Mainecat Posted March 21, 2019 Share Posted March 21, 2019 Trump administration withholds report justifying 'shock' auto tariffs Source: Politico The Commerce Department's February finding that major tariffs on foreign cars can be justified on national security grounds has not previously been confirmed. By ELIANA JOHNSON and ANDREW RESTUCCIA 03/20/2019 05:05 AM EDT A confidential government report has provided President Donald Trump with a legal rationale to impose heavy new tariffs on foreign cars as soon as this spring, a prospect fiercely opposed by White House officials and congressional Republicans alarmed by its enormous economic and political stakes. The Commerce Department submitted the report to the White House in mid-February, triggering a 90-day period for Trump to decide whether to impose tariffs, which could reach as high as 25 percent, on imported autos. It concluded that Trump could justify the tariffs on national security grounds and offered a range of options in response — putting the decision in the president’s hands, four people familiar with its conclusions told POLITICO. Although the existence of the report was previously known, the administration has kept its findings hidden — including from a powerful Republican senator who has demanded to see it — and its conclusion had not been previously reported.................................. .................... But Trump’s senior economic advisers are almost universally opposed to slapping new tariffs on auto imports, warning of dire economic and political consequences. They argue that the tariffs would infuriate close U.S. allies from Asia to Western Europe. German Chancellor Angela Merkel said last month that the idea German cars threaten the U.S. would be “a shock.” The move could also undermine efforts to persuade Congress to approve the U.S.-Mexico-Canada trade deal. ................................ Read more: https://www.politico.com/story/2019/03/20/trump-tariffs-automobiles-commerce-1228344 Quote Link to comment Share on other sites More sharing options...
Zambroski Posted March 21, 2019 Share Posted March 21, 2019 I didn't have to read much of this to realize you didn't understand any of it. Normal. 1 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted March 21, 2019 Platinum Contributing Member Share Posted March 21, 2019 (edited) Virtually every country we export vehicles to has large tariffs on them but hey let's continue to bend over for unequal treatment from the rest of the world. Edited March 21, 2019 by Highmark Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted March 21, 2019 Platinum Contributing Member Share Posted March 21, 2019 It didn't realize MC was so concerned with the Japanese auto industry. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted March 21, 2019 Author Share Posted March 21, 2019 25% tarrifs. FUCK TRUMP Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted March 21, 2019 Share Posted March 21, 2019 You know Americans buy German cars built in Germany and shipped to the USA for less than what the Germans can buy them for. Quote Link to comment Share on other sites More sharing options...
Edmo Posted March 21, 2019 Share Posted March 21, 2019 11 minutes ago, Mainecat said: 25% tarrifs. FUCK TRUMP Still haven’t figured out his negotiating style and tactics yet huh? Does China ring a bell? Quote Link to comment Share on other sites More sharing options...
Mainecat Posted March 21, 2019 Author Share Posted March 21, 2019 Fuckin apologists here make me sick. Quote Link to comment Share on other sites More sharing options...
Edmo Posted March 21, 2019 Share Posted March 21, 2019 6 minutes ago, Mainecat said: Fuckin apologists here make me sick. It’s just a different approach. I don’t like tariffs either. But don’t be so butthurt. Time will tell if it’s working. If not, then he got about as much done on trade as the last guy. Quote Link to comment Share on other sites More sharing options...
Mileage Psycho Posted March 21, 2019 Share Posted March 21, 2019 2 hours ago, Edmo said: Still haven’t figured out his negotiating style and tactics yet huh? Does China ring a bell? China eh, nothing like the welfare we are providing the soybean farmers...............winning. Quote Link to comment Share on other sites More sharing options...
Edmo Posted March 21, 2019 Share Posted March 21, 2019 4 minutes ago, Mileage Psycho said: China eh, nothing like the welfare we are providing the soybean farmers...............winning. Such short term thinking Vin just to bust the guys balls. I’m surprised coming from you. Did you hear what Cramer had to say yesterday about China and tariffs? Look it up. It’s good stuff. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted March 21, 2019 Platinum Contributing Member Share Posted March 21, 2019 Fuck em , I drive American made. 1 Quote Link to comment Share on other sites More sharing options...
Edmo Posted March 21, 2019 Share Posted March 21, 2019 Here’s a link for you short term thinkers. https://www.cnbc.com/video/2019/03/20/cramer-china-trade-talks-is-now-more-about-trust-than-the-trade-gap.html Quote Link to comment Share on other sites More sharing options...
Mainecat Posted March 22, 2019 Author Share Posted March 22, 2019 3 hours ago, steve from amherst said: Fuck em , I drive American made. When they sell less of American cars the price goes up. They sell less overseas due to the huge import taffifs countries put on them due to Trumps ignorance Quote Link to comment Share on other sites More sharing options...
Snoslinger Posted March 22, 2019 Share Posted March 22, 2019 3 hours ago, steve from amherst said: Fuck em , I drive American made. And less competition, from better quality cars, will do what? Quote Link to comment Share on other sites More sharing options...
Guest Posted March 22, 2019 Share Posted March 22, 2019 This tariff bullshit will implode the market. Quote Link to comment Share on other sites More sharing options...
Guest Posted March 22, 2019 Share Posted March 22, 2019 I hope he doesn't create a massive cluster-fuck for the market. The market implodes on the slightest of reasons. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted March 22, 2019 Platinum Contributing Member Share Posted March 22, 2019 11 hours ago, Snoslinger said: And less competition, from better quality cars, will do what? THe competition will still be there. My stand on tarrifs is the same as it has always been . I don't care if it's 0% or 100% as long as it's the same as the other country charges us. 1 Quote Link to comment Share on other sites More sharing options...
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