Stellantis layoffs

[Dusty Dude]

Are you clear on who pays those tariffs? Those tariffs are collected from people that pick up the items from the port, not the other country. That is, those tariffs are paid by us, not them.

No argument there. The difference is we get the choice of if we want to pay the tariff or not. We don’t get a choice about paying taxes.

The other country has the choice if they want to keep their existing tariffs in place or not on our products.

If the tariffs are dropped, US companies can sell products in a new overseas market. Their profits go up and they pay more taxes to our government that we aren’t paying.

Sponsored

 

[Hucke_250]

Ford and Gm STILL haven't done any layoffs Amazing how the tariff only affected Stellantis, and only hours after they were announced

Looks like GM is moving some production back to Indiana and will be hiring.

https://finance.yahoo.com/news/exclusive-gm-increase-us-truck-164754389.html

https://www.detroitnews.com/story/b...yne-indiana-tariffs-donald-trump/82794018007/

 

[azjl#3]

It will take trillions and trillions of dollars and years of time to repatriate manufacturing of goods, and when we do, we'll be paying American prices. On what planet is this a good strategy?

The planet where Americans make American products for Americans. Americans employed paying taxes, not scarfing down welfare.

OBTW, stallantis laying off 900 because of tariffs, hardly, they are using it as an easy excuse

 

[NWJeepr]

The planet where Americans make American products for Americans. Americans employed paying taxes, not scarfing down welfare.

OBTW, stallantis laying off 900 because of tariffs, hardly, they are using it as an easy excuse

So we can all pay higher prices and face greater barriers to trade, got it.

Nobody outside the current admin thinks this is a good strategy. But, fuck it, be poor, I don’t care.

 

[Zon]

How is that MAGA?

NOBODY likes paying taxes, rich and poor alike. The rich are just better at avoiding them. (And he is NOT my dear leader, I am simply talking about tariffs)

Your premise is on these tariffs being permanent. If they were to be permanent, then you would be correct, as I have stated before. These tariffs cover all products, not just the auto industry. If the cars are manufactured here, then the tariff doesn’t apply except for the parts, as you said. That affects all car companies. Any other products manufactured here instead of overseas creates jobs, and more importantly, tax revenue from companies, whether foreign or domestic. Companies won’t be as able to hide their profits overseas.

The tariff idea came from our own past history back before income taxes were a thing. Our government ran solely on revenue collected from tariffs. Most foreign governments today use tariffs against us to fund their budgets.

A tariff is a tax and that tax is paid for by the consumer. If bmw ships a car, we impose a tax on the car because it’s from mexico (see what I did there) and then Bob in Nebraska buys said car he’s paid the tax.

 

[Dusty Dude]

So we can all pay higher prices and face greater barriers to trade, got it.

Nobody outside the current admin thinks this is a good strategy. But, fuck it, be poor, I don’t care.

The whole purpose of these temporary tariffs is to remove the current trade barriers US companies face in foreign markets.

STOP listening to the Paul Krugman’s of the world.

A tariff is a tax and that tax is paid for by the consumer. If bmw ships a car, we impose a tax on the car because it’s from mexico (see what I did there) and then Bob in Nebraska buys said car he’s paid the tax.

And if Bob buys his BMW that was manufactured in Greer, South Carolina, then he doesn’t pay the tax. BMW then has to pay corporate tax to our government instead of Mexico’s government or Germany’s government.

 

[Casper_]

A tariff is a tax and that tax is paid for by the consumer. If bmw ships a car, we impose a tax on the car because it’s from mexico (see what I did there) and then Bob in Nebraska buys said car he’s paid the tax.

Wrong. Tariff is not a tax. One can buy American and no tariff is paid. It's a choice. One can't not pay taxes.

Also, if the products are equal in quality, than the buyer will pick the cheaper (non tariffed) product. This will force the tariffed seller to lower the price and settle for less profit.

The ONLY caveat is that in the past domestic sellers RAISED their prices to match the increased prices caused by tariffs. This happened back in the Bush Sr. years when tariffs were imposed on Japanese cars, and GM/Dodge/Ford increased their prices soon after.

 

[NWJeepr]

The whole purpose of these temporary tariffs is to remove the current trade barriers US companies face in foreign markets.

STOP listening to the Paul Krugman’s of the world.

Why shouldn’t we consider what Paul Krugman has to say? I’d consider him more qualified regarding global economics than someone who literally couldn’t sell steaks.

Can you identify what trade barriers we face, as the richest, wealthiest nation on the planet?

Wrong. Tariff is not a tax. One can buy American and no tariff is paid. It's a choice. One can't not pay taxes.

Also, if the products are equal in quality, than the buyer will pick the cheaper (non tariffed) product. This will force the tariffed seller to lower the price and settle for less profit.

The ONLY caveat is that in the past domestic sellers RAISED their prices to match the increased prices caused by tariffs. This happened back in the Bush Sr. years when tariffs were imposed on Japanese cars, and GM/Dodge/Ford increased their prices soon after.

Yes, tariffs are like a VAT. You can choose to not pay taxes... Don’t want to property taxes? Don’t buy a house. Don’t want to pay capital gains? Don’t trade equities. Gas tax? Ride a bike.

It’s harder to avoid some tariffs.

Name a time when tariffs haven’t harmed economic growth.

 

[Dusty Dude]

Why shouldn’t we consider what Paul Krugman has to say? I’d consider him more qualified regarding global economics than someone who literally couldn’t sell steaks.

Can you identify what trade barriers we face, as the richest, wealthiest nation on the planet?

Paul Krugman was a media hack that has an absolute abysmal track record. Mr. Rogers was a better economist.

Sowell, Keynes, Rand, Buffett, and even the dreaded Soros are better resources. Kiyosaki(sp?) too.

Every tariff placed against the US by a foreign country creates a trade barrier. You won’t find American made cheese or lumber in Canada. Try to find an F150 or a Ram in Europe. The only Jeep you will find is a Renegade that was manufactured in Italy.

We sell a huge amount of beef to Australia because there is no tariff.

 

[TrailScooter]

You are naive at best. How does the koolaide taste this time around?

The 29% has spoken....

 

[NWJeepr]

Paul Krugman was a media hack that has an absolute abysmal track record. Mr. Rogers was a better economist.

Sowell, Keynes, Rand, Buffett, and even the dreaded Soros are better resources. Kiyosaki(sp?) too.

Every tariff placed against the US by a foreign country creates a trade barrier. You won’t find American made cheese or lumber in Canada. Try to find an F150 or a Ram in Europe. The only Jeep you will find is a Renegade that was manufactured in Italy.

We sell a huge amount of beef to Australia because there is no tariff.

Because buying lumber from Canada was cheaper than cutting down all the trees in the US?

And the French make better cheese?

And most people in the UK couldn’t fathom driving something the size of an F150, let alone fueling it…

Beef, really? Are you sure about that? Was there not a ban on US beef imports in Australia starting in 2003 and basically never ending?

There is so much wrong or short-sighted, partial and false info coming from you, THIS is why I typically reply to your trope with gifs.

 

[JLUR Farout]

The United States has had tarrifs on our goods for decades and we did not impose the same in return. We need to return manufacturing back to our States, our Cities, and our Towns. Lowering taxes alone won't do it on a mass scale due to cheap overseas labor and lower environmental standards. We need to be able to compete on the global market. I am not for picking certain industries to offer tax incentives to, just like I do not think a single person with no children should pay more in taxes than a married couple with children. If we cannot sell items made or grown in America in country X without a tarrif, country X should not be able to sell their goods here without a tarrif.

Jeep, and I think most every other vehicle manufacturer, has messed with the super special invoice price thanks to the internet. It is my theory that especially in the last five years that invoice price has been inflated to ensure a much higher profit margin.

Unrelated, anyone else here engage with this Site on a laptop? Does your curser just randomly leave the text box while typing?

 

[Mifsuud]

Wrong. Tariff is not a tax. One can buy American and no tariff is paid. It's a choice. One can't not pay taxes.

Also, if the products are equal in quality, than the buyer will pick the cheaper (non tariffed) product. This will force the tariffed seller to lower the price and settle for less profit.

The ONLY caveat is that in the past domestic sellers RAISED their prices to match the increased prices caused by tariffs. This happened back in the Bush Sr. years when tariffs were imposed on Japanese cars, and GM/Dodge/Ford increased their prices soon after.

Please tell me what American made television is on the market. Or PC monitor. Cell phone. GE sold their appliances division to China years ago. Stating one can simply decide to buy American is a total fallacy. We decided to stop manufacturing products as competition developed. It was more profitable that way.

 

[Casper_]

Please tell me what American made television is on the market. Or PC monitor. Cell phone. GE sold their appliances division to China years ago. Stating one can simply decide to buy American is a total fallacy. We decided to stop manufacturing products as competition developed. It was more profitable that way.

"We" decided? Who's "we"?

The same economics forces that pushed manufacturing out can also bring it back. No sane person expects this overnight, same like the offshoring didn't happen overnight.

BTW, what "competition" forced us to offshore? What Chinese electronics company forced GE to offshore and then offload to China?!? Name one Chinese company that kicks our ass.

Bet you a case of beer that most of those tariffs won't last to the end of the year but will be used as a negotiation tool. No country will dare to go to war with Trump. He's too "crazy" for them.

 

[Dusty Dude]

Because buying lumber from Canada was cheaper than cutting down all the trees in the US?

And the French make better cheese?

And most people in the UK couldn’t fathom driving something the size of an F150, let alone fueling it…

Beef, really? Are you sure about that? Was there not a ban on US beef imports in Australia starting in 2003 and basically never ending?

There is so much wrong or short-sighted, partial and false info coming from you, THIS is why I typically reply to your trope with gifs.

You misread my comment: you won’t find American made lumber in Canada because of a tariff on American lumber. You won’t find American cheese in Canada, not because the French cheese is better, but because there is a tariff of over 200% on American dairy.

As for the F150: how about any Ford made in the US? I noticed you didn’t comment on the Jeep…

Australia is complaining right now because some idiot in this admin added Australia to the tariff list even though they don’t have a tariff on American beef(one of their largest US imports). Mexican beef was banned by Australia around 2003 because of the ”mad cow” scare and the ban is still in effect today.

Finally, my being wrong, short-sighted, partial and false: Is this your opinion, or do you have an example to add to this discussion?

I stand by my original comment that the media is gaslighting us. The level of education of most announcers is limited to how well they can read a teleprompter. I have never found anyone in the media that understands basic economics past balancing their own checkbook.

Sponsored