Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Only Teslas exempt from new auto tariffs thanks to 85% domestic content rule

fuelarc.com

Post reply on HN
Print view View original

111–120 of 728 posts

Re: Only Teslas exempt from new auto tariffs thanks to 85% domestic content rule

#111

Post by tim333 »

rectang wrote: post #7

I have zero faith in "free market" ideologues, because what we actually get when they gain power is just favoritism for "free market" ideologues.

It's hard to label Trump a free market ideologue. He's more Mr tarrif man.

If you want free markets look more to Lee Kuan Yew and Singapore (#1 on the "Index of Economic Freedom").

One of the virtues of proper free markets is the markets largely figure which companies win in a relatively non corrupt way, rather than politicians leaning on the scales.

Re: Only Teslas exempt from new auto tariffs thanks to 85% domestic content rule

#112

Post by seanmcdirmid »

rco8786 wrote: post #66
socalgal2 wrote: post #34

I don't know if it's the same people but many of the comments here seem the opposite of the comments on EUs rules where people say they're targeting specific companies and comments say "no, the rules are such than all companies over a certain size are covered". If the rule is 85% domestic than any company can do it. I'm not saying the tariffs are good. Only that their point is to get things made domesticly

Just a coincidence that the only company that currently fits the criteria is Tesla then. Everyone else can start rearranging their supply chains and building new factories to comply. Easy peasy right? Be up and running in a few weeks, at most, right?

I think Honda already has like 75% American parts in the cars they produce in Indiana. It was actually listed on the Acura ILX I bought from them awhile back.

Re: Only Teslas exempt from new auto tariffs thanks to 85% domestic content rule

#113

Post by [deleted] »

carpo wrote: post #55
gjsman-1000 wrote: post #16

Earlier quoted context omitted.

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!

It's not one event that destroys a republic, but a series of little ones that slowly erode the norms, until all of sudden there's someone willing to cross the Rubicon. You've got 44 months of erosion to go.

[deleted]

Re: Only Teslas exempt from new auto tariffs thanks to 85% domestic content rule

#114

Post by seanmcdirmid »

userbinator wrote: post #14
mystraline wrote: post #10

Used 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.

Isn't that actually what they've been doing in Cuba since the revolution? I'm sure those old cars should have been retired by now and replaced with cheap Chinese imports, but for a few decades, they were refurbishing American-made cars continuously.

Re: Only Teslas exempt from new auto tariffs thanks to 85% domestic content rule

#115

Post by lenerdenator »

porphyra wrote: post #82
guywithahat wrote: post #70

I wonder how much their lack of union plays into this. The auto factories fled Flint/Detroit due to the UAW basically an attempt to limit the scope of strikes and violence from the UAW. Tesla doesn't have to worry about unions (at least yet), and so they have very centralized factories where an enormous amount of work is done. Probably makes it easier to do everything in the US if you can do it all in one building

In the long run, unions can be blamed for this whole Trump Presidency. Biden was pressured by unions to snub Tesla at the EV summit. This personally offended Elon, who then went to support Trump with all sorts of tactics including buying Twitter to amplify his voice.

> In the long run, unions can be blamed for this whole Trump Presidency.

Yeah, how dare they do the things that make reactionaries be... reactionary.

Re: Only Teslas exempt from new auto tariffs thanks to 85% domestic content rule

#116

Post by DAGdug »

socalgal2 wrote: post #34

I don't know if it's the same people but many of the comments here seem the opposite of the comments on EUs rules where people say they're targeting specific companies and comments say "no, the rules are such than all companies over a certain size are covered". If the rule is 85% domestic than any company can do it. I'm not saying the tariffs are good. Only that their point is to get things made domesticly

They search space for criteria is practically limitless. They have and would absolutely fish for precisely the criteria benefiting Musk. This playbook has been applied well by the crony capitalist class in the 3rd world, and is always a moving target. Most players know that and will not chase the moving target, knowing that another set of rules will emerge that will create new hurdles protecting the crony capitalist. A few will, and get burned.

There are two reasons to believe this is applicable here: 1. Trump has a track record of quid pro quos (Adelson being a salient example). Musk is definitely seeking his pound of flesh 2. Lutnick urged people to buy Tesla (shocking and explicit favoritism) The view that this is just incentivizing local production is naive.

Re: Only Teslas exempt from new auto tariffs thanks to 85% domestic content rule

#117

Post by rectang »

nostromo wrote: post #89
rectang wrote: post #7

I have zero faith in "free market" ideologues, because what we actually get when they gain power is just favoritism for "free market" ideologues.

Trump is in no way a free market ideologue and has made that very clear. Or are you talking about Elon?

The wider Trump administration, and Musk in particular for his DOGE work which has included firing regulatory enforcers.

Re: Only Teslas exempt from new auto tariffs thanks to 85% domestic content rule

#118

Post by tomrod »

gjsman-1000 wrote: post #16
amelius wrote: post #13

[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!

https://m.youtube.com/watch?v=JN1oBfg0fwI

The danger is here. Due process is being denied, inch by inch.

Re: Only Teslas exempt from new auto tariffs thanks to 85% domestic content rule

#119

Post by yongjik »

I was thinking about buying an EV in the next several years, but I'll never buy a Tesla, until I see Elon Musk in prison. And I don't think I'm alone.

Major effect of Trump's trade war is yet to be felt. I think Americans' perception of Trump will get much worse soon, and Tesla's brand image will follow suit. A tariff exemption is cute but I don't think that's enough to save Tesla.

Re: Only Teslas exempt from new auto tariffs thanks to 85% domestic content rule

#120

Post by Aurornis »

socalgal2 wrote: post #34

I don't know if it's the same people but many of the comments here seem the opposite of the comments on EUs rules where people say they're targeting specific companies and comments say "no, the rules are such than all companies over a certain size are covered". If the rule is 85% domestic than any company can do it. I'm not saying the tariffs are good. Only that their point is to get things made domesticly

> where people say they're targeting specific companies and comments say "no, the rules are such than all companies over a certain size are covered".

The rules are written with full knowledge of the current market situation and the understanding that companies can't re-engineer their supply chains overnight.

The rule-writers had full knowledge about which companies would and would not immediately benefit from this rule. They wrote it accordingly.

This doesn't compare to the EU rulemaking discussion for that reason. If the EU rules were written so that only a single company was hit by the rule, people would be saying the same thing.

Post reply on HN