The US will impose tariffs on foreign-made cars starting on April 2, US President Donald Trump said. One institute has said the tariffs could raise the price of a car in the US by thousands of dollars.
So what defines a “foreign” car? BMW builds the X3 in South Carolina and VW builds their SUVs in Tennessee. However Ford builds the Bronco in Mexico. So which one will be tariffed?
They just need a metric to wave in the face of their very stupid voter base. If they don’t get any, they’ll make some up. They absolutely do not care if this policy successfully results in the stated intended effect.
So what defines a “foreign” car? BMW builds the X3 in South Carolina and VW builds their SUVs in Tennessee. However Ford builds the Bronco in Mexico. So which one will be tariffed?
Under normal circumstances the car which crosses a border.
So Ford gets taxed while the “import” brand doesn’t. Another well thought out policy by this administration. My “foreign” car was built in Alabama.
They just need a metric to wave in the face of their very stupid voter base. If they don’t get any, they’ll make some up. They absolutely do not care if this policy successfully results in the stated intended effect.