"Trump said that the offer is “not good enough,” adding that European "consumer habits are to buy their cars, not to buy our cars."
Currently, the U.S. imposes a 25 percent tariff on light trucks and pickups and 2.5 percent on smaller cars. The EU imposes a 10 percent tariff on all passenger vehicles."
So it’s not the tariffs that he thinks are the problem I guess. In order to get tariffs lifted, the EU must force it’s citizens to buy more American cars? .
with fords announcements of the cancellation of all Sedans of course a ford 350 would be a perfect match for the roads of Rome or Amsterdam, and who would not think a Yukon the perfect vehicle for a drive trhough Yvoir.
They only like our classic cars as novelties, it’s not going to change, SUVs and trucks are onoxious to most EU citizens, and our sedans just don’t move the needle; it’s about different tastes…
And then demographics are just different too, public transportation and trains just shape the market; we make great/affordable trucks and SUVs, but only wide open country with highways (Americans and AU) like them. High quality compacts and sedans for people that do drive in the EU has never been our sweet spot.
But ■■■■■ I adore Toyota regardless, they know how to target our market.
Heck, I thought the VW Golf I rented was almost too big for some of the older cities. I couldn’t imagine trying to navigate the tight streets in an SUV
You need to understand that it’s the issue with steel and aluminium imports that needs to get resolved. In a tit-for-tat trade war, it’s hard to keep the rationale of the original tarrifs in mind. It’s the steel and aluminum industry that is a national security need. Automobile tarrifs were just added as revenge.
It’s a terrible argument, just like when people say our manufacturing industry is in decline because people are losing their jobs. That’s called automation. Our manufacturing output is double what it was decades ago. Protecting raw steel and aluminum with tariffs will save tens of thousands of jobs and cost hundreds of thousands of jobs in related industries.
You post is likely the result of a simplistic quasi-static analysis approach.
But even if it were accurate, it’s moot because “jobs” was not the fundamental justification for the aluminum and steel tarrifs.
■■■■■■■■■ of course they are. That’s why he touts any announcement from US steel. National security is but a smokescreen. We’re no where remotely close to our national security being at risk.