com/policy/finance/40...-to-be-delayed

Better buy now. Pump up the GDP and save. What a dilemma for lefties.

[rebeldor]

Originally Posted by No_Recess

He's a Statist who hates free trade and free association.

Just like Obama and Bush with their tariffs on tires and steel.

Can we please get some capitalism up in here? Pretty please?

[James Bond 007]

I actually hope he goes ahead and does this. Would love to see the repercussions of him doing something like that. Time to grab the popcorn and start watching.