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Old 06-30-2018, 08:05 PM
  #4  
GaryDoug
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Join Date: Mar 2017
Location: Tarpon Springs, FL
Posts: 2,331
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Those car tariff percentages are correct. China is worse at 25% (but will reportedly drop to 15% In July). Of course, nobody wants cars that are made in the US, so the overall impact is probably small. Tariff wars inevitably hurt both parties due to the reduced commerce that follows. If the administration is actually fearful of national security issues, one possible solution is to subsidize the auto industries, which would actually increase employment.

This topic should probably be moved to Dockside Chat.

Last edited by GaryDoug; 06-30-2018 at 08:11 PM.
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