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Tariffs On Products From Mexico

TacoFreak

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Donald Trump announced today that he intends to impose across the board 25% tariffs on imports from Canada and Mexico the day he is inaugurated.

Does that mean a 25% increase in the price of a Tacoma? Toyota might absorb some of that, but it has to mean huge price increases on Tacomas and it will price a lot of us out of the Tacoma market. I bet Toyota wishes they had expanded in Texas, rather than Mexico.

Even with a wonky transmission I'm glad I already have my Tacoma.
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TacoFreak

TacoFreak

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Not meant to be a political discussion - doing that in the US today would be weird. I'm kind of surprised they even let the thread appear. Maybe a mod will wack it soon, so to speak.

Just wondering what that might mean for the price of a Tacoma next year.
 

tacorancher

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A tariff is a horrible idea but it seems like trump wants to use it for leverage. Who knows. Maybe toyota moves all trucks to San Antonio.
 

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Slappy

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glad i got mine 2 days after the election , seen it coming & here the dealers were discounting 3k off . i thought never be another better time to pull the trigger before i get priced outta a Tacoma .
 
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Norsk

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Lock this thread now. Please. For all of our sanity.
No, leave it alone.

I am an potential future Tacoma and it affects future Tacoma buyers.

Toyota must’ve wished that they kept Tacoma production in Texas.
 

Mako_Shark27

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Donald Trump announced today that he intends to impose across the board 25% tariffs on imports from Canada and Mexico the day he is inaugurated.

Does that mean a 25% increase in the price of a Tacoma? Toyota might absorb some of that, but it has to mean huge price increases on Tacomas and it will price a lot of us out of the Tacoma market. I bet Toyota wishes they had expanded in Texas, rather than Mexico.

Even with a wonky transmission I'm glad I already have my Tacoma.
I don't think it will because there should be enough of the Tacoma made outside of Mexico like in the states and other plants that it shouldn't cause a huge issue in price. I saw somewhere that someone had talked to their dealership and it looked to be less than a 1k increase in price projected. Hopefully that stays and doesn't make the trucks too expensive for the people still on the fence with them.
 

dunder

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Tariffs work both ways, so the affected countries will impose tariff on US exports. Something like the Tacoma could get double taxed since our transmissions are exported from the US. The long standing chicken tax also makes Tacomas made in Japan an expensive proposition.
 

WKTJR1

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It will likely be used as a bargaining chip. Toyota may negotiate a carve-out on the tariffs in exchange for a promise to move or create more jobs in the U.S. In the meantime, they will need time to wind down their operations in Mexico or, most likely, build a different model, which will naturally take years. Additionally, the trade agreement (formally known as NAFTA) that was revised a few years ago is up for renewal in 2026.

I would be shocked if it came to fruition. The amount of trade between these countries is enormous; the cost of a Tacoma will be insignificant once you start considering the other affected items.
 

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SilverSurfer

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1. Glad I bought before this.
2. Good chance this will benefit existing owners and cost new buyers more.
3. I hope it works out in the end for everyone.

I understand economics very well and can only hope tariffs are used like a scalpel and not a hammer.
 
 



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