Tag: tariffs

Can’t Get No Tariff Relief: Tesla, GM, Nissan, FCA, Uber Appeals Denied

Large U.S. companies hoping to side-step the 25 percent tariff on Chinese goods by appealing to the government aren’t having much luck. Since July, the U.S. has imposed the tariff on billions of dollars worth of goods from the People’s Republic, leading to financial fallout for automakers heavily invested in the region. And it seems […]

Read More

Facing tariffs, Foxconn promises to assemble U.S. iPhones outside China

(Reuters) — Foxconn, the world’s top contract electronics assembler, said it had enough capacity outside China to meet Apple’s demand in the American market if the need should arise for the iPhone maker to adjust its production lines due to the U.S.-China trade war. The comments come as U.S. President Donald Trump has threatened to […]

Read More

Corruption Is the Tie that Binds for Trump-Era Republicans

A strange thing has happened over the past month or so: Senate Republicans have begun to stand up to President Trump. Haltingly, tentatively, perhaps, but on things that matter, a bit of spine has been sighted. What matters? Well, they’ve objected to the controversial appointments of Herman Cain and Stephen Moore to seats on the […]

Read More

It’s Monday, and Mexican Tariffs Are Back On the Table

<img data-attachment-id="1668584" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_486345745-1-e1554409497278.jpg" data-orig-size="2800,1886" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="mexico us border" data-image-description=" Chess Ocampo/Shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_486345745-1-450×303.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_486345745-1-610×411.jpg” class=”aligncenter size-large wp-image-1668584″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_486345745-1-610×411.jpg” alt width=”610″ height=”411″> After the United States and Mexico signed an agreement to stem the flow of illegal migrants from Central America across their shared border, President Donald Trump’s latest tariff proposal was taken off […]

Read More

As Mexico Beefs Up Its Border, Tariffs Still Lurk on Monday

<img data-attachment-id="1629838" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2018/06/2019-Chevrolet-Blazer-009.jpg" data-orig-size="1280,851" data-comments-opened="1" data-image-meta="{"aperture":"9","credit":"","camera":"Canon EOS 5DS","caption":"2019 Chevrolet Blazer features a distinctive lighting execution on all models that separates the headlamps and LED daytime running lamps.","created_timestamp":"1524077810","copyright":"","focal_length":"91","iso":"200","shutter_speed":"0.2","title":"2019 Chevrolet Blazer features a distinctive lighting execution","orientation":"1"}" data-image-title="2019 Chevrolet Blazer features a distinctive lighting execution" data-image-description=" Image: GM ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/06/2019-Chevrolet-Blazer-009-450×299.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/06/2019-Chevrolet-Blazer-009-610×406.jpg” class=”aligncenter wp-image-1629838 size-large” src=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/06/2019-Chevrolet-Blazer-009-610×406.jpg” alt width=”610″ […]

Read More

U.S. to GM: Sorry, Pay Your Buick Envision Tax

Pity the poor Buick Envision. As one of the few Chinese-built vehicles sold in America, it earned an unpatriotic stigma upon its arrival. There’s no word on how many UAW workers own one. Meanwhile, the compact crossover launched partway through the 2016 model year with only high-end trims in tow, saddling it with a steep […]

Read More

Tariffs Are a Bad Response to an Imaginary Border Crisis

Donald Trump won the presidency–despite losing the popular vote by 2.8 million—with a campaign that careened wildly from one distraction to another. He has clung to this as a Twitter and governing strategy ever since. As there are 190 countries in the world, and the United States trades with most of them, trade wars so […]

Read More

Automakers, Already Taking a Hit From Trump’s Mexican Tariff Threat, Worry the Pain Has Only Just Begun

<img data-attachment-id="1608002" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2018/01/STAP1r3mgg2v1es1muslmsg574297u4-e1515765455700.jpg" data-orig-size="1184,789" data-comments-opened="1" data-image-meta="{"aperture":"2.8","credit":"BersoGomez","camera":"Canon EOS 60D","caption":"","created_timestamp":"1473354325","copyright":"","focal_length":"11","iso":"100","shutter_speed":"0.0005","title":"","orientation":"1"}" data-image-title="Ram Heavy Duty Saltillo Mexico assembly" data-image-description=" Ram Heavy Duty Saltillo Mexico assembly ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/01/STAP1r3mgg2v1es1muslmsg574297u4-450×300.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/01/STAP1r3mgg2v1es1muslmsg574297u4-610×407.jpg” class=”aligncenter wp-image-1608002 size-large” src=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/01/STAP1r3mgg2v1es1muslmsg574297u4-610×407.jpg” alt=”Ram Heavy Duty Saltillo Mexico assembly, Image: FCA” width=”610″ height=”407″> The profit-focused appeal of building vehicles in low-cost jurisdictions propelled many automakers to boost manufacturing capacity […]

Read More

Trump Promises Tariffs on All Mexican Goods Starting June 10th

<img data-attachment-id="1608000" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2018/01/STAP113pk6hq9fbnrhucuc6ke0o2udg7-e1515765170157.jpg" data-orig-size="1752,1168" data-comments-opened="1" data-image-meta="{"aperture":"3.5","credit":"","camera":"Canon EOS REBEL T1i","caption":"","created_timestamp":"1437481341","copyright":"","focal_length":"18","iso":"125","shutter_speed":"0.025","title":"","orientation":"1"}" data-image-title="Ram HD production Saltillo assembly" data-image-description=" Ram HD production Saltillo assembly ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/01/STAP113pk6hq9fbnrhucuc6ke0o2udg7-450×300.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/01/STAP113pk6hq9fbnrhucuc6ke0o2udg7-610×407.jpg” class=”aligncenter wp-image-1608000 size-large” src=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/01/STAP113pk6hq9fbnrhucuc6ke0o2udg7-610×407.jpg” alt=”Ram HD production Saltillo assembly, Image: FCA” width=”610″ height=”407″> Just when it seemed the trade climate in the North American region was easing, President Donald Trump launched […]

Read More

Playing Both Sides: How Toyota Is Rolling With the Trade War Punches

<img data-attachment-id="1674844" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/shutterstock_1036124545.jpg" data-orig-size="1000,667" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"1"}" data-image-title="toyota dealer lot" data-image-description=" Joerg Huettenhoelscher/Shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/shutterstock_1036124545-450×300.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/shutterstock_1036124545-610×407.jpg” class=”aligncenter size-large wp-image-1674844″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/shutterstock_1036124545-610×407.jpg” alt width=”610″ height=”407″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/shutterstock_1036124545-610×407.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/shutterstock_1036124545-75×50.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/shutterstock_1036124545-450×300.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/shutterstock_1036124545-768×512.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/shutterstock_1036124545-120×80.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/shutterstock_1036124545.jpg 1000w” sizes=”(max-width: 610px) 100vw, 610px”> While it’s difficult to muster sympathy for giant corporations, the trade war current raging between the […]

Read More