Ford, GM, Chrysler instantly regretting their republican pac contributions as Toyota comes to eat their lunch even harder.
(Toyota assembly and majority sourcing for USDM is done entirely within the US while domestic companies have mostly outsourced to Mexico heavily)
Those companies will just bribe him into writing in an exemption for them.
I recently read that the Toyota Crown is assembled in Japan. Has there been any hints of tariffs there?
Correct, that is JP built, along with a cpuple other small name models… And trump has flat said everything imported is gonna see a minimum 10% tax. seeing as how the Crown made up for <1% of toyota’s total sales volume for q3 2024, I doubt there’s going to be a huge overall impact to their sales competitiveness vs the Big 3’s entire lineup though
I’ve never even heard of that model; I could be wrong but I’m having a hard time imagining it makes up a very sizeable chunk of their inventory or sales ledger
Trump vastly misunderstands how foreign dependent America’s bullshit economy of e-slop, finance, and exploiting health issues is.
A trade war right after he kicks out the only people who actually make shit in America would be fucking hilarious if it wasn’t so fucking dire.
No, he doesn’t but his policy writers do know. It’s called shock doctrine.
This aligns perfectly with a bit I read that said that social movements and protest movements largely form and organize under progressive / non-repressive political situations where the people aren’t so busy fighting for their basic survival that they can get more involved in politics.
Many small but important parts come from China nowadays. Parts we use directly, and those that end up in things people buy: screws and bolts, electronic parts, all kinds of plastic products. The US no longer has the machines or manpower to produce those parts on their own, and will still have to buy them in China.
Brace for inflation in the US like you have last seen in the 1920s.
* does not apply to Chinese made MAGA hats
There will be lots of places to put the new Trump “I did that” stickers.
I kinda want to do this just to get some petty revenge on the fuckers that plastered gas pumps with Biden stickers (which they then had to remove when gas fell back down to normal prices eventually lol)
I had to laugh when I saw those being scraped off post-haste, because it actually looked fantastic (For Biden that is! And the fucking morons that plastered “FUCK BIDEN” on t-shirts, flags and so on - even in front of children - didn’t want to make Biden look good, dog forbid!), given the prices at the time.
I am prepared for prices in general to rise. I am also prepared to explain why to every dipshit Trumper I see in my vicinity.
If I owned a store, I’d itemize the Trump Tariff on every receipt, and a total for how much extra you paid because of him.
I love this
Edit: I also think taxes should be itemized on US paystubs, like is done in many civilized nations.
One reason so many in the US hate taxes automatically is because it is a black hole into which we have no insights (on paystubs).
Your paystub (in the US) should state how exactly much is going to Medicare, unemployment, social security, disability, and general state and federal income for various programs (highway repair, workforce development, etc depending how your state uses income tax). If this is not on each of your paystubs, speak to your payroll department.
What do you mean by itemized taxes? I can already see where taxes are going on my paystub: health, dental, vision, federal tax, state tax, Medicare, and social security. I can also see how much is going to 401k.
More itemized than that? I wouldn’t really want to see where the federal and state taxes are being used simply because I think that would be way too many items.
