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This is the discussion thread for a recent post on GTPlanet:
This article was published by Kyle Patrick (@SlipZtrEm) on May 31st, 2018 in the Automotive News category.
[citation needed]
>But even if Trump gets his wish, an import ban is highly unlikely to have the effect he's looking for. Both BMW and Mercedes-Benz maintain large manufacturing presences here in the US, in part because any vehicles they build and sell here are exempt from existing import tariffs.We cite multiple sources in the article including the source that initially broke the story:
https://www.wiwo.de/unternehmen/aut...daimler-vom-us-markt-aussperren/22620470.html
https://arstechnica.com/cars/2018/05/trump-wants-a-total-ban-on-german-luxury-car-imports/
https://www.marketwatch.com/story/trump-singles-out-bmw-mercedes-benz-2017-01-16
[citation needed]
Yeah, I mean, the citations are all already in the article that you're commenting on.We cite multiple sources in the article including the source that initially broke the story:
How's that now?the Guy who is supposedly hitler jr
What?the Guy who is supposedly hitler jr
What?Fake News.
There's not really much more we can do at this point other than yelling the article text through your letterbox with a bullhorn.
several unnamed diplomats
The EU currently has a 10% tariff on cars from the US, as such the suggested 25% or total ban for Germans is not reciprocal at all.The answer is simple, reciprocal trade or fair trade if you want to call it that. Whatever hurdles other countries put on the sale of U.S. products in their country the U.S. should put on their products sold in the U.S. In other words, if Europe is has a 25% tariff on U.S. vehicles going to Europe the U.S. will put a 25% tariff on European vehicles going to the U.S.
He can't be 🤬 to think before he speaks and you expect him to fact check?Donald should have used google, it doesn't take long to find.
Well that makes no sense at all!So the Guy who is supposedly hitler jr is going to ban German Cars??
Riiiiiiiight. More Fake News.
Except thats not actually the case, which is why the EU, Canada and Mexico have just been hit with 25% tariffs for steel and 10% for aluminium.So for those that don't closely follow Trump's negotiations, he starts high as he should, asks for concessions from the other country and lands somewhere far below that number. Trump is interested in fair tariffs that will help the US workers. He is the Pres of the USA, his duty is to make the best deal for the USA. China is making concessions and he lifted the tariffs. The manufacturing base in the US has been decimated by bad trade deals.
With Canada and Mexico being part of NAFTA, he wants concessions, which they so far have said no to. The aluminum and steel tariffs are a way to make them concede something, which they will. The tariffs on the EU begin Friday, there are parts of the EU trade agreements he wants changed, thus the threat to impose tariffs. This is negotiation, in the past our presidents from (Bush, Clinton, Bush and Obama) did not do enough to keep our steel plants and other manufacturing plants viable. Again, one of his goals is to open up more plants which provide good pay for US workers. We will see how the EU and NAFTA respond. Detroit looks like a war zone in certain areas, once the car plants packed up and moved elsewhere. I am all for open and fair trade, but both sides must comply with that.Except thats not actually the case, which is why the EU, Canada and Mexico have just been hit with 25% tariffs for steel and other metals.
The EU tariff on US steel?
That would be 0%
http://madb.europa.eu/madb/euTariffs.htm?productCode=720610&country=US
Which would make that demonstrably bollocks.
The EU and NAFTA have already responded, its in the article I linked to.With Canada and Mexico being part of NAFTA, he wants concessions, which they so far have said no to. The aluminum and steel tariffs are a way to make them concede something, which they will. The tariffs on the EU begin Friday, there are parts of the EU trade agreements he wants changed, thus the threat to impose tariffs. This is negotiation, in the past our presidents from (Bush, Clinton, Bush and Obama) did not do enough to keep our steel plants and other manufacturing plants viable. Again, one of his goals is to open up more plants which provide good pay for US workers. We will see how the EU and NAFTA respond. Detroit looks like a war zone, once the car plants packed up and moved elsewhere.
So for those that don't closely follow Trump's negotiations, he starts high as he should, asks for concessions from the other country and lands somewhere far below that number. Trump is interested in fair tariffs that will help the US workers. He is the Pres of the USA, his duty is to make the best deal for the USA. China is making concessions and he lifted the tariffs. The manufacturing base in the US has been decimated by bad trade deals.
With Canada and Mexico being part of NAFTA, he wants concessions, which they so far have said no to. The aluminum and steel tariffs are a way to make them concede something, which they will. The tariffs on the EU begin Friday, there are parts of the EU trade agreements he wants changed, thus the threat to impose tariffs. This is negotiation, in the past our presidents from (Bush, Clinton, Bush and Obama) did not do enough to keep our steel plants and other manufacturing plants viable. Again, one of his goals is to open up more plants which provide good pay for US workers. We will see how the EU and NAFTA respond. Detroit looks like a war zone, once the car plants packed up and moved elsewhere.
The EU and NAFTA have already responded, its in the article I linked to.
Tariffs on US goods across the board, that will help US farmers, factories and manufacturing.
You know one of the reasons why Trump dropped tariffs with China? Because they called the US's bluff and simply stopped buying Soyabeans from the US (a major hit to US farmers) and simply bought them from Canada and Brazil.
http://www.businessinsider.com/china-soybean-imports-from-us-trade-war-trump-tariffs-2018-5
These aren't negotiations or talks, you do that without putting the tariffs in place. This is unilateral action by the US.I guess not enough for Commerce Secretary Wilbur Wood. I am not sure what concessions the US wants, but in a negotiation there is give and take. The US has been gutted of it's ability to produce items like steel, the Secretary is trying to bring them back. Negotiation is back and forth, each side trying to make the best deal.
"Talks with Canada and Mexico over the North American Free Trade Agreement had been "taking longer than we had hoped", he said.
He added: "We look forward to continued negotiations, both with Canada and Mexico on the one hand, and with the European Commission on the other hand, because there are other issues that we also need to get resolved."
My guess is some concessions are made and tariffs lifted in the not too distant future.These aren't negotiations or talks, you do that without putting the tariffs in place. This is unilateral action by the US.
The US has put these in place, which has started a trade-war. Attempting to fight one would be challenging enough, Trump has just started one on two sides, one side of which happens to be the largest trading bloc on the planet!
Given that the parties in this one are unlikely to grant favours to members of the Trump family and/or businesses that's going to prove a lot more difficult.My guess is some concessions are made and tariffs lifted in the not too distant future.
The US has been gutted of it's ability to produce items like steel, the Secretary is trying to bring them back.
The aluminum and steel tariffs are a way to make them concede something, which they will.