Trump Voters May Be the Biggest Losers From Trump's Auto Tariffs

[Yo_Mama_Been_Loggin]

BRUSSELS — President Trump has complained about seeing too many German cars on Fifth Avenue, and threatened heavy tariffs on the companies that produce them. There is a good chance, though, that those Mercedes-Benzes and BMWs were not only made in the United States, but made by workers who voted for Mr. Trump.

European companies have turned Alabama, South Carolina and Tennessee into auto manufacturing powerhouses in recent years, churning out cars not just for American buyers but also for export to China and Europe. Germany’s three biggest carmakers all have facilities there, and Volvo Cars, which is owned by a Chinese company but based in Sweden, began producing at a new plant in South Carolina just last month.

Yet being major employers in regions that voted heavily for Mr. Trump has not protected them.

With barely a peep of resistance from his own party, the president has threatened tariffs — expected to be 20 percent — on imported cars and car parts. In a prelude to such a move, he has ordered an investigation into whether the imports pose a threat to national security. Trade restrictions could be put in place within months. And if he follows through, the European Union has pledged to retaliate.

The damage would be far-reaching, draining an estimated $14 billion from the United States economy. If other countries retaliated, the cost would skyrocket to nearly $300 billion, the European Union’s Washington delegation said last week.

https://www.msn.com/en-us/news/politics/trump-voters-may-be-the-biggest-losers-from-trumps-auto-tariffs/ar-AAzxWLU?li=BBnb7Kz

And the dotard rolls on.

[nycbos]

1. They don't care.

They'll just blame Obama.

[Garrett78]

5. Yep, or Democrats as a whole.

Years ago, Louisiana Republicans were surveyed in regards to Katrina. More blamed Obama than Bush for the poor response to the disaster.

[Ohiogal]

2. What do the governors of South Carolina, Tennessee, and Alabama have to say about this?

This will affect their states' economies big time!

[Blue_true]

4. The Governor of Alabama wrote him a letter asking him not to impose the tariffs,

because they would have a major negative impact on her state. I guess they are learning what voting for an idiot causes, not that they shouldn't have known with the vast experience they have doing that.

[mr_lebowski]

3. Is there proof that these tariffs would apply to cars BUILT in the USA?

What, just because the ownership of the corp is overseas, he's going to tariff US-made cars?

That'd be WAY f***ing stupid, and I'd actually be somewhat surprised if the Dotard is THAT dotarded.

'Car Parts' could be referring to after-market parts rather than components used in building in the USA. Anyone actually know for sure?

But if these tariffs WOULD apply to US-built cars then that should be broadcast for November at the top of our lungs. Tariffs on cars made by US workers is NOT going to play well with any voter I know of.

[Boomerproud]

6. I pray it hurts them hard and fast.

But they're so brainwashed they'll blame everyone but their god.

[no_hypocrisy]

7. On the other end of the tariff spectrum,

the 1% will continue to buy their BMWs and Mercedes with the "surcharge". It's like Trump demanding a piece of the action as long as they're going to pay for their luxury cars. Plus, it's implicit that Trump knows they have the money; he gave them their tax cut, right?

[NRaleighLiberal]

8. trump voters are the biggest losers. period.

[AwakeAtLast]

9. I was going to say

cut the headline after the seventh word!