..................... This is friggen excellent. A thoughtful, reasonable answer. I appreciate it. I actually do.
The Initial Tariffs Worked. Maybe? Is it getting people to the table. Yes?
Did it have to go this way? Diplomacy isn't Trumps strongsuit. He could have just as easily reached out to these countries quietly, and find common ground, the redo the deals, without stunting the economy.
How does his deal with England hurt Americans?
This is how (from an article with the link to the whole article). Not my words- they do a much better job than me.
Last week, GM said levies could scrape as much as $5 billion from its profits this year, while Ford expects to take a $1.5 billion hit, The Associated Press reported.
As a result of hikes on imported goods, Stellantis in April halted production at plants based in Canada and Mexico, which are both subject to taxes on foreign vehicles.
Blunt said the U.K. deal undercut the United States-Mexico-Canada Agreement (USMCA), Trump’s first-term trade deal that replaced the divisive North America Free Trade Agreement.
“Under this deal, it will now be cheaper to import a UK vehicle with very little U.S. content than a USMCA compliant vehicle from Mexico or Canada that is half American parts. This hurts American automakers, suppliers, and auto workers,” Blunt said Friday.
“We hope this preferential access for UK vehicles over North American ones does not set a precedent for future negotiations with Asian and European competitors.”
https://thehill.com/business/5292037-auto-industry-critics-trump-uk-deal/
Again- truly appreciate the response and the share of thoughts.
8trackdisco wrote: