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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: robert b furman who wrote (4480)2/21/2020 1:57:51 PM
From: Elroy Jetson  Read Replies (1) of 13803
 
While Trump keeps his idiot bubble-heads frothing at the mouth about imported autos, there's an important reason he doesn't and cant' actually do anything in terms of auto tariffs.

The Chevy Corvette is 66% American or Canadian, with the balance imported.

The Mercedes C-class is 70% from the United States or Canada, as are the Honda Civic, Acura MDX, and Acura.

A big import tariff on foreign imports will hurt US automakers more than EU automakers.
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