schizoidman@lemmy.zip to World News@lemmy.worldEnglish · 2 months agoTrump says he'll place 25% tariff on autos from the EU, accusing it of not complying with trade dealapnews.comexternal-linkmessage-square18linkfedilinkarrow-up1112arrow-down16file-text
arrow-up1106arrow-down1external-linkTrump says he'll place 25% tariff on autos from the EU, accusing it of not complying with trade dealapnews.comschizoidman@lemmy.zip to World News@lemmy.worldEnglish · 2 months agomessage-square18linkfedilinkfile-text
minus-squareLemmyoutofhere@lemmy.calinkfedilinkEnglisharrow-up17·2 months agoAnd BMW is the US largest exporter of vehicles. Maybe they will take their production elsewhere.
minus-squareboonhet@sopuli.xyzlinkfedilinkEnglisharrow-up4·2 months agoWhy? They produce in the US, they won’t have to pay tariffs AFAIK Not sure who this will even affect. Most foreign manufacturers selling in the US build those cars in the US.
minus-squareEnoril@jlai.lulinkfedilinkEnglisharrow-up4·2 months agoDoesn’t these tariffs include also car pieces / materials imported to the US before being used / integrated into the car? Car being composed from thousands of equipments manufactured outside the US, i can’t see how they can totally avoid US tariffs.
minus-squareboonhet@sopuli.xyzlinkfedilinkEnglisharrow-up3·2 months agoEh sure, but that also applies to the competition.
minus-squareLemmyoutofhere@lemmy.calinkfedilinkEnglisharrow-up1·2 months agoBecause the US is becoming less of an important market to be in.
minus-squareboonhet@sopuli.xyzlinkfedilinkEnglisharrow-up1·2 months agoChina won’t let them compete with domestics for long. NA continues to be among the two most important markets for European and American manufacturers.
And BMW is the US largest exporter of vehicles. Maybe they will take their production elsewhere.
Why? They produce in the US, they won’t have to pay tariffs AFAIK
Not sure who this will even affect. Most foreign manufacturers selling in the US build those cars in the US.
Doesn’t these tariffs include also car pieces / materials imported to the US before being used / integrated into the car?
Car being composed from thousands of equipments manufactured outside the US, i can’t see how they can totally avoid US tariffs.
Eh sure, but that also applies to the competition.
Because the US is becoming less of an important market to be in.
China won’t let them compete with domestics for long. NA continues to be among the two most important markets for European and American manufacturers.