Stellantis layoffs

[2timing]

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

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[Tncdrew]

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

And that literally could be that last comment that this thread needs....

 

[Dusty Dude]

It's not worth getting into a discussion with you when your post things like this. Like most MAGAts, you've bought the dear leaders mixed up logic, hook, line and sinker.

The people who are not going to be "getting around it" are the American consumers, who will be facing significantly higher prices due to these tariffs. I know your dear leader "Couldn't care less" but I believe many American consumers do care. His bullshit about the tariffs making Americans buy American made cars is so out of touch with reality. There's no such thing as an "American Made Car", every automobile produced in this country uses parts that go back and forth across our borders, being taxed each time. And I guarantee you the producers of those automobiles will pass that additional cost onto American consumers.

Best,
-Tim

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.

 

[Punkn89]

Where was the uproar when Stellantis laid off more than 20,000 North American workers since 2020 (through 2024) and blaming that administration?

I understand if people are upset about the tariffs, but do not let that fool you into thinking Stellantis layoffs weren’t inevitable.

 

[jadmt]

And that literally could be that last comment that this thread needs....

doesn't fit the agenda...

 

[Ratbert]

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.

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.

 

[NWJeepr]

It's Hillary's fault! Where's Hunter Bidens Laptop when you need it?

Emails? Get in loser, we're using Signal now.

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

Interestingly, Stellantis has the biggest exposure to tariffs and USMCA ripples since so much of their production is in Mexico. GM is second, and Ford, I believe has the least exposure, when talking about the formerly Big 3. Stellantis is also doing the most poorly.

Also, their stock price has been pommeled. Again, for those who don't understand the market, when stock prices go down, down, down, and if the company has borrowed against the value of its stock, that can create some real issues. It looks like layoffs and throwing things overboard in attempt to save the ship.

 

[Wbino]

Haha, You are describing every news room and talk show set that I walked into for the last 30+ years, but instead of TDS, it was a more generic denial syndrome.

To sum it up, Trump can do no right, and Clinton could do no wrong. Every other president varied, depending on where they were on the spectrum.

There your wrong my friend I am/was union and we fought against NAFTA so there is part of me that is conflicted about free trade.
But I do remember truckers hating it as well because it allowed trucks driving up from Mexico into the U.S. cutting into their work.

 

[NWJeepr]

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.

As long as we agree tariff and tax are interchangeable, and that this is a national tax on goods. Perhaps the only thing you've managed to be right about in this whole thread.

 

[Wbino]

We could stop all trade tommorrow but it would shock the average American to realize where on the ladder of success they are really on.
Gone will be the 60" TV for $300 dollars.
We do take advantage of the slave rates that other countries pay it's workers.

 

[Casper_]

Due to Trump's tariffs now all the Jeep ducking will be a sport for the elites only and will put our farmers out of work.

 

[Jeffy56]

The UAW likes this. Their people will soon have more work. Outside the border, closures.
https://www.breitbart.com/politics/...canadian-mexican-plants-after-trumps-tariffs/

 

[Wbino]

Companies ussed to take any profit and pay the workers and reinvest into the company for future growth.
Now Wall St and it billionares suck it up and add it to their porfolio, that is why us pee-ons are fighting for the scraps.
Just had some perogies...yum.

 

[gato]

People tend to overestimate the impact of tariffs. In 2024 the US imported ~3.3T in goods (not counting services). With average tariffs of ~30% that is ~$1T in a $30T economy (GDP in 2024 was just under $29T).

So even with no adjustments, substitutions, etc tariffs <4% of GDP. Yes, it is significant, but no need to jump out the window.

So we'll drink more California wine vs French, eat more Vermont cheddar cheese vs European cheese, buy more Wranglers instead of 4Runners. Life goes on.

 

[NWJeepr]

People tend to overestimate the impact of tariffs. In 2024 the US imported ~3.3T in goods (not counting services). With average tariffs of ~30% that is ~$1T in a $30T economy (GDP in 2024 was just under $29T).

So even with no adjustments, substitutions, etc tariffs <4% of GDP. Yes, it is significant, but no need to jump out the window.

So we'll drink more California wine vs French, eat more Vermont cheddar cheese vs European cheese, buy more Wranglers instead of 4Runners. Life goes on.

People literally lost their shit when the price of eggs doubled. I mean, actually lost their shit, and twice on Sundays with an extra side of f*cking crazy -sauce..

The alternative was to skip buying eggs where it was avoidable.

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?

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