Trump announces a 25% tariff on *all* foreign-made automobiles from midnight. Very bad news for the U.K. car industry, among others. - ThreadSky

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paulbrand.bsky.social • 53 days ago

Trump announces a 25% tariff on *all* foreign-made automobiles from midnight.

Very bad news for the U.K. car industry, among others.

Comments

paulbrand.bsky.social•53 days ago

Trump says America’s ‘reciprocal’ tariffs will not be fully reciprocal - they will be “half” of what other countries charge.

simonshep.bsky.social•53 days ago

What sort of #demented fool announces tariffs to take immediate effect without taking into consideration goods already in transit and the impact on existing contracts?

operabunny.bsky.social•53 days ago

A bigly genius. Someone with a high enough IQ* to repeat: person, woman, man, camera, TV.

*maybe even as high as 2 figures!

missradders.bsky.social•53 days ago

Covfefe.

markbowden.bsky.social•53 days ago

Maybe all ex-US countries should come together and agree on less import / export costs for automobiles between each other to offset the harm these tariffs may do.

twinklebutt.bsky.social•53 days ago

US accounts for under 20% of our vehicle exports. It's a problem but a manageable one, since most of the value of our car exports to the US is at the top end of the range where price isn't such a factor. McClaren, Bentley, Rolls, Jaguar Land Rover etc. should all be okay.

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