How tariffs will jack up the prices of automobiles..

[Magical Realist]

It's inevitable. And it's all Trump's doing. Remember when presidents were routinely despised for even slight increases in inflation? Well now it's really happening big time and is directly caused by Trump's stupidity. Happy "Liberation Day"!

https://www.cnbc.com/video/2025/03/29/he...rices.html

[Syne]

Why, are you in the market for a brand new, already overpriced car?

Or is this just TDS venting its spleen.

[Magical Realist]

Why, are you in the market for a brand new, already overpriced car?

Americans shouldn't be in the market for cars now? That's some backwards pro-capitalist logic there..I thought conservatives were FOR a thriving capitalist economy.

[Syne]

Personally, I'm not generally for taking out a loan to buy something that depreciates the moment you buy it. But sure, go on pretending that every conservative is the caricature that you imagine.

[Secular Sanity]

They’re all preparing for the impact of the tariffs by increasing their production capacity in the U.S. to offset some of the tariff pressures. Even Toyota, Honda, etc. That sounds like a good thing for us.

[Magical Realist]

Personally, I'm not generally for taking out a loan to buy something that depreciates the moment you buy it.

So then you don't support any Americans buying cars? Wow..so much for the billion dollar auto industry, insurance industry, petroleum industry, auto parts industry, and the auto repair/svc industry. Shall we go back to the horse and carriage then?

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They’re all preparing for the impact of the tariffs by increasing their production capacity in the U.S. to offset some of the tariff pressures.

That takes time and billions of dollars. They'll have to get that money back somehow. American consumers? Bend over!

[Syne]

College, medicine, new cars... just some of the things that cost more than they should because people can and do go into to debt for them. I'm for living within your means. Not borrowing, predatory lending, and lifelong debt being normalized.
Has nothing to do with entire industries, nor what "any Americans" should or should not be buying. Just my personal opinion. Hence prefacing it with "personally."

I agree with SS. Foreign automakers are going to build cars here, so they can sell them at competitive prices by avoiding tariffs. Otherwise, more Americans start buying American-made cars. Win-win for Americans.

[Magical Realist]

These isolationist and anti-globalist tariffs will only last as long as Donny Dumbass is in office. Perhaps not even that long after the resulting recession starts. That's the bad thing about impulsive executive orders. They're not like more permanent and thought-out Congressional legislation or Supreme Court decisions. What can be ordered with the stroke of a pen can just as easily be abolished with the stroke of a pen. Meanwhile the manufacturers would be wise to wait this all out if they can. This administration has proven itself to be nothing if not unstable and volatile in the extreme...

[Syne]

Oh, you prefer the awesome globalism where relatively wealthy Western countries use cheap labor under horrid working conditions in eternally "developing" countries to enrich our own consumerism? You think it's better we enrich ourselves off of poorer countries?

I didn't hear any leftists whining about Obama's and Biden's executive orders. Nor the instability of President suffering from obvious dementia. Hypocrite.

[Magical Realist]

Oh, you prefer the awesome globalism where relatively wealthy Western countries use cheap labor under horrid working conditions in eternally "developing" countries to enrich our own consumerism? You think it's better we enrich ourselves off of poorer countries?

I don't know about these so-called "horrid conditions" but having a job is always better than starving and having no income. So while you pretend to be oh so concerned about the manual laborers in third world countries, think what globalism has done for poor countries all over the world. Chip manufacturers in Taiwan and India? Auto parts and assembly plants in Mexico and South America? Globalism is simply letting capitalism run its course and letting corporations make maximum profits to sell cheaper products by outsourcing labor and production. Since when are conservatives against other countries reaping the benefits of corporate wealth? To letting corporations become even wealthier by going international and expanding their markets? What happened to "trickle down" theory? Of "the rising tide raising all boats"? Or the invisible "guiding hand" of free market economies? I thought the govt interfering with and regulating corporations was a bad thing not a good thing.

Let's review some of the benefits of globalization and why it is the inevitable trend of the future:

"Globalization is viewed as an inevitable trend, driven by technological advancements, interconnected economies, and the constant human desire for connection and exchange, making it a natural progression of human history.

Here's a more detailed look at why globalization is often considered inevitable:

Technological Advancements:
Technological breakthroughs, particularly in transportation and communication, have shrunk the world and made it easier for people, goods, and ideas to move across borders.

Interconnected Economies:
The global economy is increasingly interconnected, with countries relying on each other for trade, investment, and resources.

Human Nature:
Humans have a natural tendency to explore, trade, and interact with others, which has historically led to the movement of people, goods, and ideas across geographical boundaries.

Historical Precedent:
Globalization isn't a new phenomenon; throughout history, there have been periods of increased interconnectedness and exchange, such as the Silk Road and the Age of Exploration.

Economic Benefits:
Globalization can lead to increased economic growth, access to wider markets, and lower prices for consumers.

Cultural Exchange:
Globalization facilitates cultural exchange, allowing people to learn about and appreciate different cultures and traditions.

Political Influence:
Globalization can lead to increased political influence and cooperation between countries, as they address global issues such as climate change and pandemics."