World Automakers KPKB on PrezTrump's 25% Tariffs is akin to scolding a neighbor for not providing food to them...

[Willamshakespear]

1. Cars sold in Singapore comes with high COE premiums which are actually tariffs & often MORE than 100% of a car's Open Market Value. Yet NO automakers complained , fortunately perhaps they understand that Singapore has only limited lands, thus car population have to be kept low otherwise traffic jams will occur such as those in KL or Bangkok, as well as being a small market & negligible.

Also, those tariffs collected DOES NOT go into anyone's pocket, but to National Treasury as revenue for social spending as well as research & development of better roads, transportation systems, etc, etc.


2. However, when PrezTrump raised only 25% tariff on a foreign made car, Worldwide automakers KPKB.

a) For decades, foreign automakers had been fed well thru selling their cars to the biggest consumer market in the World - USA.

b) As such, they managed to create jobs & employment for their own citizens, BUT at a cost to USA, as it caused American job losses, closing down of US automakers, with some even fleeing to overseas nations for the cheap labor that they can earn & profit from with manufacturing there.

c) It is presumed that those cars with American brand names but made in foreign lands would be cheaper, but it is not. It comes at the same competitive price of other foreign brands, with some even more expensive than American brand such as Mercedes...


3. At only a mere 25% tariff on foreign made cars, it is hoped that Americans may turn to fully made in USA American cars, to help revive its own car industry & create jobs for Americans. & help grow its economy. It has the talents, resources, supply chains & even US hi-tech chips to do so.

World automakers should be glad that it was only 25%. It should had been 500% tariff if USA had truly wanted to develop its own car manufacturing industry & creation of jobs by the millions as it is the biggest consumers in the World.


4. Furthermore, there are foreign automakers that had their manufacturing industries based in USA, such as Honda, Toyota, Nissan, Hyundai, Mercedes, etc just to name a few. Such companies would face NO tariffs, but are even given tax breaks, as their cars are made in USA which create jobs for Americans & supply chains.

World automakers had been living on generous USA gravy train for decades, at American taxpayers expense. The gravy train still exists, at only a mere 25% tariff, but Americans need to eat too....


5. Just a price comparison without any tariff yet:-

a) Chevrolet Malibu - 1.5 litre turbocharged engine - fully made in USA - $26,000

b) Toyota Corolla 1.5 litre engine - ASSEMBLED in USA - $23,000 (cost $15,000 if made in Japan)

c) BMW 3 series with B38A15A engine, a turbocharged 1.5-liter 3-cylinder engine, - $47,000 ( made in Germany & elsewhere such as Mexico)

 

[KingFook Sr]

Exporting countries benefit from exporting to the USA with previously low or no tariffs.
However, that is the reward/payment for being vasal states of the USA.
.
Now how?

 

[Willamshakespear]

Vassal states means countries that would FOLLOW every word that the Leader State would say & do.

However, had SUPPOSED vassal states did such? No.

Evidences can be gathered from those supposed vasal states policies & statements even in UN.

In the end, does even vassalage EXISTS in this modern world, but only an interpretation from closed or conspiracy theologically driven minds?

 

[syed putra]

a) For decades, foreign automakers had been fed well thru selling their cars to the biggest consumer market in the World - USA

USA is no more the biggest consumer market. Just cars alone, china's market is almost fouble tgatof the US. GM and german auto makers were making billions in china before EV's came along. The foreign automakers were caught napping, never bothered to apply for generous grants and tax breaks and are paying the price.

c) It is presumed that those cars with American brand names but made in foreign lands would be cheaper, but it is not. It comes at the same competitive price of other foreign brands, with some even more expensive than American brand such as Mercedes

The problem in the US is workers efficiency. Probably due to union labour. Every new production methods need union approval. So factories ended up dilapidated and ancient. Best to build totally new factories elsewhere and shut the old one down.

 

[syed putra]

Vassal states means countries that would FOLLOW every word that the Leader State would say & do.

However, had SUPPOSED vassal states did such? No.

Evidences can be gathered from those supposed vasal states policies & statements even in UN.

In the end, does even vassalage EXISTS in this modern world, but only an interpretation from closed or conspiracy theologically driven minds?

It does. US is a vassal state if israel. What israel wants, it gets. Only one country left despite decades of sanctions, still manage to survive. That is Iran.
They used saddam in a proxy war to invade iran.and just like ukraine, abandoned iraq to fight alone after war dragged on, causing its economy to collspse and deep in debt. That was the reason iraq eventualky invaded kuwait. To help pay its war debt.Thats the price you pay for being a stooge. And Ukraine did not learn from this.

 

[ftan42]

Japan has recently faced a significant economic setback, stemming from the devaluation of its currency, which was largely triggered by the United States' interest rate policies.
Furthermore, Japan has been dealt another blow with the imposition of 25% tariffs on its imports to the US, a move that is expected to have a profound impact on the country's trade relationships and overall economic well-being.

 

[syed putra]

Japan has recently faced a significant economic setback, stemming from the devaluation of its currency, which was largely triggered by the United States' interest rate policies.
Furthermore, Japan has been dealt another blow with the imposition of 25% tariffs on its imports to the US, a move that is expected to have a profound impact on the country's trade relationships and overall economic well-being.

US is in closing down mode, like what china was under Qing dynasty. The factories now rushing back to the US will find labour difficult to fill. US did not actually suffer any deficit as most purchases were made using the dollar which eventually can be made to return by increasing interest rates.

 

[Willamshakespear]

Japan has recently faced a significant economic setback, stemming from the devaluation of its currency, which was largely triggered by the United States' interest rate policies.
Furthermore, Japan has been dealt another blow with the imposition of 25% tariffs on its imports to the US, a move that is expected to have a profound impact on the country's trade relationships and overall economic well-being.

Japan had DECADES LONG been helped by USA after WW2, which spoke volumes of how big hearted Americans treated their once enemies....

It is time for Japan to grow up. Americans too need to eat. If not, there would be NO Americans left to buy any goods from anywhere as they would have starved to death...

The issue with Japan is that it always attempted to be an exclusive civilization & thus in this modern age of mass migration, with foreign talents assisting to help uplift lives & economies, such previous policy had led to a greying population, with even valuable lands being abandoned as the greys passed on.....

Make no mistake, the insignificant nobody me DO ADMIRE the post WW2 generations of Japanese. They had been proven to hardworking, innovative, clean, polite & ladies beautiful, that cant be found anywhere else in this World. However, when every Japanese becomes related, even eventually as all will become 1st cousins, that's where issues such as intelligence, innovation & even beauty will fade, as evident & proven by science & history...

Perhaps, a more careful & calibrated invitation for selected migrants, unlike EU, may help Japan to re-generate itself as it once did thru it's wiser teachings of conformity & ideals of working together for a common aim?

 

[syed putra]

Japan had DECADES LONG been helped by USA after WW2, which spoke volumes of how big hearted Americans treated their once enemies....

It is time for Japan to grow up. Americans too need to eat. If not, there are be NO Americans left to buy any goods from anywhere as they would have starved to death...

The issue with Japan is that it always attempted to be an exclusive civilization & thus in this modern age of mass migration, such policy had led to a greying population, with even valuable lands being abandoned as the greys passed on.....

Make no mistake, the insignificant nobody me DO ADMIRE the post WW2 generations of Japanese. They had been proven to hardworking, innovative, clean, polite & ladies beautiful, that cant be found anywhere else in this World.

Perhaps, a more careful & calibrated invitation for selected migrants, unlike EU, may help Japan to re-generate itself as it once did thru it's wiser teachings of conformity & ideals of working together for a common aim?

It was reagan that forced japan to take saturdays off. And its neighbours korea and china left it in the dust with 996 work ethics.

 

[nightsafari]

Losol bro :

1. Cars sold in Singapore comes with high COE premiums which are actually tariffs & often MORE than 100% of a car's Open Market Value. Yet NO automakers complained , fortunately perhaps they understand that Singapore has only limited lands, thus car population have to be kept low otherwise traffic jams will occur such as those in KL or Bangkok, as well as being a small market & negligible.

Also, those tariffs collected DOES NOT go into anyone's pocket, but to National Treasury as revenue for social spending as well as research & development of better roads, transportation systems, etc, etc.

singapore is not of any consequence. red dot. not worthy of comparison.

2. However, when PrezTrump raised only 25% tariff on a foreign made car, Worldwide automakers KPKB.

a) For decades, foreign automakers had been fed well thru selling their cars to the biggest consumer market in the World - USA.

b) As such, they managed to create jobs & employment for their own citizens, BUT at a cost to USA, as it caused American job losses, closing down of US automakers, with some even fleeing to overseas nations for the cheap labor that they can earn & profit from with manufacturing there.

c) It is presumed that those cars with American brand names but made in foreign lands would be cheaper, but it is not. It comes at the same competitive price of other foreign brands, with some even more expensive than American brand such as Mercedes...

You have a surface understanding of the problem. b is inaccurate. c anyone can do is irrelevant. that's why Japanese and Germans have plants all over the US and Americans have plants in Korea and China.

3. At only a mere 25% tariff on foreign made cars, it is hoped that Americans may turn to fully made in USA American cars, to help revive its own car industry & create jobs for Americans. & help grow its economy. It has the talents, resources, supply chains & even US hi-tech chips to do so.

World automakers should be glad that it was only 25%. It should had been 500% tariff if USA had truly wanted to develop its own car manufacturing industry & creation of jobs by the millions as it is the biggest consumers in the World.

It doesn't matter what the number is. automakers do not have big margins. any tariff will seriously impact them. that's why a significant part of running these companies is cost measures.

What you said is not possible despite what the US has. It cannot make a competitive car with the rest of the world. It could, but it won't no matter how many X000% tariffs you put on it.

4. Furthermore, there are foreign automakers that had their manufacturing industries based in USA, such as Honda, Toyota, Nissan, Hyundai, Mercedes, etc just to name a few. Such companies would face NO tariffs, but are even given tax breaks, as their cars are made in USA which create jobs for Americans & supply chains.

World automakers had been living on generous USA gravy train for decades, at American taxpayers expense. The gravy train still exists, at only a mere 25% tariff, but Americans need to eat too....

The problem is not just car assembly as you would seem to imply, but parts manufacturing which is an even bigger part of the cost base of cars. At the current moment, these do face tariffs. Of course the orange blunder could roti prata any moment. With these tariffs, all the above will get hantam.

As I pointed out to Sam in the other thread, the US economy has been OUTPERFORMING every other single major economy out there because of that gravy train. I don't understand why nobody understands this point at all.

from : https://www.voronoiapp.com/economy/GDP-Per-Capita-Projections-for-G7-Nations-1562

Your superhardworking and diligent Japanese how?

5. Just a price comparison without any tariff yet:-

a) Chevrolet Malibu - 1.5 litre turbocharged engine - fully made in USA - $26,000

b) Toyota Corolla 1.5 litre engine - ASSEMBLED in USA - $23,000 (cost $15,000 if made in Japan)

c) BMW 3 series with B38A15A engine, a turbocharged 1.5-liter 3-cylinder engine, - $47,000 ( made in Germany & elsewhere such as Mexico)

From this alone, you can see that the US is uncompetitive. At half the price of the 3 series, no one buys it.