The Tariff Thread

[dissentowner]

Originally Posted by WideReceiver

As one who’s in the market for a new car, I’m nervous.

Will it still affect the price on European and Asian imports? I mean nobody should be buying US brand cars now. Let them keep their cars to themselves.

[Fuzz]

Originally Posted by dissentowner

Will it still affect the price on European and Asian imports? I mean nobody should be buying US brand cars now. Let them keep their cars to themselves.

Well ya, because if domestic prices go up, demand for non-domestic will rise, so either low stock or higher prices. Best bet is to buy a Hot Wheels version of your desired vehicle.

[Kaine]

I cannot speak to most manufactures, but I do work for Kia.


We have been told this is unlikely to have a large impact as within the next few months around 10% of our units sold in Canada would be effected by the tariff's and that number will continue to fall as more and more vehicles are rerouted from Korea that are currently imported from the US. Only one current model is only produced in the US and cannot be imported from Korea for Canada. On the parts side, again about 90% of parts are imported from Korea or other non US suppliers. While tariffs will effect some parts as certain components of those items involve the US, these are a minority.


We are one of the lucky ones, most manufactures will face far more difficult challenges.

[direwolf]

Trump seems to think that companies can just build a new plant tomorrow and have it up and running within a couple of months. When in reality it would take years for U.S. auto manufacturers to completely change the way they’ve been doing business for decades. I remember they had a guy from one of the auto plants in Michigan on CBC a few weeks back, and he mentioned that to build a bunch of new plants in the U.S. and transform all the supply lines, it would take at least a decade or longer.

[TrentCrimmIndependent]

Toyota, Dodge, Jeep, Ford, GM will get ####ed the hardest having manufacturing plants on both sides of the border.

And with the Tariff...syke! rollercoaster I'm sure it must be a nightmare for term.

[kermitology]

Here’s a recent podcast from former ReplyAll co-host PJ Vogt with Destin from Smarter Every Day discussing the problems with full domestic production in America, the principles likely hold for Canada as well.

https://pca.st/episode/60cba212-cd88...f-e9abb24b8154

One of the major issues is that we’ve lost the generational knowledge involved in teaching how to do manufacturing domestically. Not only do we have to build the infrastructure, but we also have to train people.

Easily going to take 5-10 years at minimum if companies can even afford to do it. These tariffs are going to absolutely crush the working class.

[Slava]

Originally Posted by Kaine

I cannot speak to most manufactures, but I do work for Kia.


We have been told this is unlikely to have a large impact as within the next few months around 10% of our units sold in Canada would be effected by the tariff's and that number will continue to fall as more and more vehicles are rerouted from Korea that are currently imported from the US. Only one current model is only produced in the US and cannot be imported from Korea for Canada. On the parts side, again about 90% of parts are imported from Korea or other non US suppliers. While tariffs will effect some parts as certain components of those items involve the US, these are a minority.


We are one of the lucky ones, most manufactures will face far more difficult challenges.

I talked to a guy at a European dealer a couple weeks ago, and he was saying it’ll impact their prices. Their vehicles aren’t made in the US (or at least what I was looking at), but it’ll drive up demand for non-US made vehicles and most dealerships only have some many days of inventory. You probably know more about this than I do, so I’m not saying you’re wrong, just saying what I had heard.

[Kaine]

You are absolutely correct, prices could certainly rise due to scarcity of "regularly" priced vehicles. As sales is outside of my realm I cannot speak to the expected increase of prices due to demand, but it is certainly a possibility. Scarcity or fear is a powerful motivator to spend money, who knows we could see a repeat of Covid when it comes to automotive prices.


Above I was more referring to the base price of most Kia items/vehicles due directly to the tariffs. Indirect effects I cannot speculate on.

[WideReceiver]

Originally Posted by afc wimbledon

The Dow will take an absolute dump tomorrow, it's costing me a fortune but I will cheer it down to 20,000 if need be (wasn't planning on quitting till I'm 70 anyway)

Are you retiring in the next short while? No? It’s costing you nothing. Buy low!

[WideReceiver]

Originally Posted by dissentowner

Will it still affect the price on European and Asian imports? I mean nobody should be buying US brand cars now. Let them keep their cars to themselves.

Suburu seems most likely now. I have no idea how tariffs will affect the cost.

[Mr.Coffee]

Originally Posted by Fuzz

Time for a 100% Tesla tariff.

Can’t we just ban them altogether?

Reimburse whoever owns a dealership to keep them whole and in a manner that guarantees Musk doesn’t see a nickel of it. Immediate ban on new sales.

Give support to current Tesla owners somehow.

[chummer]

Originally Posted by WideReceiver

Suburu seems most likely now. I have no idea how tariffs will affect the cost.

The one I bought was made in Japan. Head to a dealership and find out, maybe put a deposit on one. It's refundable so nothing to lose.

[Senator Clay Davis]

Originally Posted by Mr.Coffee

Can’t we just ban them altogether?

Reimburse whoever owns a dealership to keep them whole and in a manner that guarantees Musk doesn’t see a nickel of it. Immediate ban on new sales.

Give support to current Tesla owners somehow.

Tesla doesn't use a franchise model, all their dealerships are corporate owned. Shutting them down would likely force them to take their inventory back home...after we charge them a 25% tariff to take them back, of course.

[calgarygeologist]

Originally Posted by WideReceiver

Suburu seems most likely now. I have no idea how tariffs will affect the cost.

There are a bunch of Subarus made in the USA as well.

[Mr.Coffee]

Originally Posted by Senator Clay Davis

Tesla doesn't use a franchise model, all their dealerships are corporate owned. Shutting them down would likely force them to take their inventory back home...after we charge them a 25% tariff to take them back, of course.

Oh, even better then?

[Leondros]

Originally Posted by Kaine

I cannot speak to most manufactures, but I do work for Kia.


We have been told this is unlikely to have a large impact as within the next few months around 10% of our units sold in Canada would be effected by the tariff's and that number will continue to fall as more and more vehicles are rerouted from Korea that are currently imported from the US. Only one current model is only produced in the US and cannot be imported from Korea for Canada. On the parts side, again about 90% of parts are imported from Korea or other non US suppliers. While tariffs will effect some parts as certain components of those items involve the US, these are a minority.


We are one of the lucky ones, most manufactures will face far more difficult challenges.

Well, we are probably lucky we got our telluride a couple weeks ago! As that’s the model only produced in the US.

[Fuzz]

Originally Posted by calgarygeologist

There are a bunch of Subarus made in the USA as well.

Can't they just bring Japanese manufactured ones here?

[Goriders]

Other than some pre negotiating tactic I can’t see how this strategy is going to benefit the US. It might bring more manufacturing back to US soil. But it will take markets away from them and benefit their competition in those markets.

I just can’t see how there will be a net gain.

[Street Pharmacist]

Originally Posted by Senator Clay Davis

Tesla doesn't use a franchise model, all their dealerships are corporate owned. Shutting them down would likely force them to take their inventory back home...after we charge them a 25% tariff to take them back, of course.

Tesla's on the road will not work without support from Tesla

[chummer]

Originally Posted by Goriders

Other than some pre negotiating tactic I can’t see how this strategy is going to benefit the US. It might bring more manufacturing back to US soil. But it will take markets away from them and benefit their competition in those markets.

I just can’t see how there will be a net gain.

Like the WSJ said, tariffs are a dumb idea.