Trump Pushes for Auto Tariffs Despite Advisers' Warnings (companies, leader, economy)

[kimchee]

"Several of President Trump’s senior economic advisers believe he plans to impose a 25 percent tariff on close to $200 billion in foreign-made automobiles later this year, three people briefed on discussions said.

Trump wants to move forward despite numerous warnings from GOP leaders and business executives who have argued that such a move could damage the economy and lead to political mutiny.

But Trump has become increasingly defiant in his trade strategy, following his own instincts and intuition and eschewing advice from his inner circle. He has told advisers and Republicans to simply trust his business acumen, a point he tried to reinforce Wednesday morning in a Twitter post."

https://www.washingtonpost.com/busin...=.101a84bc111c

...The same business acumen that has resulted in SIX bankruptcy filings? What a hoot! Bring it on! Pile on the pain while you're at it, just in time for the midterms. What a dotard!

[MAGAalot]

4 of those bankruptcies occurred within a 2 year period when the casino industry was struggling as a whole.

[HockeyMac18]

This will be disastrous.

[mightleavenyc]

Would be great to see America dominate the auto industry once again. Too many Japanese and German imports.

[burdell]

Originally Posted by magaalot

4 of those bankruptcies occurred within a 2 year period when the casino industry was struggling as a whole.

Yet somehow others survived.

[HockeyMac18]

Originally Posted by mightleavenyc

Would be great to see America dominate the auto industry once again. Too many Japanese and German imports.

I want them to do well, too. That's the area of the country I'm from, and where my family lives.

But maybe these companies should start by making better cars? Americans would be willing to buy their cars if they were given quality options.

I like my Jeep, and all...but I won't pretend it's a good car, particularly for most people.

[burdell]

Originally Posted by mightleavenyc

Would be great to see America dominate the auto industry once again. Too many Japanese and German imports.

Hondas, Nissans, Toyotas, BMWs, Mercedes?

All manufacture vehicles in the US.

[Dbones]

Originally Posted by burdell

Hondas, Nissans, Toyotas, BMWs, Mercedes?

All manufacture vehicles in the US.

Then what are you complaining about?

[burdell]

Originally Posted by Dbones

Then what are you complaining about?

Uh, WHERE/WHEN did I complain about them manufacturing here?

[mightleavenyc]

Funny how liberals don't mind emissions regulations that will increase the price of a car, but just can't stomach the idea of trying to win a trade war.