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Posted
On 3/20/2025 at 2:22 PM, The Frankish Reich said:

Of course, the immediate issue here is the conflicting justifications for the tariffs.

They're to stop fentanyl trafficking. No, they're to stop Canada and Mexico from taking advantage of us. No, they're to raise revenue in the most beautiful manner possible. No, they're to give companies an incentive to shift production and jobs to the US.

So we can only pick one?

Posted

4c10b620-092c-11f0-90f4-f3d758859282.jpg

 

Hyundai unveils $21bn US expansion as Trump tariffs loom.

 

The plan includes a new $5.8bn steel plant in the southern state of Louisiana.

 

Hyundai also said it will expand its American vehicle production and invest billions of dollars in new technology including autonomous driving and

artificial intelligence (AI).

 

“This investment is a clear demonstration that tariffs very strongly work,” Trump said during the event at the White House on Monday.


He added that more tariffs on vehicle imports are likely to be announced this week.

 

Hyundai said the new steelmaking facility will produce more than 2.7 million metric tons of steel a year and create more than 1,400 jobs.


It is expected to make steel for Hyundai’s plants in Alabama and Georgia.

 

The announcement also included plans to invest $9bn to boost the firm’s production in the US to 1.2 million vehicles a year by 2028.


Hyundai also said it had earmarked $6bn to expand partnerships with US firms to develop technologies including self-driving vehicles, robotics and AI.

 

On Wednesday, Hyundai Motor is set to hold an opening ceremony for a new $7.59bn car and battery factory in Georgia.

 

It already has a manufacturing facility in Alabama and its affiliate Kia has a factory in Georgia.

 

When fully operational, the three plants will have capacity to make a million vehicles a year, the company said.

 

 

https://www.bbc.com/news/articles/cgkmvdz144vo

 

 

I had been told tariffs wouldn’t work.

 

 

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Posted

CNBC:

 

President Donald Trump on Wednesday said he would impose 25% tariffs on “all cars that are not made in the United States.”

Trump said there is “absolutely no tariff” for cars that are built in the U.S.

Auto stocks fell in after-hours trading following Trump’s announcement.

Scharf said the tariffs will result in “over $100 billion of new annual revenue” to the U.S. <----Hey MAGA, those are taxes on Americans 

Posted

 

 

This is a great article that traces the supply chains of the auto industry from the initial ingot of Canadien aluminum crossing the border multiple times and ends up in a Chevy differential. Vehicles are going to cost thousands more. That's a tax on American consumers 

 

https://www.washingtonpost.com/business/2025/03/02/tarrifs-auto-industry-car-parts-cost/

 

 

 

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Posted (edited)
20 minutes ago, Trump_is_Mentally_fit said:

CNBC:

 

President Donald Trump on Wednesday said he would impose 25% tariffs on “all cars that are not made in the United States.”

Trump said there is “absolutely no tariff” for cars that are built in the U.S.

Auto stocks fell in after-hours trading following Trump’s announcement.

Scharf said the tariffs will result in “over $100 billion of new annual revenue” to the U.S. <----Hey MAGA, those are taxes on Americans 

Auto makers said, “this will result in more good Union jobs” so if it goes flawlessly we will have succeeded at increasing the cost of goods for the entire US so we can pay $90 dollars in OT wages to somebody working on a line ( no offense to those that do). If it doesn’t go well it will just be the tax with no further job creation.
 

Sweet

Edited by Mikie2times
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Posted
2 minutes ago, Mikie2times said:

Auto makers said, “this will result in more good Union jobs” so if it goes flawlessly we will have succeeded at increasing the cost of goods for the entire US so we can pay $90 dollars in OT wages to somebody working on a line ( no offense to those that do). If it doesn’t go well it will just be the tax with no further job creation.
 

Sweet

Ya sure, taxing our way to prosperity. 

 

Just stupid. 

Posted
8 minutes ago, Mikie2times said:

Auto makers said, “this will result in more good Union jobs” so if it goes flawlessly we will have succeeded at increasing the cost of goods for the entire US so we can pay $90 dollars in OT wages to somebody working on a line ( no offense to those that do). 
 

Sweet

Is there anything leftists don’t B word and cry about? Good Lird what a bunch of babies!

Posted
11 minutes ago, Mikie2times said:

Auto makers said, “this will result in more good Union jobs” so if it goes flawlessly we will have succeeded at increasing the cost of goods for the entire US so we can pay $90 dollars in OT wages to somebody working on a line ( no offense to those that do). If it doesn’t go well it will just be the tax with no further job creation.
 

Sweet


Jobs that can be easily replaced by robots. 
 

 

When will MAGAs learn that the golden age of industrial labor is long over?

Posted
1 minute ago, Westside said:

Is there anything leftists don’t B word and cry about? Good Lird what a bunch of babies!

Increasing the cost of goods for no reason when they're already at record levels.

 

I know, what "lil B's"

Just now, Roundybout said:


Jobs that can be easily replaced by robots. 
 

 

When will MAGAs learn that the golden age of industrial labor is long over?

South Park Jobs GIF

Posted
Just now, Mikie2times said:

Increasing the cost of goods for no reason when they're already at record levels.

 

I know, what "lil B's"

You want to keep losing good paying jobs to third world countries? You have no clue what you’re talking about.

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