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General Category >> Politics, Religion (Tall Table) >> A 3 minute clip about tariffs. Makes sense.
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Message started by JOG on 10/17/24 at 16:04:35

Title: A 3 minute clip about tariffs. Makes sense.
Post by JOG on 10/17/24 at 16:04:35

https://rumble.com/v5j2a79-this-is-the-video-to-watch-if-you-dont-understand-tariffs.html?e9s=src_v1_upp

I didn't know our cars were tariffed at 100%.
The part about
Tariff imports that we make in America.
Cars,,Ohh yeah.. It's a tool to make others treat us better.

Title: Re: A 3 minute clip about tariffs. Makes sense.
Post by Eegore on 10/17/24 at 16:54:41

I didn't know our cars were tariffed at 100%.

Either did anyone else because they aren't.

EU tariffs average 8%. There are 10% on finished vehicles and 3.0 to 4.5% on the majority of parts. This can be verified in the Schedule B export codes from the International Trade Administration.
https://www.trade.gov/automotive-motor-vehicle-tariff-codes

NADA and CSIS confirm this as well.

https://www.nada.org/media/3271/download?inline

https://www.acea.auto/fact/fact-sheet-eu-us-automobile-trade/

https://www.acea.auto/files/ACEA-Pocket-Guide_2024-2025.pdf#page=36

This is a textbook reason why I don't use mainstream/social media for information. Every verifiable resource except this guy on the video say something completely different and it's backed by thousands and thousands of documents with real humans driving or working on real cars.

Title: Re: A 3 minute clip about tariffs. Makes sense.
Post by JOG on 10/17/24 at 19:20:21

And I posted that expecting it to get fact checked. Don't get the idea I was convinced, and incensed,,
Where Is the actual information? I wouldn't know how to start.

Okay,, snot hard,,

But, independent experts say, when it comes to selling cars in Japan, domestic automakers face as many regulatory challenges as their foreign rivals. In terms of tariffs, Japan has none, while the US does apply tariffs to cars brought into the US from Japan.
It's not tariffs keeping American cars out of Japan, it's Japan itself.

That is ONE source. Two sources. One says 100% tariffs.
The other?
Zero.
Still,remove the Bullschitt, I think what was said about How to decide what to tariff made sense.