Even with 25% tariffs, it will still be cheaper to make in Mexico. And they will no longer have to pay the workers the same as the US, as they do under USMC.
Correct, that is JP built, along with a cpuple other small name models.... And trump has flat said everything imported is gonna see a minimum 10% tax.
seeing as how the Crown made up for <1% of toyota's total sales volume for q3 2024, I doubt there's going to be a huge overall impact to their sales competitiveness vs the Big 3's entire lineup though
I've never even heard of that model; I could be wrong but I'm having a hard time imagining it makes up a very sizeable chunk of their inventory or sales ledger
This aligns perfectly with a bit I read that said that social movements and protest movements largely form and organize under progressive / non-repressive political situations where the people aren't so busy fighting for their basic survival that they can get more involved in politics.
Many small but important parts come from China nowadays. Parts we use directly, and those that end up in things people buy: screws and bolts, electronic parts, all kinds of plastic products. The US no longer has the machines or manpower to produce those parts on their own, and will still have to buy them in China.
Brace for inflation in the US like you have last seen in the 1920s.
It is weird - now that donvict has "won", his stupid base now thinks the economy is great. And donvict has not even slithered his way into power yet. I bet more than a few of his brainstems think that the price of eggs are now "great" again.
These same idiots are going to have to find someone not themselves, not conservatives and definitely not donvict when all his stupid policies come home to roost and start eating their faces...donflation will be a very, very real thing quite soon, it seems.
I kinda want to do this just to get some petty revenge on the fuckers that plastered gas pumps with Biden stickers (which they then had to remove when gas fell back down to normal prices eventually lol)
I had to laugh when I saw those being scraped off post-haste, because it actually looked fantastic (For Biden that is! And the fucking morons that plastered "FUCK BIDEN" on t-shirts, flags and so on - even in front of children - didn't want to make Biden look good, dog forbid!), given the prices at the time.
Yoy are probably right. It looks more like this is a pretext to cause a recession in Canada which would doom the already flailing Trudeau presidency. Even if Canada adopted the kind of border policy the Trump wanted, that still wouldn't stop illegals or drugs.
There's no way out. USA is responsible for their own borders. Canada as a matter of fact has reciprocal agreements with USA law enforcement organizations.
What a windbag! I wonder why I was so reluctant to have Canada enter into a free trade agreement with the US because eventually Darth Vader gets into power. With our current trade agreements, you can't unilaterally impose tariffs without implications. Bilateral trade between Canada and the US survived the first Rump presidency and it will outlive him.
This is going to really throw a fucking bomb on the WTO. Like complete collapse of international trade adjudication and just viscous multilateral trade wars. US will have neither imports or exports. The farmers are going to be pissed when their market collapses due to retaliatory tariffs.
Last time this happened, they were thrilled to take it to the chin since it meant ‘helping Trump’. I foresee them cheering this on too, even as they fall into poverty and have to sell the farm.
No, all cucumbers are not imported. The US grows in season produce. During off season or low crop yields, we get food from Mexico & Canada. Southern states supply northern states but usually only east & west regions. So Florida supplies cucumbers to the east half, California to the west. Other states do grow them like Texas & Arizona. But we get a lot from Mexico, like a shit ton from Mexico, they make a lot of money from that supply line. That's just cucumbers.
It's very similar with other produce. Canada supplies a lot of hot house tomatos of all types and mini sweet peppers.
The interesting thing is, we export a lot of white corn to Mexico and there is no tariff on that export. Dumb donnie is literally punishing Americans while selling our exports for less than what we would pay. This is why we have NAFTA, for fairness and cooperation.
So I was thinking about the way he worded this, 25% tariff until the border crossings stop. I think he might be onto a 4D chess move here.
If he tanks the US economy so badly that it's financially detrimental to cross the border then the flow of people across the border will definitely come down. If he tanks the economy hard enough we may even see the flow reverse, at which point he can lift the tariffs and declare the job done.
He is already happy to make Americans ignorant, illiterate, and spiteful to outsiders; is he really going to baulk at making them dirt poor as well?
I imagine that a society that votes in a wannabe fascist dictator will continue to be a bastion of safety for people of different racial backgrounds. I know if I was fleeing violence and gangs I look for somewhere with a nice welcoming camp just waiting for me.
For clarification I am Australian so I have a bit of experience with a national bias of racism leading to poor outcomes for asylum seekers.
I am taking a more positive view than I was about what's happening over there though. I think that the Trump presidency may well serve as an unambiguous demonstration of the end results of allowing democracy to become necrotic. I really hope Australians heed this lesson before our next election, although I won't be at all surprised if they don't.