Tariffs On Products From Mexico

[Gerbear]

Mexico is a major hub of automotive production in the western hemisphere, built up over the last 3 decades from the result of free trade policy and globalization. Ford, Chevy, Toyota, VW, Mazda, Nissan, Audi all have huge plants in Mexico. Much of the material and parts come from Canada. 80% of Mexico’s auto production comes to the US. Everybody is benefiting from the arrangement. Pulling the rug out from NAFTA or the exact same thing trump “renegotiated” called CMFGA or whatever it was, and going all isolationist or whatever isn’t going to make for a productive partnership. We don’t have the labor force or investment in plants and factories to go backwards to making all our own cars and trucks, there is record low unemployment and our standard of living is too high to supply the cheap labor to keep prices down where we can afford our beloved automobiles. Double down on that if you expel all undocumented workers. Anyhow, this is all posturing and it won’t actually happen I hope. This has fuckall to do with fentanyl, it’s just some chest beating to make everyone think we’re batshit crazy and hopefully concede on other negotiations

You nailed it....

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[tacorancher]

The 2026 SR5 will cost $459,000 MSRP

 

[WKTJR1]

A couple of points: The incoming administration is a known entity, which wasn’t the case in round one. Each country has taken a different approach to how they will handle this. Canada is more moderate and prefers to discuss things privately. Mexico, on the other hand, is taking a more public stance, saying, “Bring it on!” because they have dealt with this before.

Finally, the incoming administration uses the stock market as a barometer to measure success or failure. Many of these statements are trial balloons intended to gauge how the markets will react. Simply put, the markets operate on supply and demand as well as investor confidence.

As we approach January 20th, if the markets believe these tariffs will go into effect, they will respond—and not in a positive way.

 

[JustAnotherDingus]

Also something to bear in mind: Toyota and many of the auto makers have a powerful lobbying presence in the US. Im sure their teams are already speaking to members of congress who rep districts where they employ folks etc. it’ll be interesting to see where the chips fall here

 

[WKTJR1]

Also something to bear in mind: Toyota and many of the auto makers have a powerful lobbying presence in the US. Im sure their teams are already speaking to members of congress who rep districts where they employ folks etc. it’ll be interesting to see where the chips fall here

Concur. Plus lawyers will be involved.

 

[Slappy]

prices r going up , tariffs alway cause price increases , remember 1/4" plywood at $100 a sheet last time around .

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