This is crony capitalism.
It is but it always has been. I would also appreciate if the big 3 American car companies had 85% American content.
Only Teslas exempt from new auto tariffs thanks to 85% domestic content rule
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Re: Only Teslas exempt from new auto tariffs thanks to 85% domestic content rule
#12Re: Only Teslas exempt from new auto tariffs thanks to 85% domestic content rule
#13[flagged]
Re: Only Teslas exempt from new auto tariffs thanks to 85% domestic content rule
#14Used cars are ALSO exempt. And, all used goods bought at secondhand stores are tariff-exempt as well. And so is FB marketplace, Craigslist, and others. My protest is meager, but effective for us - we just will buy used and use 'Reduce, Reuse, Repair, Recycle' where we can. EnEnough of us doing that will slow and hamper the economy (read: rich peoples' money).
That suggests an ecosystem may appear around making new goods "used" enough to meet some legal definition.
Re: Only Teslas exempt from new auto tariffs thanks to 85% domestic content rule
#15This is crony capitalism.
It is but it always has been. I would also appreciate if the big 3 American car companies had 85% American content.
> would also appreciate if the big 3 American car companies had 85% American content
Versus 80%? Those five percentage points are worth a double-digit tariff.
Re: Only Teslas exempt from new auto tariffs thanks to 85% domestic content rule
#16[flagged]
Nonsense. Does anyone seriously think the military is going to defy SCOTUS at the end of the four years? Does anyone seriously think Jan 6th, bad as it was, was going to end the republic[0]? Such hyperbole is dangerous at best when people take it seriously.
[0] Especially because what it tells our enemies. Iran, take out just this one specific building, and America is done for!
Re: Only Teslas exempt from new auto tariffs thanks to 85% domestic content rule
#17Used cars are ALSO exempt. And, all used goods bought at secondhand stores are tariff-exempt as well. And so is FB marketplace, Craigslist, and others. My protest is meager, but effective for us - we just will buy used and use 'Reduce, Reuse, Repair, Recycle' where we can. EnEnough of us doing that will slow and hamper the economy (read: rich peoples' money).
Are you saying if I import a used car, I don't have to pay tariffs? Factory delivery programs would become a lot more popular.
Or are you just saying that if I buy a car that's already in the US and has already had any import tariffs due at time of import paid, I won't have to pay them again? That's a lot less interesting.
Re: Only Teslas exempt from new auto tariffs thanks to 85% domestic content rule
#18Now they need a special insurance subsidy to offset the extra costs for losses.
Re: Only Teslas exempt from new auto tariffs thanks to 85% domestic content rule
#19Used cars are ALSO exempt. And, all used goods bought at secondhand stores are tariff-exempt as well. And so is FB marketplace, Craigslist, and others. My protest is meager, but effective for us - we just will buy used and use 'Reduce, Reuse, Repair, Recycle' where we can. EnEnough of us doing that will slow and hamper the economy (read: rich peoples' money).
That suggests an ecosystem may appear around making new goods "used" enough to meet some legal definition.
I think the meaning was not "You can import used cars without tariffs", but "If you buy used cars already in the country, you don't pay the new tariff, so just don't buy new cars."
Re: Only Teslas exempt from new auto tariffs thanks to 85% domestic content rule
#20Most positive take:
Someone asked what is the car model with the most American parts right now? We will make everyone meet that benchmark or better.