• Trump's tariffs costing Ford Motors $1 billion; Now planning layoffs
    22 replies, posted
https://www.nbcnews.com/business/autos/trump-s-tariffs-have-already-cost-ford-1b-now-it-n917756?cid=sm_npd_ms_tw_ma #winning
Bring back the jobs!
Watch as the Orange and Faux News spin this to be positive somehow.
"It's just growing pains to economic independence. You guys aren't looking at the big picture. You're only look at the short term like the executives that got us into this mess in the first place."
Talk about trying to tie two unrelated things together. Did you even read the article? It clearly said they were planning on laying off some people and "redesigning" the company operating procedure. The article even mentions a 25.5 billion dollar reorganization plan. The only things the tariffs has affected, according to the article, is how fast the reorganization plan is going into affect. As much as I hate some of Trump's decisions, the tariffs are not one of them. These tariffs affect the future security of every single one of us, and is probably even related to How China Used a Tiny Chip to Infiltrate Amazon and Apple
The Tarrifs would've also hit other manufacturers just as hard. GM & Dodge had plans in place to mitigate the cost of the tarrifs and they're still doing alright.
They aren't, Trump is just willing to fuck over allies like Canada to get concessions even if it means bypassing the proper negotiating channels by invoking national security because he couldn't have raised tariffs on aluminium otherwise.
My boy, tariffs are passed down to the consumer/business, not the government themselves. This has always been how tariffs work, even in the middle ages. You'd save mahbe 1k jobs in the tariffed material, but youre pushing a massive markup to thousands of companies, which have to cover the cost somehow. Which surprise, results in thousands of layoffs and cuts in benefits. I mean sure, bitch and moan about chinese markets taking jobs, but its not like trump is supporting aluminum production and recycling facilities here to lower the overall price.
That's not my point. The government can't be trusted to supply our businesses and consumers. If we tariff companies, they are more likely to add more locations elsewhere to supply and gain more money that way.
Hey, i know that, but when there's no incentive for said suppliers to build more then why would they? Either they pay out the nose for new factories, or they can sit back and sell the same product for more knowing the gov has basically set the price for them. Tariffs never worked, never will work, or have ever worked.
Oh yeah, wreck your own automotive industry. That will MAGA
ha get wrecked, their ceo also lobbied trump personally to relax CAFE standards and then he announced they would drop cars from their lineup completely after Trump declared the stricter 2020 ones frozen
You can't pollute the environment if nobody buys your cars.
Can't wait for the US to be a tiny coal mining town surrounded by Chinese and Russian land holdings that builds all of its own wagons and has its own apothecary.
They don't have too. They just have to blame the Democrates.
Actually, the real impact of this is to threaten the stability and existence of the WTO. The WTO relies on everyone playing by the rules. Trump applying diplomatic/economic pressure by imposing steel and aluminum tariffs for national security reasons, an exception to the WTO rules everyone agreed shouldn't be used unless absolutely necessary, threatens to make the WTO obsolete because any other country can do the same and bypass the entire point of the WTO. Canada's retaliatory tariffs against the US are technically illegal under WTO rules, because the WTO requires two years of trying to resolve the issue before it'll authorize counter-tariffs. The same with the EU tariffs. Trump's gambit has caused the established west to basically ignore the WTO and its carefully curated international economic order The WTO has its flaws but it'd be much worse without it.
they have literally no benefit to tamper with such supply other than espionage reasons (which doesnt make much sense for the auto industry) our ability to counterfuck them is pretty strong as is their ability to do so with the tariffs, which only serve to detriment hte citizens of both of our countries
Ford and Harley Davidson, 2 of the most, if not the most, american companies are leaving the US because of the tariffs (indirectly, but still) And no one has problems with this?
Because Fox isn’t telling it’s a problem.
Trump actually publicly called for a boycott of Harley Davdison after they announced how badly the tariffs were affecting their United States manufacturing. Still not sure how that doesn't breach some kind of ethical code of conduct.
It does but this administration has shown that laws don't matter and you don't have to do your job
Because it suggested he and his tariffs were to blame for losing American jobs and industry. And for that they must be punished... by having their profits threatened even more, putting more American jobs at risk, but that's fine because they're no longer on the King's good side.
finally, Trump is doing something good
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