Lets see how the voting actually goes for the "R's" first... then we see if any of them still have a salty taste in their mouths from swallowing you know whos what.
The Canadian government & Ontario government have invested in many of these plants. If they move the plant out I can see the factory machinery being subject to export taxes so it makes more sense to abandon it and the buildings will be subject to eminent domain and other companies will take their place
@@pauloantunes8372 I'm a farmer, I bought a pair of USA made coveralls regularly $480 USD, on sale for Black Friday at a decent discount, but that puts it into perspective for you. How many of us are willing to pay $480 for work gear?
There's lots of products completely made in the USA that don't have the 2,000% price hike like you're talking about. Empty rhetoric. Edit for all the fools, here's a few examples of some products you can compare to your cheap junk. Just because YOU cannot afford it doesn't mean it does not exist. WeatherTech, Pelican, and Magpul make their products in the United States with American workers and American made polymers and plastics. Red Wing Shoes makes their Heritage line in the USA with American leather/components. Klein Tools forges most of their hand tools in the United States with American made steel. Again, some of these companies make some of their products overseas, but they do make 100% American products for not much more than the competition. Now, when you buy American your money stays here and I would argue that you're getting a better deal as you actually paid for a product with more input costs, real quality control, and real quality improvement over the already corner-cut products you buy from China and India. 🇺🇸 Seethe & cope 🇺🇸
Trump 2019: I just signed the best trade contract ever with Canada. Trump 2025: The trade contract with Canada is the worst trade contract ever and is totally unfair.
In theory, the businesses, retailers, and/or suppliers can agree to split/absorb the additional costs among themselves. In practice, it's highly unlikely.
because they are sellouts but a few, just saw a video where magas have no idea how tariffs work and think costs will be covered by other countries 😂😂altho looking at republican reddit a lot of them aren't happy either. Guess it will take to see actual price tags for rest to wake up
The electrical industry which I work in uses parts all over the world. Factoring costs with differing tariff percentages would be a nightmare. Glad I don't live in the United Clownshow of America.
Transportation often costs over 15% of people's monthly income. It's not an insignificant percentage. Only housing has a larger percentage. And housing is another industry which will be effected by these tariffs.
I can easily see these tariffs increasing the sales of used cars, SUVs, pick-ups, motorcycles etc etc, while at the same time driving up the price of them due to supply and demand as they get sold.
If true, the result will be far fewer new cars being sold and people keeping older cars going. Doing so is more carbon efficient, so has trump accidentally launched a massive green initiative here without realising it lol?
@@The_channel_of_channelsprices NEVER GO DOWN. Trump put a tariff on washing machines when he was in office his first term, the price of washing machines and drying machines went up, and they have never come back down since. When the 2008 crash happened, prices, including car prices, never came back down. These prices become the new baseline and show companies how much people are willing to pay, and they remain due to the willingness to pay and corporate greed. The problem in our society is shareholder greed, and tariffs do not address that. They only drive it, and make corporations pass the cost into the consumer or, if they do bring things back, charge us the extra anyways. Show me a time when average prices listed for items like cars decreased year over year. Never happens. Example. Honda civic starts at 24,250 it won’t ever go down to 22k or 21k like 4 years ago. That 24,250 is a baseline and only grows from there, and then 27k will be the new baseline and so on.
@@QuitchangingmyThings won’t just increase, they will skyrocket in price meanwhile salaries stay the same. My god people can’t be this stupid. I regret voting for Donald, but at least I accept I made a mistake.
I work at a GM assembly plant in Ramos Arizpe, in northern Mexico. Workers on the production line earn around $95 USD per week for 50 hours of work-roughly the equivalent of 5-6 hours of wages for a U.S. worker. Nearly all of the production from this plant is exported to the U.S., including the Blazer EV, Equinox EV, Cadillac Optiq, and many components for the Silverado EV. If these vehicles were manufactured in the U.S. at the average local wage, their final cost would far exceed the impact of a 25% tariff. In the end, it’s the consumer who will bear the burden of these increased costs.
@@michiganmotorsports Just because a company pays different rates in different counties doesn't mean the lower rate is slave wages. If a mexican worker was paid the same rate as a us worker it could destabilise the mexican ecommony with the sudden flood of wealth. As long as it's a fair and honest living wage for the country its a good wage.
@@yannicg I know, it’s very little compared to salaries in the United States. However, it’s important to consider that the cost of living in Mexico is much lower. I am a headlamp and taillight release engineer. My colleagues who work in Auburn Hills, Michigan, in the exact same position, make approximately $110k per year-that’s more than four times what I make. If GM were to relocate the approximately 25,000 jobs spread across its five locations in Mexico to the United States, its products would be much more expensive.
@ I bet the shareholders won’t be happy at all with these tariffs. In my opinion, it seems like the U.S. government isn’t trying to relocate factories within the country but rather take a piece of the pie. We live in a world where China has already swallowed up all the competition-this should be a sign to collaborate as partners, not see each other as enemies.
Those companies do not pay taxes in the US on their EU sales. They all have set up shop in Ireland and are paying minimal taxes there. My company has not yet recieved an invoice from a US tech company, that really came from the US.
Not just that. Is it really safe to use, with Trump in charge? Do you remember Kaspersky? Militaries all over the world chancelled F35 jet orders for basically the same reason.
@ It is not - the comparison with Kaspersky is a good one - Europe should treat tech from the US with the same attitude as things that come from Russia. The US is not an ally any more.
This is a problem with our tax system, we need to make it attractive for American companies to stay in America. High corporate taxes means companies leave.
They're still going to fall, and this only increases the gap between rich and poor, with the rich taking advantage of the fall while the poor pay for it with inflation.
His voter base is so dumb that they’ll get a $200 rebate check and praise Trump. Meanwhile, their cost-of-living goes up 30% and their quality of life gets diminished way more. This is truly a dumb time we are living in.
You and I understand this well but for the Trump worshipers they believe the garbage his administration spews out. Just seen a poll. 63 percent believe the economy will be affected positively by tariffs. Trying to convince them otherwise would be like teaching a duck to play the violin. 😢😢
You mean like the Bidennomics inflation tax? That was a real thing that happened. Nothing has happened yet with the increase in tariffs. Quit clutching your pearls and relax.
@@robertherman1146 Then who will invest in a dictatorship with a really uncertain future? You really think that companies pour billions of dollars in a country for factories if you don't know what donny the stupid dictator will do tomorrow? Way to high risk to invest...
Eh, he has brought isolationism back to one party in a system that only has two parties. The risk that that policy will continue into the future is not zero.
I don’t drive anymore, but in 1987 , I bought a new Ford pickup truck, it was made in the USA, right? Wrong, it was assembled in Canada!! These tariffs, aren’t good for anyone !
UK Brexited itself in 2020 & is still paying the price & the conservatives who made it happen were kicked out in rage. The US now is Brexiting itself from the rest of the world. Lets see if history repeats.
This adds even more bewilderment to these choices..Not even having to look back to the 1930s, we saw the error of protection and isolation in Brexit, and STILL these morons went with it. The thing is though, that they aren't doing it as a misguided policy, but want this chaos. Trump is doing it out of emotion and wants the world to come begging to him, to satisfy his pathological needs of narcissist personality disorder. We have a literally sick person as our "president".
You can talk about the failures of Brexit as much as you like, but staying in the EU has it's own host of problems. Being unable to limit immigration can drive up house prices and competition for work. Being unable to devalue your own currency can drive away jobs to areas that are better equipped to produce. That last one was particularly bad for Greece and great for Germany for a time. Greece couldn't take advantage of a worse currency and was very limited how they dealt with being uncompetitive with production. What IS important to remember is that most of (if not all) UKs current vast array of issues would still exist even if Brexit had never occurred. People love to hate on NAFTA, TPP and globalization but then decry Trump's protectionism. And while I may agree that Trump's methods are haphazard and sledgehammer in their approach, globalization has not been the boon for the blue collar worker that we were all sold on. The companies seeking greater profits abandoned domestic production and Trump is trying, in his own way, to reset that. This may fail, perhaps even spectacularly, but he is TRYING to correct this problem that other politicians only talk about. And that is its praiseworthy in and of itself.
What happened to US productivity ? US always brags about its productivity, you can manufacture any part with machines and robots inside US, without any foreign labor, then why cant you move production inside US? This shows US productivity is a sham, Bill Gates is more interested in buying farmland and doing farming using cheap labor
@@grossmeister1181 Consider this... Corporations get richer off of the middle class by selling us their goods and services. The government is funded by the middle class because the rich don't pay proportional taxes and the poor have no money. The poor survives off of the middle class via social service paid for by taxes from the middle class. The problem is that the government, and mainstream media is owned by the corporations who are collectively eroding the middle class, all the while pointing their fingers at the "others".
What are the odds that some people with insider information on tariff announcements are getting richer off of all of this uncertainty? 99/100? 101 out of 100?
Amazing how wrong you are. Despite hearing about all the massive investments being made by foreign companies in the U.S. already, you still don't see that it's already a DONE DEAL. Business people don't have the luxury of being as smart as you are... they have already pulled the trigger to get it done, cause they're here to protect their companies' future and make money... Not talk on RUclips.
I work in aerospace, you can't just change a supplier at will. There is getting parts to spec, plus so much more. It will take numerous yrs to change, plus getting new plants. This is crazy.
For an "american" Boeing 737 MAX: SAFRAN turbojets LEAP-1B are 50/50 between SAFRAN - Safran S.A. is a French multinational aerospace, defense and security corporation headquartered in Paris. - and GE Safran landing system is also the company who who makes the brakes Safran Electrical & Power is responsible for the wiring ... Safran Aerosystems provide lives jackets and inflatable life rafts Passengers Seats are produced by Safran seats The FADEC 4 (Full Authority Digital Engine Control) is produced by Safran. And Safran Transmission Systems is the provider of accessory drive system The (In Flight Entertainment - IFE) is also provided by Safran. The "american" Boeing as a french taste.
It is also a tax he can spend any way he wants because congress is not going to pass anything that controls the funds. Republicans are letting him bypass congress and be a dictator.
As a mechanic. Spending years in the garage. Any tech or mechanic can walk around the garage and see car part boxes made in Mexico-made in Canada- made in India - made in Korea made in China so on…
They should all be made in the U.S. The U.S. stock market exploded after Bill Clinton let U.S. manufacturers hire overseas labor. The reason that stock market exploded is because the CEOs made that much more profit off of cheap labor. The American people did not benefit. The chickens are coming home to roost. P.S. I don't like Trump at all (as a person).
@@lawrenceleverton7426 Nothing gets done because I have a Honda civic :) its an incrediblt reliable car + plenty of parts for cheap so repairs are infrequent
never mind the cost increase, worst time in US history to buy a new vehicle will be 2026 due to quality issues from the scramble to change up suppliers last minute
True fact: I was going to replace my car and spend my hard earned money at my local American dealership later this year, but I ain't spending $40k on a $30K car. I will just sit on my cash until the tariffs are lifted.
2006 was the last good year for automobiles "Made in the U.S." Toyota kept running good until 2016. The Miata is the only good car on the market right now, but that is from a maintenance, and upkeep point of view. It is pretty much a Go-kart with speakers.
Lol, I just had a discussion in another channel today with an American who tried to tell me that the F-150 is made of 90% U.S.-manufactured parts. Too bad this report didn’t drop earlier…
@@dansands8140 and theyre known garbage piles like many american brands. been decades of japanese being the only reliable option. unfortunately nissan is actually french so they dont count in that list.
My husband retired from the Ontario Honda plant. Most of the cars they made (hundreds per shift) were for the United States. Americans can't possibly be this ignorant.
Other countries do this to us. We have the ability and means to be more self sufficient. Imagine in war if you couldn’t supply your troops because your gun is made by the hostile country
@@thanksmaybe4103 Canada, Mexico, and the EU aren't our enemies. Not even close. In fact they helped us in the War in Afghanistan. So why, in your view, are those countries tariffed?
@@thanksmaybe4103 Just look at covid. That was not even a war that was peacetime. With World war III right around the corner, I mean these people need to wake up. 😂
25-34% of illegal fentanyl sold in the US is made in clandestine labs in the US, in West Virginia, Kentucky and Georgia. State and local politicians and LE get paid for protection and get a cut of the profits.
that's what Albanese is "trying" to avoid here... because we have still not done imposes tariffs yet on the U.S for anything, but time will come, that will put the squeeze on us.
In 1999, I bought a brand new Ford F-150 XLT, for under $22k. Today I can’t justify spending $50k for a truck or any new car. I rather buy a used Toyota Tundra.
If enough people stop buying new cars, the used market will go up and so are the mechanics shops that repair old cars, it s supply and demand. Normally , new cars should drop in price but it seems auto maker have been reluctant to do that.
Bought a brand new 2023 ford expedition max limited stealth blacked out. It’s like it was build in china. $80k car garbage. Trans clunks. Frequent fumes enter the cabin. Just plain garbage made.
Disagree. Bernie Sanders is still going strong, and his voice is more important now than ever. What they should do is a mandatory mental capability assessment once a year for politicians past 70.
I don't agree, completely. Bernie Sanders is well over 70 and he is strong and loud as ever. This should be based on a cognitive test because you should not take away people's anatomy and dignity due to age. Obviously, this does not apply to a certain person, but he should also take the test and then we would go from there. What do you think?
@@GMK189-f2k Why would anyone invest in an unstable country run by a psychopath who changes his mind every few seconds? Industry needs stability and trust in the government.
funny how both sides focus on the worst aspects of their political opponent's policies and decisions. there's plenty of good things the tariffs will accomplish like more jobs and exports. but hey, continue dividing the country by focusing only on the worst sides of each policy and ignoring its good sides, have fun getting radicalized!
Bring back US jobs ? Sure, no problem. But that costs money. So cars will cost more. So people will buy fewer cars. So jobs decline because demand has declined. The Auto union have their head in the sand and are lying right on your face. I pity the workers.
Then workers will buy the cars, because they get 25% off employee discount. And then those workers will flip the cars, bringing them more income to fuel the economy. Everybody wins. Stop being so short sighted dimwits
@@braxtonduong1723 Where do you get the idea that other countries get richer? Trump? The factories are leveraging CHEAP labor for the US Benefit in cost. The only output to which that country is benefiting is the low wages. They don't get rich.. Only job stability. The same principles DO NOT apply to the U.S. because we do not have lower wages. Our nation grew out of manufacturing and into the service sector. Manufacturing only helps us if everyone's wages outpace the cost increases. Which it will not. This happened during trump first term. He put tariffs on steel which increased jobs by 1% but products that used steel had their prices risen and companies lost money and jobs declined by alot more in another sector.
only for it to be backdoored by the biden administration. it's hilarious when people who have NO IDEA how negotiations work, to call someone as succesful as trump a bad deal maker. just makes you sound stupid not gonna lie
US is already so much behind to China in terms of industrial capacity. Tariffs alone won't help the US gain it back. It took China decades of consistent investment and industrial policy to have those advantages today, such as a large engineering talent pool, first class infrastructure, environmental and tax policies that favor manufacturing, reliable energy supply etc. US political system won't be able to carry this through for 4 years, let alone decades.
@@charlech If you really want manufacturing to return to US, reversing 50 years of decline, you need comprehensive and coherent policies, starting with the better math education in public schools from the state level, all the way to tax policies such as tariffs, lower federal tax rate on manufacturers profits, new patent laws, address workers rights and compensation, environmental regulations etc. It would take decades. I don’t think Trump and his cabinet are capable of reading through such complex and lengthy proposals/bills, let alone executing them on the ground.
but it also means we aren't reliant on other countries that don't have our best interests at heart. i will gladly pay more, in order for us to be sovereign, out of debt, and have a thriving economy.
Also means renegotiating trade with many countries, more jobs and business for Americans, disruption of consumerism, etc, etc. Pros and cons, many more pros in the long term if done right
Good. Consumers dont need big ford f150s. We need to shift to public transportation and smaller sized vehicles. Pedestrian deaths have increased dramatically for no reason because people want their stupid trucks and SUVs.
@@yixe2253 Didn't you watch this video? It clearly says people will still import parts from other countries because it's still cheaper to buy it with the tariffs than moving the factory which can take years.
Problem is simple : Trump wants investors to put their money in building factories in the US. And investors want a stable economy managed by a smart and reasonable person that has plans and stick to them without changing his mind at any moment. See the problem now ?
I didn't vote for this. However, I'm hopeful for the law of unintended consequences to swing in our favor this time around. With any luck, the price of cars will skyrocket and break America's love affair with monster-sized vehicles once and for all.
Automakers and suppliers aren’t going to suddenly build factories overnight for the USA market. It’s completely crazy and nobody has that much money to start from scratch. It’s cheaper and easier to just pass along the taxes and wait out 47’s term.
Just remember all you Trump loving backyard mechanics......all new auto parts will cost you 25% more minimum. And you have your orange messiah to thank for it.
Hmm plenty of those cheap parts have the quality to match, they'll complain but then in an ideal scenario they wouldn't have to replace the same part twice due to shoddily made parts from thirdworldistan.
Its still cheaper to pay the tariff than buy american . That will always be the case. I seen a machine that costs 8 grand from china , for the same thing , us made, was is 46 grand
Exactly greed and it's going to get worse. All foreign cars will get more expensive which gives local producers a free pass to raise prices because no competition.
The irony might be that if the car is made completely outside of the USA it might be cheaper because it is only taxed once. This tariff policy is insane.
Stellantis and the Asain & Euro manufacturers will be taking a long hard look at that option, so if you see the US plants for them closing, that option has proven lower cost to them, and the Clown In Chief's tariff will become an Import Tax.
@@guybeingaguy Like you, I may not be a billionaire but, unlike you, I wouldn't write "Your not" cos it's wrong. Looks like you should take your own advice.
Bro. New F150 start at 50k -90k. Already %30 over priced. Will have zero impact. Nobody has been buying American trucks for a year now. Greed already ruined them.
no only that, but even if you do move your plants or factories and spend all that time doing it, you will loose business yourself, because suddenly the people your exporting cars too in other countries will not buy your products. just like countries are choosing to "buy local" today If you're an auto maker and export out of U.S, buy MOVING to the U.S initially to avoid tariffs, your business will suffer either way.
So you think Trump should just implement price controls and full communism? Is it all right if I call it that, or do you prefer to call it National Socialism?
Probably longer wait times too since everyone is trying to figure out where parts are coming from and how to charge them, the line will just get bigger and bigger
@@davidbeppler3032😂. Yeah and let all the insurance companies run of business. Also insurance exist for a reason to let you bear heavy expenses when you get involved in a crash or accident. Be it your fault or someone's elses. Even then people who want to insure their cars will have a hard time.
Seeing this makes me happy I drive a 30 year old car I rebuilt from the ground up. Outright own it and only pay 37$ a month in insurance. Have to see if the rates go up in the near future but saves me 50k on a pos that won't be worth anything in 10 years.
As a retired mechanic I can tell you from 55 years of experience that it's the 50 cent piece that will stop your vehicle everytime, a circlip, a bolt, a gasket, however as the us autoindustry already dxpirienced in the covid drama, you can build a complete car/ truck in the usa, but the many items in modern vehicles that contain a tiny $5 electronic chip can stop your entire production from reaching the showroom as ford gm and Chrysler well know, 90% of chips come from other countries ,
And repossession numbers for cars are already climbing. Americans can't afford their cars now - how will it be for them in the decade before Trump's policy starts to work (even assuming it does)?
America already has 4% unemployment, which means pretty much everyone who wants a job has one. Who are all these people who are going to work in factories / assembly line?
Furthermore, if the industry wants to return, it could have relied on Mexico and Canada so that together they could replace what was imported from other places, making the markets of the three countries grow, which would make them more competitive globally.
I agree with the sentiment, but it's important to note that labor force participation in the United States is at historic lows. There are lots of people who gave up looking for a job who otherwise might be totally employable. Not that I think these tariffs are the solution for that. Not even remotely. It's like the Republicans only know how to wield the stick. If you really want to make manufacturing in America competitive again, we need to overhaul the health care system so that employers aren't burdened with massive Health Care costs for their employees.
I just looked at the tariffs from the announcement and oh boy it's worse than I thought. I have no idea why America would do this to themselves, especially all at once.
Look at heavy truck manufacturing - Peterbilt and Kenworth have benefited from high tariffs for generations - American trucks aren't fuel efficient, are uncomfortable to drive and lack the most modern technology. Compare US trucks with Scania or Volvo and they're twenty years behind. It's not just the cost aspects - without competition there's no impetus to develop the products.
Seemed to work out... Look at how many Toyota, Honda, Kia, Hyundai are made in the US now. Was rough in the beginning but it created tens of thousands of jobs
Definitions will be very important here. When I worked for an automotive supplier, we had one part that used parts produced in Italy, we cleaned and assembled them, then put them in boxes marked "Made In USA". Even 20 years ago, we worked mostly with the "just in time" system and had little excess capacity, which meant the "month given to the automakers" did not permit significant stockpiling of parts. Very few suppliers had enough extra parts on hand to increase shipments during that month.
@@wzt9376 It typically takes 5-10 years to build new manufacturing facilities, get the equipment, and train the workers It does not seem that the President understands this. Even picking up equipment in another country and physically moving the processes to the US takes years. Part of the problem is the unpredictability of the current administration. Companies worry that everything will change in a few months or years. Launching into massive capital expenditures that may well not pay off is a real concern.
Since 2020 most manufacturers had to realize that JIT is a stupid and useless system in productive environments. If you have dependencys from hundrets of suppliers and only one of them can't deliver your goods, you have serious problems rather quickly, especially since most industrie supply was forced to china. A good amount of stocked goods helps to circumvent this. Most companys learned their lessons in the meantime, others are about to learn that the hard way (every day this way will get harder) or will declare bancruptcy.
@@deineroehre I agree that true JIT is stupid. I am glad that there has been some changes. I recall our plant chartering aircraft in the early 2000's to send our engine parts to US automakers when there was a glitch in our manufacturing and we began to get behind. Nevertheless, I seriously doubt that many facilities had several months of parts sitting in warehouses.
You will be paying more, with or without tariffs. If the production is in the US, workers in the automotive Industry receive between 40$ to 55$ an hour- in Mexico it is 3$ to 5$. If this will not happen, well you will still be paying the 25% tariff on the complete car from another country. In my opinion, the dumbest move by trump in history.
He’s not doing it to be tough or actually try to affect change. He wants tax money, and this lets him get a bunch while still claiming he “never raised taxes.” You’ll never clear the deficit without both increased income and decreased expenses. The problem is how he’s doing both. If it were this simple, we would have done it a long time ago. This is absurd chaos.
Maybe we should pay more for *some* goods, for the purpose of preserving domestic industry. Trade is theoretically always an economic plus, as the theory can only include countable things. In practice, the effects of open trade are more complex. For example, the disadvantage of having near zero shipbuilding capacity and no competition within that tiny capacity isn't counted. The latter is what we have; the only ships built here are the teaspoon's worth built for Jones Act routes and the military, and there's no real competition in that fishbowl. Cargo ships last for decades and carry thousands of times their value over that time. Maybe we can spend a few pennies per product coming from Asia for some for those ships to be US-built. Perhaps we should also pay a penny per product more for engineering. Silicon Valley had an informal agreement to hold engineer wages down, which led to the massive H-1b industry. That had the effect of cutting off career paths for many US born software engineers, which dissuaded college age Americans from even starting. After a while it led to hiring managers being anything but US-born, thus squeezing down the pipe for those Americans who did try to enter. It's not only manufacturing and low skilled employment that have been hollowed out.
Only way for Made in USA to not empty out wallets is to automate as much as possible. So all those auto workers will still be out of jobs unless they become robot repair technicians. Then we'll figure out how to let AI/Robotics companies to pay for universal income.
UK here, we had & still have these costs & problems in the industry after the stupid self punishing act of self inflicted impoverishment called Brexit . The paralells in the states are so sad to see . If you want to know where things are going, just look at the UK then multiply it by a 1000 times .
The biggest issued is that many people dont care for vehicles made in the US, they are not built to the same design/ engineered, quality overall reliability to cars that are made by companies like Toyota and Honda. the US needs to get their act together and build better vehicles
"Don't be the slowest." With the stroke of a pen,Trump just made the U.S. the SLOWEST. UAW - no, auto makers aren't going to relocate to Union States. If a company moves, it will be with heavy automation and low pay, otherwise it's not worth it. It makes no sense to pay 50% more in wages and materials to avoid a 25% tariff.
@@2528drevas Yeah and that administration didn't cap 1.3 TRILLION OF THE STOCK MARKET IN SEVERAL HOURS. Please try to justify that. Come and tell me why the looming threat of a recession is a good thing.
@@2528drevas 4% unemployment rate, 27% Stockmarket growth, all my homes gained serious equity, savings were at an all time high, my company made more money in the last four years than in the past 15 years...hmmm...you sound like someone that would buy a trump meme coin.
Mister Trump if you want us to buy more in the beautiful USA then produce something we can and want to use. Not cars that drink like steam baths and do not fit on our streets, no breakfast fruit loops that is poison, no meat with growth hormones and antibiotics, chicken that is bleached, cheese from a can, eggs that have to be in the fridge and waste meat that is pressed. If the US citizen finds it good to be poisoned that is ok but we have good cheese, meat and cars. Produce something we can use.
@@1957mattes well-said! Like I have been saying - sadly, the only things that I can think of that the US does well are guns, alcohol and cigarettes. And Florida oranges. I can’t think of anything else. Seriously.
@@LanaAledort Yes, here in the UK we buy Tropicana Florida orange juice ... and surprisingly someone recently price checked and found that it's cheaper to buy Tropicana in the UK than in New Jersey ... despite the fact that fruit juices in the UK have 20% VAT (like your purchase tax) added ... how can it be cheaper to send fruit juice thousands of miles across the Atlantic to a different country?
A lot has changed since then, the cost to hire a worker has gone up so much. Partly due to higher wages, partly due to higher taxes. But you can't blame companies for choosing to make their products for so much cheaper elsewhere.
@@joecoolioness6399 I have no idea what you're attempting to reference but no, look at other countries that have higher wages for similar jobs. Their prices are usually comparable to ours. So why are you against people being paid a living wage like they're supposed to be?
@@Manowarmx3 It is funny you think that "snap your fingers and its done" is actually a thing. You cannot unravel 65 years of supply chain integration in the snap of a finger. Even a decade would be difficult. There is a reason the auto sector was integrated like it was.... efficiency and economies of scale.
These tarrifs wars only affect the average citizens of each and every country involved. The president of each country whether its US, Canada, Mexico, China etc they will still eat atleast 3x a day. Not affected by these tarrifs wars. It's the citizens who will suffer from these tarrifs wars.
@@nickomoyle1492 What do you import from the Heard and McDonald Islands, who got a tariff? From what I can find, you imported over 3 billion dollars worth of goods from Russia though, none of which will have a tariff on it.
@@u4iadreams exactly!!! Americans would rather take public assistance than work minimum wage - especially hard labor like factory work. Why do we think that it’s the migrants who worked the fields and construction?
It’s hard to believe that a 25% tariff on every import - like car parts and other goods not made in the U.S. - would effectively solve the issue. Trump’s strategy seems to be either trying to create a "new China" in the U.S. by increasing domestic trade and efficiency, similar to how China produces everything within its own borders, significantly reducing costs and boosting profits. Or, perhaps, he's experimenting with this approach in the U.S. to see if it works. However, a 25% tariff is likely to backfire, as it will just drive up prices for American consumers. Companies will have to hike their prices to cover the cost of tariffs, and in the end, it’s the American public who will bear the burden. On the other hand, if tariffs were gradually increased - let’s say up to 150% - it would force companies to shift toward local production or buy locally sourced parts, as the price of importing goods would become unsustainable. While it would likely be a difficult transition, in the long run, it could push for more domestic manufacturing, reducing dependency on foreign imports. In the short term, though, the 25% tariff seems like a step that will only raise consumer costs without a significant shift in production practices. A more gradual approach could have a more lasting impact, encouraging local production without causing a price shock for consumers.
China doesn't force everyone to pay their employees the same, they are smart and actually take into account the cost of living in each area. So they can save tons on labor costs by manufacturing in poorer areas but they are also providing jobs for poorer people so it is a win win.
@@billpugh58 I was an infant at that time so I can't speak for that first hand, but I can speak for my parents situation back then based on what they told me... When you have a $12 food budget left for the month after paying bills, you buy what you can afford, which is whatever costs the least. The average person here has been squeezed for a long time and hasn't had the luxury of choosing US made products over cheaper imports. To someone who has never lived that way, the idea is foreign because they've always had the luxury of choosing what they believe is right without risking homelessness. Ultimately though this is a result of policies being enacted which benefit large businesses at the expense of consumers... What is affordable always adjusts itself to the lowest possible standard of living that keeps a majority of poor people just solvent enough to accept the status quo.
So why is the solution to that taxing the average person to give tax breaks to the rich, instead of just taxing the rich? There are many countries that have protectionist policies to encourage local manufacturing and discourage foreign goods. NONE of them have come up with the brilliant idea of passing a cost hike on average Joe to collect that extra revenue to pass it on to handful of richest people in the world. Your outrage is justified but this is a case of hiring a wolf to look after your sheep, it’s not going to protect your sheep.
With the Trump tariffs there is going to be massive unemployment in the USA automotive industry. Compared to other low wage countries, USA workers charge too much. So to keep costs down, Ford, GM, Stellantis and Tesla are going to respond by trying to use more robots that work 24/7 with no unions.
@MiCnWww Maybe. But if you cross the border into Tijuana to buy a cheap Mexican, in your return to the USA border you are going to get charged a tariff. You cannot smuggle a car
Lol Chevy driver that voted for trump.. when the company is based in Michigan just like Ford. You’re not dynamically onboard, you’re diabolically off base with reality.
Obviously the consumer will take a initial hit here.. DUH This is a long term plan. We NEED industry back in the US to survive as a independent country.
@oladavol Dude it’s pretty evident that u understood absolutely nothing from the video. By the time the supplier gets changed and new factory would be setup, Trump would complete his 4 years so the industry is not going to do anything and let the consumer take the hit for next 4 years until new govt gets formed
It's wild, I was on the team that developed parts in the US for the Ford Edge...in China, for a variant unique to their market. Trump's team doesn't understand that this ain't 2001. Manufacturing in the US has stabilized and is globally integrated.
I have been a collision repair tech for over 23 years, and Domestic brands cannot compete with the quality, reliability, fit and finish of foreign manufacturers. We struggle to get Fords, Jeeps and GM's through the shop compared to foreign vehicles due to poor quality control of replacement parts, improper shipping making service parts unusable, back order parts or parts unavailable. Also GM's body replacement parts are parts pulled from the factory that do not meet quality criteria for a new vehicle but then get sold as replacement parts. Its close to impossible to return the vehicles to pre accident condition due to factory blemished parts and we have to suffer the wrath of the customer from the choice they made of purchasing domestic. Quality will drop even more on "Domestic" brands and price will increase.
I think that’s the point. Plan seems risky and like we’re going to struggle pretty hard in hopes of a reset. Desperation often leads to innovation. But people eat tidepods now, so it may be over 😂 I also have no idea what I’m talking about.
@@Tyler-Woodyit would also drive countries away from its influence. And maybe replacing the US dollars in world trade. The more the world uses the dollar, the more the US can print money out of thin air without affecting the value of its currency.
Yes but also, there are just straightforward, material reasons some things shouldn’t be made in the US even if they can be. One of the benefits of global trade is that at least in theory, things will be made in the best place to make them and then everyone gets access to that, rather than forcing every country to deal with the local drawbacks of certain production realities. Japanese production and manufacturing culture has a long history of lending itself well to extremely sensitive high volume products- not the best place to make EVERYTHING but probably the best for safety sensors. In the same way, forcing japan to try to domestically replace canadian lumber or us meat industries is just absurd. The scheme is a pipe dream, neither history nor markets ever truly go backwards the way they are pretending they will.
I am old enough to remember when all this was made in American. And stuff wasn't expensive. The problem is they have gotten used to being billions in black. Truth is the market equal out. They saw cheap labor, let's be honest.
The car and mostly lot of thing back then were lot more premitive. And it actually puzzles me that they say older viechle last. They are not, back then rebuilting a engine every 50k miles was a common thing. A transimittion barely going over 100k without issue. And when you are making 50 cent an hour. A 500 dollar car is just as expensive as what car cost today. We feel cars become more expensive because we know the other side of thr world have the same thing but cheaper.
My Mom paid $800 for a microwave 30 years ago. Was upset when she had to replace it after 20 years because she still expected to pay $800 for a premium brand instead of $1600. So her recollection was that it was cheaper living back then, but she was wrong. My Dad was making twice as much as he was making back then too. It is all relative.
@@paulmaartin A lot of these guys can't do math. I had one tell me "NO! Don't raise taxes, I said INCENTIVE the factories to come back". They don't realize they have to pick up the slack when the corporations are given breaks.
The pickup truck of today is no longer a pickup truck. They are just SUVs with 4ft beds attached to them. They were overpriced before the tariffs and will still be when they are lifted.
Not to be rude but, the point kinda just flew over your head didnt it? The Pickup truck was just an example, these taxes will all be applied to EVERYTHING America makes because america cant make these in-house. In turn making cheaper things expensive and already expensive things more expensive.
@@sgxsaint3130well I’m not sure about this or if it would be relevant but I’ve seen a lot videos of dealerships with lots filled, not selling new cars and trucks. If that’s the problem now it’ll most likely happen with the tariffs. But that’s my opinion. Prices will go up and will most likely go down after sitting in the lot.
@@BigMikey1776 As far as I know, apart from how expensive cars are now, arent there a lot more cars still stuck in lots due to the microchip shortage that happened a year ago? But eitherway the coming tarrifs wont be good for the automotive industry, especially with how much money they're already losing now and it will make many of the daily things more expensive, computers, phones, clothes etc.
Oh, sweet baby. When the tariffs are lifted, that will just be the new MSRP, because people will be used to that price and it will let the car company make "record profits" once again
Trump tries to limit GOP defections on tariff vote: on.wsj.com/4jcJfxo
Lets see how the voting actually goes for the "R's" first... then we see if any of them still have a salty taste in their mouths from swallowing you know whos what.
I don't understand why the WSJ doesn't merge with MSNBC - S O S
@@Amite-zg2ob You think they're lying or something. MAGAttes can't handle the truth it seems.
The Canadian government & Ontario government have invested in many of these plants. If they move the plant out I can see the factory machinery being subject to export taxes so it makes more sense to abandon it and the buildings will be subject to eminent domain and other companies will take their place
NO BRAIN WSJ??? TRUMP MEANT FINAL CAR PRODUCED IN USA. NOT ABOUT THE COMPONENTS...
People want "Made in America" products, but have no idea what that means or how expensive it would be.
I heard or read somewhere (can’t remember which) but a cheap $16 toaster would cost around $300 if it was totally made in the USA.
@@pauloantunes8372 I'm a farmer, I bought a pair of USA made coveralls regularly $480 USD, on sale for Black Friday at a decent discount, but that puts it into perspective for you. How many of us are willing to pay $480 for work gear?
There's lots of products completely made in the USA that don't have the 2,000% price hike like you're talking about. Empty rhetoric.
Edit for all the fools, here's a few examples of some products you can compare to your cheap junk. Just because YOU cannot afford it doesn't mean it does not exist. WeatherTech, Pelican, and Magpul make their products in the United States with American workers and American made polymers and plastics. Red Wing Shoes makes their Heritage line in the USA with American leather/components. Klein Tools forges most of their hand tools in the United States with American made steel. Again, some of these companies make some of their products overseas, but they do make 100% American products for not much more than the competition. Now, when you buy American your money stays here and I would argue that you're getting a better deal as you actually paid for a product with more input costs, real quality control, and real quality improvement over the already corner-cut products you buy from China and India.
🇺🇸 Seethe & cope 🇺🇸
There is no made in America car ….l😂😂😂😂
Yeah I can afford it I have Snap-on and other USA goods.
So even fentanyl has to be made in the USA. Wow
😂😂😂
Probably worst quality too not just the higher cost 😂
Yea pharmaceutical fentanyl
😂😂Nailed it!
Hahahahahahaha
Trump 2019: I just signed the best trade contract ever with Canada.
Trump 2025: The trade contract with Canada is the worst trade contract ever and is totally unfair.
art of the change of heart
No, these other countries don't respect the US. That simple.
We really need the media to point this out more
@@thanosianthemadtitanicThe Art of Dementia
I read this in his voice too 😂 even black mirror couldn't write an episode more wild than real life right now
Whoever thought that a man who bankrupt a casino or two was a great idea to put in charge of the biggest economy in the world?
Why does every American News outlet say ”some of the cost Will be paid by the consumer”. Every cent that is added Will be paid by the consumer.
Because the news is owned by the wealthy and they set the narrative. They want their Tax cuts and to rule the people!
In theory, the businesses, retailers, and/or suppliers can agree to split/absorb the additional costs among themselves. In practice, it's highly unlikely.
Correct. What's not tacked onto the sticker price will be made up in tax subsidies for automakers.
@ obviously it’s a possibility but both you and I know that it won’t happen.
because they are sellouts but a few, just saw a video where magas have no idea how tariffs work and think costs will be covered by other countries 😂😂altho looking at republican reddit a lot of them aren't happy either. Guess it will take to see actual price tags for rest to wake up
Remember, this is ONE industry.
Remember the U.S. is very vehicle dependent.
One of many, many that will get affected. You're right.
The electrical industry which I work in uses parts all over the world. Factoring costs with differing tariff percentages would be a nightmare. Glad I don't live in the United Clownshow of America.
Just imagine all the jobs lost in this ONE industry.
Transportation often costs over 15% of people's monthly income. It's not an insignificant percentage. Only housing has a larger percentage. And housing is another industry which will be effected by these tariffs.
so the USA has its own Brexit
Well put
Gonna take our ball and go home. We'll trade with ourselves!
@@alexzicker except that the EUUK trade is still tariff free 😊
BrainExit
@@tylergherman And everybody would be poorer as a result! MAGA!
I can easily see these tariffs increasing the sales of used cars, SUVs, pick-ups, motorcycles etc etc, while at the same time driving up the price of them due to supply and demand as they get sold.
But, try to find parts for them. And most are crushed in a few short years so forget about junkyards,
welcome to why cuba is the way it is.
If true, the result will be far fewer new cars being sold and people keeping older cars going. Doing so is more carbon efficient, so has trump accidentally launched a massive green initiative here without realising it lol?
Once the price of stuff goes up, it rarely comes back down. This is going to be the new baseline.
Constrictors theory: as soon as you exhale, the constrictor tightens his grip not to let go.
Thanks for nothing maga
"When it came time to pass down the reigns paw shot the horse". - American Proverb
It will crush inflation. Demand will go down and the price will follow.
@@The_channel_of_channelsprices NEVER GO DOWN. Trump put a tariff on washing machines when he was in office his first term, the price of washing machines and drying machines went up, and they have never come back down since. When the 2008 crash happened, prices, including car prices, never came back down. These prices become the new baseline and show companies how much people are willing to pay, and they remain due to the willingness to pay and corporate greed. The problem in our society is shareholder greed, and tariffs do not address that. They only drive it, and make corporations pass the cost into the consumer or, if they do bring things back, charge us the extra anyways. Show me a time when average prices listed for items like cars decreased year over year. Never happens.
Example. Honda civic starts at 24,250 it won’t ever go down to 22k or 21k like 4 years ago. That 24,250 is a baseline and only grows from there, and then 27k will be the new baseline and so on.
Also, don't forget your insurance is going to go up to cover the increased cost to repair and or replacement of the vehicle.
Yes because back in the day nobody could get insurance since parts didn't come from another country 🤡
@@Quitchangingmy Right to repair will be a bigger issue. No dipsticks on newer cars.
Good point
@@QuitchangingmyThings won’t just increase, they will skyrocket in price meanwhile salaries stay the same. My god people can’t be this stupid. I regret voting for Donald, but at least I accept I made a mistake.
@@GerryAlda-l9z back in the day when you had a horse, and US cars were competitive, you mean back in those days?
I work at a GM assembly plant in Ramos Arizpe, in northern Mexico. Workers on the production line earn around $95 USD per week for 50 hours of work-roughly the equivalent of 5-6 hours of wages for a U.S. worker. Nearly all of the production from this plant is exported to the U.S., including the Blazer EV, Equinox EV, Cadillac Optiq, and many components for the Silverado EV. If these vehicles were manufactured in the U.S. at the average local wage, their final cost would far exceed the impact of a 25% tariff. In the end, it’s the consumer who will bear the burden of these increased costs.
People wont buy period. There are times when a car stops being a need and becomes a luxury.
95$ per week is just crazy
@@michiganmotorsports Just because a company pays different rates in different counties doesn't mean the lower rate is slave wages. If a mexican worker was paid the same rate as a us worker it could destabilise the mexican ecommony with the sudden flood of wealth. As long as it's a fair and honest living wage for the country its a good wage.
@@yannicg I know, it’s very little compared to salaries in the United States. However, it’s important to consider that the cost of living in Mexico is much lower. I am a headlamp and taillight release engineer. My colleagues who work in Auburn Hills, Michigan, in the exact same position, make approximately $110k per year-that’s more than four times what I make. If GM were to relocate the approximately 25,000 jobs spread across its five locations in Mexico to the United States, its products would be much more expensive.
@ I bet the shareholders won’t be happy at all with these tariffs. In my opinion, it seems like the U.S. government isn’t trying to relocate factories within the country but rather take a piece of the pie. We live in a world where China has already swallowed up all the competition-this should be a sign to collaborate as partners, not see each other as enemies.
Time that the EU put a big tax on Tech Companies who make billions here but use loopholes to pay only a fraction of the taxes they should do!
Those companies do not pay taxes in the US on their EU sales. They all have set up shop in Ireland and are paying minimal taxes there. My company has not yet recieved an invoice from a US tech company, that really came from the US.
Not just that. Is it really safe to use, with Trump in charge? Do you remember Kaspersky? Militaries all over the world chancelled F35 jet orders for basically the same reason.
@ It is not - the comparison with Kaspersky is a good one - Europe should treat tech from the US with the same attitude as things that come from Russia. The US is not an ally any more.
This is a problem with our tax system, we need to make it attractive for American companies to stay in America. High corporate taxes means companies leave.
as always 'tax it connecticut' do dat best.
Why is Trump waiting till 4 o'clock to roll out his new tariffs?
Because markets would drop like a rock.
The markets still move after-hours too and they have dropped a lot. Amazon and Nvidia both down 3% after hours.
Futures are down 2%
Future is already down.
They're still going to fall, and this only increases the gap between rich and poor, with the rich taking advantage of the fall while the poor pay for it with inflation.
I just checked and hope for humanity dropped another 37%
Let’s call this what it really is - a national sales tax. That’s right, Trump just raised your taxes.
His voter base is so dumb that they’ll get a $200 rebate check and praise Trump. Meanwhile, their cost-of-living goes up 30% and their quality of life gets diminished way more. This is truly a dumb time we are living in.
You and I understand this well but for the Trump worshipers they believe the garbage his administration spews out. Just seen a poll. 63 percent believe the economy will be affected positively by tariffs. Trying to convince them otherwise would be like teaching a duck to play the violin. 😢😢
You mean like the Bidennomics inflation tax? That was a real thing that happened. Nothing has happened yet with the increase in tariffs. Quit clutching your pearls and relax.
Bingo
There is a solution. Just buy a used car. You're welcome.
He will be gone in 4 years
they will not build new plants-they will just pass the cost on to the public.
Bingo
No, he will still be president in 4 years, and in 8 years.
@@robertherman1146 Then who will invest in a dictatorship with a really uncertain future? You really think that companies pour billions of dollars in a country for factories if you don't know what donny the stupid dictator will do tomorrow? Way to high risk to invest...
@@robertherman1146lol with his health and his diet? He wold be lucky if he is still alive after 4 years
Eh, he has brought isolationism back to one party in a system that only has two parties. The risk that that policy will continue into the future is not zero.
I don’t drive anymore, but in 1987 , I bought a new Ford pickup truck, it was made in the USA, right? Wrong, it was assembled in Canada!! These tariffs, aren’t good for anyone !
yup built here in Oakville Ontario , and we back building trucks !! lol for now
UK Brexited itself in 2020 & is still paying the price & the conservatives who made it happen were kicked out in rage. The US now is Brexiting itself from the rest of the world. Lets see if history repeats.
The conservatives were NOT kicked out because of Brexit. That's rubbish.
The irony is it's the voters who should kick themselves for naively listening to populists and demagogues.
This adds even more bewilderment to these choices..Not even having to look back to the 1930s, we saw the error of protection and isolation in Brexit, and STILL these morons went with it.
The thing is though, that they aren't doing it as a misguided policy, but want this chaos. Trump is doing it out of emotion and wants the world to come begging to him, to satisfy his pathological needs of narcissist personality disorder. We have a literally sick person as our "president".
Remember trump build a wall and Mexico paid for it. And the same wall is going to keep the Americans inside.
You can talk about the failures of Brexit as much as you like, but staying in the EU has it's own host of problems. Being unable to limit immigration can drive up house prices and competition for work. Being unable to devalue your own currency can drive away jobs to areas that are better equipped to produce. That last one was particularly bad for Greece and great for Germany for a time. Greece couldn't take advantage of a worse currency and was very limited how they dealt with being uncompetitive with production. What IS important to remember is that most of (if not all) UKs current vast array of issues would still exist even if Brexit had never occurred.
People love to hate on NAFTA, TPP and globalization but then decry Trump's protectionism. And while I may agree that Trump's methods are haphazard and sledgehammer in their approach, globalization has not been the boon for the blue collar worker that we were all sold on. The companies seeking greater profits abandoned domestic production and Trump is trying, in his own way, to reset that.
This may fail, perhaps even spectacularly, but he is TRYING to correct this problem that other politicians only talk about. And that is its praiseworthy in and of itself.
Tariffs is expected to bring in $6 trillion. The upcoming tax cuts for the rich is estimated to cost... $6 trillion. What a coincidence!
What happened to US productivity ? US always brags about its productivity, you can manufacture any part with machines and robots inside US, without any foreign labor, then why cant you move production inside US? This shows US productivity is a sham, Bill Gates is more interested in buying farmland and doing farming using cheap labor
That is what you get when you vote Trump. Take from the middle class, give the rich...
@@grossmeister1181 Consider this... Corporations get richer off of the middle class by selling us their goods and services. The government is funded by the middle class because the rich don't pay proportional taxes and the poor have no money. The poor survives off of the middle class via social service paid for by taxes from the middle class. The problem is that the government, and mainstream media is owned by the corporations who are collectively eroding the middle class, all the while pointing their fingers at the "others".
You can't even get the numbers right. We knew what we were voting for and it will play out exactly like we want it to! MAGA 2025 and beyond!!!
It's not 'bringing anything in'....Sport, YOU'RE paying it out... and don't forget to add the additional sales tax on top of those Trump Tariffs...
Tariffs on, tariffs off, tariffs up, tariffs down. Business will not invest in this kind of uncertainty.
What are the odds that some people with insider information on tariff announcements are getting richer off of all of this uncertainty? 99/100? 101 out of 100?
It's tariffying huh
@@EduardoMendoza-l1t 🤣🤣🤣
Amazing how wrong you are. Despite hearing about all the massive investments being made by foreign companies in the U.S. already, you still don't see that it's already a DONE DEAL.
Business people don't have the luxury of being as smart as you are... they have already pulled the trigger to get it done, cause they're here to protect their companies' future and make money...
Not talk on RUclips.
Tariffs will be off again before anyone breaks ground on a new US factory.
The average consumer will take the hit, not the shareholders
I work in aerospace, you can't just change a supplier at will. There is getting parts to spec, plus so much more. It will take numerous yrs to change, plus getting new plants. This is crazy.
Try telling that to a Maga Trumper they will call you all sorts of names like here in the comments when you sort them by new.. Its bad
For an "american" Boeing 737 MAX:
SAFRAN turbojets LEAP-1B are 50/50 between SAFRAN - Safran S.A. is a French multinational aerospace, defense and security corporation headquartered in Paris. - and GE
Safran landing system is also the company who who makes the brakes
Safran Electrical & Power is responsible for the wiring ...
Safran Aerosystems provide lives jackets and inflatable life rafts
Passengers Seats are produced by Safran seats
The FADEC 4 (Full Authority Digital Engine Control) is produced by Safran.
And Safran Transmission Systems is the provider of accessory drive system
The (In Flight Entertainment - IFE) is also provided by Safran.
The "american" Boeing as a french taste.
@@Syaa665 They'll blame "liberal policies" as if there hasn't been any republicans in charge for the past 30 years.
Who has more brains Trump or Biden?
Attuatori, viti a ricircolo di sfere, ecc are made in Italy
He sold people who would not accept tax raises... a tax by calling it a tariff ....
Precisely.
He cut taxes on the rich, and gives them to the poor. He's a reverse Robin Hood.
It is also a tax he can spend any way he wants because congress is not going to pass anything that controls the funds. Republicans are letting him bypass congress and be a dictator.
When people have the reasoning ability of a tomato plant this is what you get
He'll then make a tax cut for the richest percent and leave the national debt as huge as it ever was. 😂😂😂
You broke down an F-150? Doesn't it do that itself?
Nice one😅
hahaha omg
🤣🤣
😂😂😂
That's a good one!😅
How is this possibly going to work? The auto business is much too complicated for this tariff plan.
As a mechanic. Spending years in the garage. Any tech or mechanic can walk around the garage and see car part boxes made in Mexico-made in Canada- made in India - made in Korea made in China so on…
im not even a mechanic and i’ve counted 12 countries on random parts lying around for my car alone
They should all be made in the U.S.
The U.S. stock market exploded after Bill Clinton let U.S. manufacturers hire overseas labor. The reason that stock market exploded is because the CEOs made that much more profit off of cheap labor. The American people did not benefit.
The chickens are coming home to roost.
P.S. I don't like Trump at all (as a person).
I have also ordered parts for my Maytag appliances. They come from Whirlpool. They all say "Made in Mexico" on them.
No wonder nothing gets done. All this walking around not fixing a car.
@@lawrenceleverton7426 Nothing gets done because I have a Honda civic :) its an incrediblt reliable car + plenty of parts for cheap so repairs are infrequent
never mind the cost increase, worst time in US history to buy a new vehicle will be 2026 due to quality issues from the scramble to change up suppliers last minute
True fact: I was going to replace my car and spend my hard earned money at my local American dealership later this year, but I ain't spending $40k on a $30K car. I will just sit on my cash until the tariffs are lifted.
union made cars are already garbage
2006 was the last good year for automobiles "Made in the U.S." Toyota kept running good until 2016. The Miata is the only good car on the market right now, but that is from a maintenance, and upkeep point of view. It is pretty much a Go-kart with speakers.
@@thewirah1 your money devalues through time, invest it in other things until u buy a car.
2000's Toyota's pickups are going to same price as Tesla's soon
Lol, I just had a discussion in another channel today with an American who tried to tell me that the F-150 is made of 90% U.S.-manufactured parts. Too bad this report didn’t drop earlier…
A Tesla actually is.
@@dansands8140 and theyre known garbage piles like many american brands. been decades of japanese being the only reliable option. unfortunately nissan is actually french so they dont count in that list.
@@dansands8140the Aluminum for the whole car comes from Russia 😂😂😂
@colingoldthorpe5918
Far more likely, the aluminum comes from Canada.
@@colingoldthorpe5918 Nothing the US uses right now comes from Russia. There are these 'sanction' things.
My husband retired from the Ontario Honda plant. Most of the cars they made (hundreds per shift) were for the United States. Americans can't possibly be this ignorant.
Trump: Hold my beer!
These tariffs are on people of USA not on other countries
The propaganda is strong
😂😂😂
It shows you how much they really think about us
❤
Maybe Trump is an eco warrior? He is killing the supply of huge expensive tanks aimed at suburban housewives. I agree with him if true.
Other countries do this to us. We have the ability and means to be more self sufficient. Imagine in war if you couldn’t supply your troops because your gun is made by the hostile country
@@thanksmaybe4103 Canada, Mexico, and the EU aren't our enemies. Not even close. In fact they helped us in the War in Afghanistan.
So why, in your view, are those countries tariffed?
@@thanksmaybe4103 Just look at covid. That was not even a war that was peacetime. With World war III right around the corner, I mean these people need to wake up. 😂
*It’s not about Fentanyl. It has never been about Fentanyl*
Disagree
25-34% of illegal fentanyl sold in the US is made in clandestine labs in the US, in West Virginia, Kentucky and Georgia.
State and local politicians and LE get paid for protection and get a cut of the profits.
Maybe but Fentanyl imports are at a ten year low. Is that good or not?
@@socksyuielkmf There is no fentanyl crisis at the Canadian border. 43 lbs vs 21,900lbs from Mexico. You decide where the problem is...
Of course not. Trump and his buddy Elon snort this stuff every Friday, Saturday, and Sunday night.
Guess who will pay for all of this? The end consumer. The end consumer always pays.
I want to hear your ideas on fixing $36T deficit. Thanks to Biden and Obama for the deficit
You’re gonna be so rich from all the winning Trump is going. Just you wait MAGA
@@infocrypt don't forget W Bush....
that's what Albanese is "trying" to avoid here... because we have still not done imposes tariffs yet on the U.S for anything, but time will come, that will put the squeeze on us.
Interesting how all these other countries don't mind making their citizens pay for the tariffs they have against the United States.
Mexico and Canada are not enemies of the USA .so imposing tariffs on them on aluminum and steel on a loophole as national security it's absurd.
In 1999, I bought a brand new Ford F-150 XLT, for under $22k. Today I can’t justify spending $50k for a truck or any new car. I rather buy a used Toyota Tundra.
If enough people stop buying new cars, the used market will go up and so are the mechanics shops that repair old cars, it s supply and demand. Normally , new cars should drop in price but it seems auto maker have been reluctant to do that.
@the US government saved the US auto industry during the Great Recession. They forget who funded that life line.
Bought a brand new 2023 ford expedition max limited stealth blacked out. It’s like it was build in china. $80k car garbage. Trans clunks. Frequent fumes enter the cabin. Just plain garbage made.
50K ???? Have you seen the prices of new Ford Trucks ???? Forget the tariffs. For the past bunch of years a new Ford Truck is over 100K .
your poor those are totally different comparisons
You should not be allowed in public office past age 70.
Disagree. Bernie Sanders is still going strong, and his voice is more important now than ever. What they should do is a mandatory mental capability assessment once a year for politicians past 70.
Churchill was 71 when he completed his first term in 1945. He came back again later for a 2nd term.
Make it 65 same as everyone else.
@@MickKent and was quickly removed. He was a fear monger (and rightfully so) for the perfect time and place.
I don't agree, completely. Bernie Sanders is well over 70 and he is strong and loud as ever. This should be based on a cognitive test because you should not take away people's anatomy and dignity due to age. Obviously, this does not apply to a certain person, but he should also take the test and then we would go from there. What do you think?
Watching the decline of the United States in real time.
The decline was when all these factories fled the country to use cheap or slave labor.
Huge investment in USA ….hardly a decline
Dropping like a rock, exactly what they voted for.
@@GMK189-f2k Why would anyone invest in an unstable country run by a psychopath who changes his mind every few seconds? Industry needs stability and trust in the government.
funny how both sides focus on the worst aspects of their political opponent's policies and decisions. there's plenty of good things the tariffs will accomplish like more jobs and exports. but hey, continue dividing the country by focusing only on the worst sides of each policy and ignoring its good sides, have fun getting radicalized!
It would've been a good idea in 1975, not in 2025. 🇺🇸
Bring back US jobs ? Sure, no problem. But that costs money. So cars will cost more. So people will buy fewer cars. So jobs decline because demand has declined.
The Auto union have their head in the sand and are lying right on your face. I pity the workers.
So you're saying pay cheap labor so other countries get richer while we still stay poorer is better?
Then workers will buy the cars, because they get 25% off employee discount. And then those workers will flip the cars, bringing them more income to fuel the economy. Everybody wins. Stop being so short sighted dimwits
@AnonymousGameWarden;
You're joking... The employees buying cars, you actually think that that's a significant market?
Stay anonymous.
@@braxtonduong1723 Where do you get the idea that other countries get richer? Trump? The factories are leveraging CHEAP labor for the US Benefit in cost. The only output to which that country is benefiting is the low wages. They don't get rich.. Only job stability. The same principles DO NOT apply to the U.S. because we do not have lower wages. Our nation grew out of manufacturing and into the service sector. Manufacturing only helps us if everyone's wages outpace the cost increases. Which it will not. This happened during trump first term. He put tariffs on steel which increased jobs by 1% but products that used steel had their prices risen and companies lost money and jobs declined by alot more in another sector.
@@AnonymousGameWarden
What about the other 99.5% of the economy?
Unions cheering for Trump is just insane.
Thats because they realize the long term beauty of it
I mean, the UAW has been campaigning for domestic production for years now, that's the reason why a lot of blue collar workers actually support Trump.
@@kevinjervis916 What long term beauty? Did you watch the video?
@@kevinjervis916 The beauty of handing world car production to China? 你好，同志
That's like a chicken throwing a party for a coyote.
Didn’t Trump sign a new trade deal with Canada and Mexico a few years ago? I guess he isn’t as good of a deal maker as we thought.
MAGA: He only filed bankruptcy 6 times. 🙈
only for it to be backdoored by the biden administration. it's hilarious when people who have NO IDEA how negotiations work, to call someone as succesful as trump a bad deal maker. just makes you sound stupid not gonna lie
Never has.
He did but now he calls it a terrible deal completely ignoring that it was his deal!
He actually had forgotten he had signed it and blasted whoever signed it as an idiot.
Woke up this morning and checked the obituary columns, mango Mussolini still not in them, sadly.
US is already so much behind to China in terms of industrial capacity. Tariffs alone won't help the US gain it back. It took China decades of consistent investment and industrial policy to have those advantages today, such as a large engineering talent pool, first class infrastructure, environmental and tax policies that favor manufacturing, reliable energy supply etc. US political system won't be able to carry this through for 4 years, let alone decades.
Agree! And with advancements in AI robotics jobs won’t return to the US
Exactly! US is NOT a manufacturing economy.
Exactly.
depends if it's going well or make sense in the future, just like biden didn't lift Trump's china tariff during his term.
@@charlech If you really want manufacturing to return to US, reversing 50 years of decline, you need comprehensive and coherent policies, starting with the better math education in public schools from the state level, all the way to tax policies such as tariffs, lower federal tax rate on manufacturers profits, new patent laws, address workers rights and compensation, environmental regulations etc.
It would take decades.
I don’t think Trump and his cabinet are capable of reading through such complex and lengthy proposals/bills, let alone executing them on the ground.
Tariffs, Reciprical Tariffs, Trade Wars all mean substantially higher prices for the consumer. Insane!
but it also means we aren't reliant on other countries that don't have our best interests at heart. i will gladly pay more, in order for us to be sovereign, out of debt, and have a thriving economy.
The drug of cheap imported goods hasn’t exactly been great for the consumer either.
Yo, china honey is 5$ i go to my local farmer its 15$ , make that make sense@bigbean69420
Also means renegotiating trade with many countries, more jobs and business for Americans, disruption of consumerism, etc, etc. Pros and cons, many more pros in the long term if done right
@@bigbean69420this is out of touch. Millions of Americans can’t afford to pay more when they already can’t pay their rent or get a mortgage.
Not one company will be paying these tariffs....its you the consumer
they will be out competed by a company that decides to make it here
@@yixe2253 Didn't work that way 100 years ago but I guess we're going to find out one way or another...
consumers won’t buy!
Good. Consumers dont need big ford f150s. We need to shift to public transportation and smaller sized vehicles. Pedestrian deaths have increased dramatically for no reason because people want their stupid trucks and SUVs.
@@yixe2253 Didn't you watch this video? It clearly says people will still import parts from other countries because it's still cheaper to buy it with the tariffs than moving the factory which can take years.
Problem is simple : Trump wants investors to put their money in building factories in the US. And investors want a stable economy managed by a smart and reasonable person that has plans and stick to them without changing his mind at any moment. See the problem now ?
Yall voted for this
He stole it
@@BreadAndButter089😂😂
@@BreadAndButter089 With the help of his tech expert, Elon, no doubt.
I ❤ the meltdown. Thank you President Trump for standing up for US 🇺🇸 , FINALLY a POTUS who cares about US 🇺🇸
I didn't vote for this. However, I'm hopeful for the law of unintended consequences to swing in our favor this time around. With any luck, the price of cars will skyrocket and break America's love affair with monster-sized vehicles once and for all.
Automakers and suppliers aren’t going to suddenly build factories overnight for the USA market. It’s completely crazy and nobody has that much money to start from scratch. It’s cheaper and easier to just pass along the taxes and wait out 47’s term.
Just remember all you Trump loving backyard mechanics......all new auto parts will cost you 25% more minimum. And you have your orange messiah to thank for it.
Hmm plenty of those cheap parts have the quality to match, they'll complain but then in an ideal scenario they wouldn't have to replace the same part twice due to shoddily made parts from thirdworldistan.
They just blame Biden and Harris. Thats how a cult works.
Its still cheaper to pay the tariff than buy american . That will always be the case. I seen a machine that costs 8 grand from china , for the same thing , us made, was is 46 grand
Parts from over 24 developing countries with cheap labor and STILL that truck pictured will cost almost $100,000 with TT&L. Greed.
If they will move everything inside USA I bet prices will double at least
it's not greed, it's supply and demand, about time to learn basic economics dude
edit ford f150 starts at $37k so what are you on about
Since when is Canada a developing country? The concept is called division of labour and saves us billions of dollards every year.
@@Part_121_WannabeThat's the price for an extremely basic F150 with 2wd. That shouldn't be more than $25k.
Exactly greed and it's going to get worse. All foreign cars will get more expensive which gives local producers a free pass to raise prices because no competition.
The irony might be that if the car is made completely outside of the USA it might be cheaper because it is only taxed once. This tariff policy is insane.
😮
Stellantis and the Asain & Euro manufacturers will be taking a long hard look at that option, so if you see the US plants for them closing, that option has proven lower cost to them, and the Clown In Chief's tariff will become an Import Tax.
This is going to implode spectacularly.
And if it wasn't so serious for the world economy, it would be glorious to watch
Watch nothing happen in couple months other than exporting countries losing factories
A poor person can’t comprehend how to make money.
Trump is a billionaire.
Your not.
Pay attention and LEARN 👍🇺🇸
@@guybeingaguy
Like you, I may not be a billionaire but, unlike you, I wouldn't write "Your not" cos it's wrong.
Looks like you should take your own advice.
@@guybeingaguy you're*
Bro. New F150 start at 50k -90k. Already %30 over priced. Will have zero impact. Nobody has been buying American trucks for a year now. Greed already ruined them.
Cars will get so expensive that the tariffs will be lifted, but the greed from these automakers will still make these cars expensive.
Correct, prices will go up because of the tariffs, and will not come back down.
no only that, but even if you do move your plants or factories and spend all that time doing it, you will loose business yourself, because suddenly the people your exporting cars too in other countries will not buy your products. just like countries are choosing to "buy local" today
If you're an auto maker and export out of U.S, buy MOVING to the U.S initially to avoid tariffs, your business will suffer either way.
So you think Trump should just implement price controls and full communism? Is it all right if I call it that, or do you prefer to call it National Socialism?
@@mattlepird8241 prices will come down if something like BYD enters the market, US makers will be forced to reduce or die.
So you will be driving an old car.
you're forgetting insurance, more expensive car = more expensive insurance...
And maintenance and repairs (more expensive parts)
Probably longer wait times too since everyone is trying to figure out where parts are coming from and how to charge them, the line will just get bigger and bigger
Remove mandatory insurance. Boom, fixed.
@@davidbeppler3032😂. Yeah and let all the insurance companies run of business. Also insurance exist for a reason to let you bear heavy expenses when you get involved in a crash or accident. Be it your fault or someone's elses. Even then people who want to insure their cars will have a hard time.
Seeing this makes me happy I drive a 30 year old car I rebuilt from the ground up. Outright own it and only pay 37$ a month in insurance. Have to see if the rates go up in the near future but saves me 50k on a pos that won't be worth anything in 10 years.
As a retired mechanic I can tell you from 55 years of experience that it's the 50 cent piece that will stop your vehicle everytime, a circlip, a bolt, a gasket, however as the us autoindustry already dxpirienced in the covid drama, you can build a complete car/ truck in the usa, but the many items in modern vehicles that contain a tiny $5 electronic chip can stop your entire production from reaching the showroom as ford gm and Chrysler well know, 90% of chips come from other countries ,
Did not stop Tesla. ;)
@@davidbeppler3032 nah, tesler just used good old glue 🤣
@@davidbeppler3032what’s the EV market share compared to ICE vehicles again?🤔
My Chevy still runs without the computer
I find it’s normally something to do with the emissions system and it don’t cost 50c lol
The Mango Mussolini will make the trains run on time... so no need for a truck.😂
And just like that, we are Cuba, driving 50 year old cars because new cars come only from China and they won’t sell to us.
Bingo.
And repossession numbers for cars are already climbing. Americans can't afford their cars now - how will it be for them in the decade before Trump's policy starts to work (even assuming it does)?
Have fun buying replacement parts 😂
People already can't afford these car prices. The car industry is about to party like its 2009.
The Chinese can buy a BYD electric car for under $10K
I'm sure car prices will decrease drastically if tariffs on autoparts are imposed
Alot of it is due to greed at the dealership level…. astronomical mark ups and other nonsense.
Let's just hope that car quality doesn't go back to 1989.
Not if the demand drops. Think about what this does to simply repairing a vehicle?
America already has 4% unemployment, which means pretty much everyone who wants a job has one. Who are all these people who are going to work in factories / assembly line?
The poor folks from Walmart
Furthermore, if the industry wants to return, it could have relied on Mexico and Canada so that together they could replace what was imported from other places, making the markets of the three countries grow, which would make them more competitive globally.
He wants to lower taxes for his oligarch buddies. This is what its all about
I agree with the sentiment, but it's important to note that labor force participation in the United States is at historic lows. There are lots of people who gave up looking for a job who otherwise might be totally employable.
Not that I think these tariffs are the solution for that. Not even remotely. It's like the Republicans only know how to wield the stick. If you really want to make manufacturing in America competitive again, we need to overhaul the health care system so that employers aren't burdened with massive Health Care costs for their employees.
@ And the average American will pay for it through inflation. Inflation is the poor people's tax.
Those tires used to be manufactured in Kentucky and other states, those factories closed because they couldn’t compete with free trade.
Blame minimum wage laws, unions, and anyone else who forces businesses to pay higher wages.
I just looked at the tariffs from the announcement and oh boy it's worse than I thought. I have no idea why America would do this to themselves, especially all at once.
Because "they're eating the cats and dogs"
We’re trying to Make America Great Again, whatever that means. I guess this will do it. ***SIGH***
Because he hasn't filed bankruptcy in a while and needs a new project
Because much of these same people don't consistently vote at all, trump got them out of their basement dwelling spaces to vote for them.
Meanwhile MERCOSUR and BRICS will try free markets for the 1672th time. Maybe this time works.
We had a silly car tariff thirty years ago to protect our manufacturing. It sucked , second grade production finished when it disappeared
Look at heavy truck manufacturing - Peterbilt and Kenworth have benefited from high tariffs for generations - American trucks aren't fuel efficient, are uncomfortable to drive and lack the most modern technology. Compare US trucks with Scania or Volvo and they're twenty years behind. It's not just the cost aspects - without competition there's no impetus to develop the products.
Seemed to work out... Look at how many Toyota, Honda, Kia, Hyundai are made in the US now.
Was rough in the beginning but it created tens of thousands of jobs
@@jimhayes7497 I wouldn't touch a Hyundai, and I'm not too partial on KIA's either.
Definitions will be very important here. When I worked for an automotive supplier, we had one part that used parts produced in Italy, we cleaned and assembled them, then put them in boxes marked "Made In USA". Even 20 years ago, we worked mostly with the "just in time" system and had little excess capacity, which meant the "month given to the automakers" did not permit significant stockpiling of parts. Very few suppliers had enough extra parts on hand to increase shipments during that month.
Excellent point truthfully I wondered if trump had any inkling of what jit system is
@@wzt9376 It typically takes 5-10 years to build new manufacturing facilities, get the equipment, and train the workers It does not seem that the President understands this. Even picking up equipment in another country and physically moving the processes to the US takes years.
Part of the problem is the unpredictability of the current administration. Companies worry that everything will change in a few months or years. Launching into massive capital expenditures that may well not pay off is a real concern.
Since 2020 most manufacturers had to realize that JIT is a stupid and useless system in productive environments. If you have dependencys from hundrets of suppliers and only one of them can't deliver your goods, you have serious problems rather quickly, especially since most industrie supply was forced to china. A good amount of stocked goods helps to circumvent this. Most companys learned their lessons in the meantime, others are about to learn that the hard way (every day this way will get harder) or will declare bancruptcy.
@@deineroehre I agree that true JIT is stupid. I am glad that there has been some changes. I recall our plant chartering aircraft in the early 2000's to send our engine parts to US automakers when there was a glitch in our manufacturing and we began to get behind.
Nevertheless, I seriously doubt that many facilities had several months of parts sitting in warehouses.
So what’s the tariff on fentanyl? Is it 25% or 15%?
You will be paying more, with or without tariffs. If the production is in the US, workers in the automotive Industry receive between 40$ to 55$ an hour- in Mexico it is 3$ to 5$.
If this will not happen, well you will still be paying the 25% tariff on the complete car from another country.
In my opinion, the dumbest move by trump in history.
he made plenty of dumb moves already ... but yes this one bakes the cake ... until the next dumb move of course
Any new plant will be automated so those jobs will not be that many, unless he insists on the model T ford production line.
He’s not doing it to be tough or actually try to affect change. He wants tax money, and this lets him get a bunch while still claiming he “never raised taxes.”
You’ll never clear the deficit without both increased income and decreased expenses. The problem is how he’s doing both. If it were this simple, we would have done it a long time ago. This is absurd chaos.
Maybe we should pay more for *some* goods, for the purpose of preserving domestic industry. Trade is theoretically always an economic plus, as the theory can only include countable things. In practice, the effects of open trade are more complex.
For example, the disadvantage of having near zero shipbuilding capacity and no competition within that tiny capacity isn't counted. The latter is what we have; the only ships built here are the teaspoon's worth built for Jones Act routes and the military, and there's no real competition in that fishbowl. Cargo ships last for decades and carry thousands of times their value over that time. Maybe we can spend a few pennies per product coming from Asia for some for those ships to be US-built.
Perhaps we should also pay a penny per product more for engineering. Silicon Valley had an informal agreement to hold engineer wages down, which led to the massive H-1b industry. That had the effect of cutting off career paths for many US born software engineers, which dissuaded college age Americans from even starting. After a while it led to hiring managers being anything but US-born, thus squeezing down the pipe for those Americans who did try to enter.
It's not only manufacturing and low skilled employment that have been hollowed out.
Only way for Made in USA to not empty out wallets is to automate as much as possible. So all those auto workers will still be out of jobs unless they become robot repair technicians. Then we'll figure out how to let AI/Robotics companies to pay for universal income.
UK here, we had & still have these costs & problems in the industry after the stupid self punishing act of self inflicted impoverishment called Brexit .
The paralells in the states are so sad to see . If you want to know where things are going, just look at the UK then multiply it by a 1000 times .
The biggest issued is that many people dont care for vehicles made in the US, they are not built to the same design/ engineered, quality overall reliability to cars that are made by companies like Toyota and Honda. the US needs to get their act together and build better vehicles
Honda is the most made in America car in the country 😂
Then they pay a tariff for imported car
Did you watch the video? No car is 100% made in America. Those reliable companies are mainly majority built in America ironically
You know Toyota and Honda build cars in the US, right?
@ yes but like every car built in America, there are parts built out of the country
The world is going to see how one guy had six bankruptcies with huge debt and over a dozen failed businesses.
Don the Con will never change his stripes
And learned from them and became successful
"Don't be the slowest."
With the stroke of a pen,Trump just made the U.S. the SLOWEST.
UAW - no, auto makers aren't going to relocate to Union States.
If a company moves, it will be with heavy automation and low pay, otherwise it's not worth it. It makes no sense to pay 50% more in wages and materials to avoid a 25% tariff.
Read some of these comments, it sure does to these clowns.
Tell that to Nissan, they’ve already said they’re moving factories from Mexico to the states. Seems worth it to them
@@waxbruh5965 Oh wow one company. One thats failing nonetheless.
ruclips.net/video/qC8uef7dluI/video.html
Most of the cars for US market are made in US., Mexico or Canada. Even my BMW is made in Mexico
Why the complaints? This is what we voted for. They are just getting started, but remember YOU voted for this. Consequences...
Happily, gladly, we saw what YOU voted for over the past 4 years. Please.
@@2528drevas Yeah and that administration didn't cap 1.3 TRILLION OF THE STOCK MARKET IN SEVERAL HOURS. Please try to justify that. Come and tell me why the looming threat of a recession is a good thing.
@@2528drevas 4% unemployment rate, 27% Stockmarket growth, all my homes gained serious equity, savings were at an all time high, my company made more money in the last four years than in the past 15 years...hmmm...you sound like someone that would buy a trump meme coin.
@@2528drevas Choices.
I didn't vote for that clown.
Mister Trump if you want us to buy more in the beautiful USA then produce something we can and want to use. Not cars that drink like steam baths and do not fit on our streets, no breakfast fruit loops that is poison, no meat with growth hormones and antibiotics, chicken that is bleached, cheese from a can, eggs that have to be in the fridge and waste meat that is pressed. If the US citizen finds it good to be poisoned that is ok but we have good cheese, meat and cars. Produce something we can use.
@@1957mattes well-said! Like I have been saying - sadly, the only things that I can think of that the US does well are guns, alcohol and cigarettes. And Florida oranges. I can’t think of anything else. Seriously.
@@LanaAledort California produces the majority of the worlds almonds.
@@LanaAledort Yes, here in the UK we buy Tropicana Florida orange juice ... and surprisingly someone recently price checked and found that it's cheaper to buy Tropicana in the UK than in New Jersey ... despite the fact that fruit juices in the UK have 20% VAT (like your purchase tax) added ... how can it be cheaper to send fruit juice thousands of miles across the Atlantic to a different country?
Like F-35's? I guess you don't need those either.
Rice that has arsenic in it
Cooking oil made with solvents
But somehow we all had two cars, a swimming pool and major appliances all made in the US and still we were able to save money. How did we manage that?
Because we also had all the things republicans oppose; unions, better pay, higher top marginal tax rates, more government funded services, etc...
A lot has changed since then, the cost to hire a worker has gone up so much. Partly due to higher wages, partly due to higher taxes. But you can't blame companies for choosing to make their products for so much cheaper elsewhere.
@@Pk-io6xe wow. So the latest union extortion raising unskilled labor rates to $70k a year hasn't contributed to higher prices? smh
@@joecoolioness6399
I have no idea what you're attempting to reference but no, look at other countries that have higher wages for similar jobs. Their prices are usually comparable to ours.
So why are you against people being paid a living wage like they're supposed to be?
He admits that, re: US automakers, he "didn't charge them anything for a month." Finally he admits its a tax on US companies.
They just need to bring that production back home, then no tax, simple! Snap your fingers and it's done 🙃
@@Manowarmx3 You're being sarcastic, right?
Time to make it in America again. I feel no pity for corporations who sold their country out.
@@Manowarmx3 It is funny you think that "snap your fingers and its done" is actually a thing. You cannot unravel 65 years of supply chain integration in the snap of a finger. Even a decade would be difficult. There is a reason the auto sector was integrated like it was.... efficiency and economies of scale.
@@wardy4903 you do realise these plants are going to be mostly automated right?
‘If they’re made in the US, there’s no tariff’ is like saying ‘if you don’t make any income, there’s no income tax’
Well there shouldn't be an income tax but that's a separate subject.
@@PBMainiacpay your fair share
@@sugar2943 Holy smokes that's one of the dumbest things I've read in a RUclips comment, and I've been around.
@@sugar2943 I agree. A flat tax rate across the board. I propose 10% across all incomes. Get rid of the BS progressive tax brackets.
And yet.. this person gets to vote 😂
The guy who has bankrupted casinos knows everything there’s to know about tariffs.
@@sinny721which he bought since he couldn’t graduate
@@sinny721
And won't share records showing he was a C- student at that.
hes won 3 elections... might win a 4th
Trump think he's always the smartest in the room. If not, that one is fired.
Hes still a Billionaire, so whats your point?
These tarrifs wars only affect the average citizens of each and every country involved. The president of each country whether its US, Canada, Mexico, China etc they will still eat atleast 3x a day. Not affected by these tarrifs wars. It's the citizens who will suffer from these tarrifs wars.
0% on Russia. Speaks volume!
Sanctions are in place.. meaning there is no trade between the U.S., and Russia... how can he place a Tarrif onto a country we dont trade with...
What does Russia make that we import
@@nickomoyle1492 Russia is the main source of justifications in almost all sorts of BS produced in US :))
@@nickomoyle1492fertilizer. I need my lawn green in the spring to attract all the college girls😎
@@nickomoyle1492 What do you import from the Heard and McDonald Islands, who got a tariff? From what I can find, you imported over 3 billion dollars worth of goods from Russia though, none of which will have a tariff on it.
Given the work ethic, skill, and care of the average American, I don't want anything made in America.
@@u4iadreams exactly!!! Americans would rather take public assistance than work minimum wage - especially hard labor like factory work. Why do we think that it’s the migrants who worked the fields and construction?
@@LanaAledort you're clueless. What a shocker.
Hmm, most cars in the US are assembled by US citizens. So you already drive one. Many companies do this. Google works for everyone.
And this is why nobody buys American cars in the first place.
@@Dreadfaith you deported hundreds of these "citizens". Or are they only "citizens" when it suits you?
Tariffs =higher cost for consumer
Hmm, he imposed tariffs in his first term, inflation was 1.4% when he left office.
@@2528drevasnot comparable. Tariffs now are much higher and the US was in a recession when he left.
Union extortion for ridiculous labor rates = higher costs to the consumer. Where is all the outrage for that?
Can't we just buy a car in a box and we assemble it ourselves? LOL
Thanks for sharing this, learned a lot.
Trump just made your next car at least 30% more expensive.
Why is the price of eggs still high ? Were there already tariffs on them ???😂
America’s FAFO moment 😂😂😂
@@nicodesmidt4034egg prices been down goofy
No. Recession comes around it will drop in price. Recession is right around the corner anyways…
@@nicodesmidt4034 egg prices been went down goofy
@@qiangsun5684did you watch the video?
labour costs alone for a fully-unionized USA built vehicle will be insane, enjoy.
There is a reason UAW is happy about auto tariffs, monopoly on labour, which equals very expensive vehicles.
We are at 4% unemployment an an aging underskilled workforce-- we don't even have the workers needed to work these plants. This is like Brexit x 1000
that's the thing.. they would modernize everything and robots would do that work, so it would not create jobs.
It’s hard to believe that a 25% tariff on every import - like car parts and other goods not made in the U.S. - would effectively solve the issue. Trump’s strategy seems to be either trying to create a "new China" in the U.S. by increasing domestic trade and efficiency, similar to how China produces everything within its own borders, significantly reducing costs and boosting profits. Or, perhaps, he's experimenting with this approach in the U.S. to see if it works.
However, a 25% tariff is likely to backfire, as it will just drive up prices for American consumers. Companies will have to hike their prices to cover the cost of tariffs, and in the end, it’s the American public who will bear the burden. On the other hand, if tariffs were gradually increased - let’s say up to 150% - it would force companies to shift toward local production or buy locally sourced parts, as the price of importing goods would become unsustainable. While it would likely be a difficult transition, in the long run, it could push for more domestic manufacturing, reducing dependency on foreign imports.
In the short term, though, the 25% tariff seems like a step that will only raise consumer costs without a significant shift in production practices. A more gradual approach could have a more lasting impact, encouraging local production without causing a price shock for consumers.
China doesn't force everyone to pay their employees the same, they are smart and actually take into account the cost of living in each area. So they can save tons on labor costs by manufacturing in poorer areas but they are also providing jobs for poorer people so it is a win win.
US CEOs did this to the country when they started offshoring jobs focusing their efforts on the stock market, stock holders and board compensation
So why did you Americans buy their products?
thanks to reagan? if it's about revenue, tax the ceos then.
@@billpugh58 I was an infant at that time so I can't speak for that first hand, but I can speak for my parents situation back then based on what they told me... When you have a $12 food budget left for the month after paying bills, you buy what you can afford, which is whatever costs the least. The average person here has been squeezed for a long time and hasn't had the luxury of choosing US made products over cheaper imports. To someone who has never lived that way, the idea is foreign because they've always had the luxury of choosing what they believe is right without risking homelessness. Ultimately though this is a result of policies being enacted which benefit large businesses at the expense of consumers... What is affordable always adjusts itself to the lowest possible standard of living that keeps a majority of poor people just solvent enough to accept the status quo.
The guys who did that are mostly dead and gone and even their CEO jobs are now held by non Americans....
So why is the solution to that taxing the average person to give tax breaks to the rich, instead of just taxing the rich? There are many countries that have protectionist policies to encourage local manufacturing and discourage foreign goods. NONE of them have come up with the brilliant idea of passing a cost hike on average Joe to collect that extra revenue to pass it on to handful of richest people in the world. Your outrage is justified but this is a case of hiring a wolf to look after your sheep, it’s not going to protect your sheep.
With the Trump tariffs there is going to be massive unemployment in the USA automotive industry. Compared to other low wage countries, USA workers charge too much. So to keep costs down, Ford, GM, Stellantis and Tesla are going to respond by trying to use more robots that work 24/7 with no unions.
Maybe you'll see Americans crossing the border into Canada and Mexico to buy cars😂
@MiCnWww Maybe. But if you cross the border into Tijuana to buy a cheap Mexican, in your return to the USA border you are going to get charged a tariff. You cannot smuggle a car
Job loss + increased taxes = bankruptcy. And no one knows bankruptcy better than Trump.
Tesla cars for the US market are made in the US by non union labor you dolt.
He fails to mention this is the reason there companies left the US to begin with
Plot twist…that F150 would have broken down on its own 😂😂
haha good one
Facts
Lol
😂😂 that looks like your average mechanics table when you ask "did you find out what was wrong with truck"😂
Lol Chevy driver that voted for trump.. when the company is based in Michigan just like Ford. You’re not dynamically onboard, you’re diabolically off base with reality.
I’m sure Trump thought about none of this😂😂😂
Obviously the consumer will take a initial hit here.. DUH
This is a long term plan. We NEED industry back in the US to survive as a independent country.
@oladavol Dude it’s pretty evident that u understood absolutely nothing from the video. By the time the supplier gets changed and new factory would be setup, Trump would complete his 4 years so the industry is not going to do anything and let the consumer take the hit for next 4 years until new govt gets formed
I developed the F150’s dashboard and switch lamp control for the parking brake. Greetings from GER 🇩🇪
It's wild, I was on the team that developed parts in the US for the Ford Edge...in China, for a variant unique to their market. Trump's team doesn't understand that this ain't 2001. Manufacturing in the US has stabilized and is globally integrated.
That is why it is getting so expensive :)
Why did you put such big tablet in front, can't you design something better
Hoping Volkswagen survives. Love the electronic handbrake on my Golf Trendline
Nobody has even mentioned design, just in Europe there are world class design bureaux in the UK, Italy, France and more.
we are so cooked
I have been a collision repair tech for over 23 years, and Domestic brands cannot compete with the quality, reliability, fit and finish of foreign manufacturers. We struggle to get Fords, Jeeps and GM's through the shop compared to foreign vehicles due to poor quality control of replacement parts, improper shipping making service parts unusable, back order parts or parts unavailable. Also GM's body replacement parts are parts pulled from the factory that do not meet quality criteria for a new vehicle but then get sold as replacement parts. Its close to impossible to return the vehicles to pre accident condition due to factory blemished parts and we have to suffer the wrath of the customer from the choice they made of purchasing domestic. Quality will drop even more on "Domestic" brands and price will increase.
Thank you.
I do collision work as a painter in metro Detroit it has been ridiculously slow for the past 6-8 months. What’s the work flow for your area?
So Canada Germany and Mexico are on the tarif list? I swear when I read it. It didn’t mention those countries?
FDJT thinks fentanyl smugglers have to pay tariffs. 😂
So you feel Canada has the right to sell fentanyl in the US?
@ichigokurosaki2725 They are smugglers, you think they follow rules? 🤦♀
Look up the amount of fentanyl coming across the border. It is the job of American border control to apprehend illegal drugs.
I'm not sure how taxing GM and Ford importing steel from Canada will deter fentanyl smuggling. @@ichigokurosaki2725
entertaining
If made in America is so reliable it won’t be replaced by made in Japan back in 1980s….
It's not about reliability. It's about the cost of manufacturing the parts. Foreign labor is cheaper where parts are made.
I think that’s the point. Plan seems risky and like we’re going to struggle pretty hard in hopes of a reset.
Desperation often leads to innovation.
But people eat tidepods now, so it may be over 😂
I also have no idea what I’m talking about.
@@Tyler-Woodyit would also drive countries away from its influence. And maybe replacing the US dollars in world trade. The more the world uses the dollar, the more the US can print money out of thin air without affecting the value of its currency.
@@palebeachbum not in the 1980 case. Made in Japan is not cheap but the quality and fuel efficiency is much better
Yes but also, there are just straightforward, material reasons some things shouldn’t be made in the US even if they can be. One of the benefits of global trade is that at least in theory, things will be made in the best place to make them and then everyone gets access to that, rather than forcing every country to deal with the local drawbacks of certain production realities. Japanese production and manufacturing culture has a long history of lending itself well to extremely sensitive high volume products- not the best place to make EVERYTHING but probably the best for safety sensors. In the same way, forcing japan to try to domestically replace canadian lumber or us meat industries is just absurd. The scheme is a pipe dream, neither history nor markets ever truly go backwards the way they are pretending they will.
I am old enough to remember when all this was made in American. And stuff wasn't expensive. The problem is they have gotten used to being billions in black. Truth is the market equal out. They saw cheap labor, let's be honest.
The car and mostly lot of thing back then were lot more premitive. And it actually puzzles me that they say older viechle last. They are not, back then rebuilting a engine every 50k miles was a common thing. A transimittion barely going over 100k without issue. And when you are making 50 cent an hour. A 500 dollar car is just as expensive as what car cost today. We feel cars become more expensive because we know the other side of thr world have the same thing but cheaper.
My Mom paid $800 for a microwave 30 years ago. Was upset when she had to replace it after 20 years because she still expected to pay $800 for a premium brand instead of $1600. So her recollection was that it was cheaper living back then, but she was wrong. My Dad was making twice as much as he was making back then too. It is all relative.
It's fascinating how little Trump understands about the global economy.
Why do expect economic knowledge from someone who went 3-times bankrupt with a casino?
he is king of the dumb
It’s fascinating how little he knows about anything!
Or anything that isn’t in a comic book
Trump and his base don’t understand how extreme protectionism backfires. A closed economy is not sustainable. Have to open up and allow free trade.
High prices are patriotic.
Until nobody can afford it.
🤣
Pain for the poor today, jobs for the ROBOTS tomorrow!
Freedom is expensive
@@paulmaartin A lot of these guys can't do math. I had one tell me "NO! Don't raise taxes, I said INCENTIVE the factories to come back". They don't realize they have to pick up the slack when the corporations are given breaks.
The pickup truck of today is no longer a pickup truck. They are just SUVs with 4ft beds attached to them. They were overpriced before the tariffs and will still be when they are lifted.
Not to be rude but, the point kinda just flew over your head didnt it?
The Pickup truck was just an example, these taxes will all be applied to EVERYTHING America makes because america cant make these in-house. In turn making cheaper things expensive and already expensive things more expensive.
What makes a truck a truck? You do know suvs are considered trucks right?
@@sgxsaint3130well I’m not sure about this or if it would be relevant but I’ve seen a lot videos of dealerships with lots filled, not selling new cars and trucks. If that’s the problem now it’ll most likely happen with the tariffs. But that’s my opinion. Prices will go up and will most likely go down after sitting in the lot.
@@BigMikey1776 As far as I know, apart from how expensive cars are now, arent there a lot more cars still stuck in lots due to the microchip shortage that happened a year ago? But eitherway the coming tarrifs wont be good for the automotive industry, especially with how much money they're already losing now and it will make many of the daily things more expensive, computers, phones, clothes etc.
Oh, sweet baby. When the tariffs are lifted, that will just be the new MSRP, because people will be used to that price and it will let the car company make "record profits" once again
Great video well explained. 👏