Trump's Huge Automotive Tariffs Backfires - Both Toyota and Nissan to Invest Big Time in China

[bver_hunter]

Not only these two Big Giant Automakers, but several other Multinational Corporations are investing heavily in China:

Trump Goes Nuts as Toyota Turns Its Back on US: Devastating Blow to US Automotive Industry

 

[lomotil]

Not only these two Big Giant Automakers, but several other Multinational Corporations are investing heavily in China:

Trump Goes Nuts as Toyota Turns Its Back on US: Devastating Blow to US Automotive Industry

MAGA will go down as one of the greatest hoaxes in America and very soon too !

 

[silentkisser]

And, let's not forget that he's walking back the auto tariffs...

Trump signs executive orders to give automobile industry some tariff relief

U.S. President Donald Trump signed executive orders Tuesday that he said will give some temporary relief to an automotive industry besieged by multiple tariffs that have caused anxiety and concern throughout the deeply integrated North American market.

www.ctvnews.ca

Basically, the CEOs of automakers told him they would be forced to raise prices and/or face supply chain issues. This "temporary" pause will probably last much longer than Trump and company will want to admit.

Trump view's trade like the mercantile system from the 1790s. And, he's basically fucking up America's economic dominance and giving a lot of ground to China. He is such a tool.

 

[GameBoy27]

Trump's tariffs, reduced tariffs, pause on tariffs, oh wait, tariffs are back etc. must be driving auto execs. nuts. How can any manufacturer plan for the future when he changes his mind and creates new policies every week. What a lunatic.

 

[richaceg]

China will fold on the tariff wars. There is political unrest on CHina soil. Toyota & Nissan to invest big time on China doesn't affect the US market LoL...

https://finance.yahoo.com/news/live/trump-tariffs-live-updates-china-eases-tariffs-on-select-us-goods-as-trump-says-beijing-will-eat-the-costs-191201015.html

 

[bver_hunter]

Trump's popularity is tanking as the Americans are very concerned about where the country is heading.
China on the other hand is expanding its market to several other Nations including the EU.
The biggest losers at the very end will be The USA and not China!!

Trump-China tariff war: Who’s winning so far?

It’s early days, but the warning signs are flashing red for the US.

www.aljazeera.com

 

[richaceg]

Trump's popularity is tanking as the Americans are very concerned about where the country is heading.
China on the other hand is expanding its market to several other Nations including the EU.
The biggest losers at the very end will be The USA and not China!!

Trump-China tariff war: Who’s winning so far?

It’s early days, but the warning signs are flashing red for the US.

www.aljazeera.com

That's the new word on the Democrat circle...heard that on msnbc CNN and ABC...Schumer and Jeffries..."tanking"... it's like one person comes up with a new word and everyone clings to it...lol.

 

[nottyboi]

China will fold on the tariff wars. There is political unrest on CHina soil. Toyota & Nissan to invest big time on China doesn't affect the US market LoL...

https://finance.yahoo.com/news/live/trump-tariffs-live-updates-china-eases-tariffs-on-select-us-goods-as-trump-says-beijing-will-eat-the-costs-191201015.html

Dude buy a clue please. 1 ethane is used for making PLASTIC, Chinese industry RUNS on plastic, and as for pharma, don't you think the govt does not want to harm the people in China that may depend on some US drugs? China will only really put massive tariffs on US products it can easily replace.

 

[Leimonis]

Basically, the CEOs of automakers told him they would be forced to raise prices and/or face supply chain issues.

As long as trans genders are kept in their place!