U.S. President Donald Trump said Friday he plans to impose tariffs on imported cars around April 2.
Trump made the remark in the Oval Office when asked by reporters about his auto tariff comments earlier in the week.
"Over the next — sometime, maybe, around April 2," Trump said. "I would have done them on April 1, believe it or not. I'm a little superstitious. No, literally, we had it planned for April 1. I said, 'let's make it April 2.'
And I'm not the one saying it, the Wall Street Journal does. That's right: even Rupert Murdoch's very own propaganda outlet admits the president is a fucking idiot.
He doesn't care about his American cars.. he just greenlit a $1T Japanese manufacturing partnership, which includes Toyota, while Ford CEO says it blows a hole in US automotive sector...
Mump is solving the global warming crisis! First slap a tariff on the raw materials coming from Canada to the US for machining, then go through Mexico’s retaliatory tariffs to the assembly plants in Mexico, then this new round of tariffs on the finished product going to car lots in the US.
It’ll be so expensive that nobody will be able to afford to buy a vehicle, curbing emissions overnight! The oil industry will collapse as a result.
Interestingly, some parts involved in auto manufacturing cross the border up to 5 times before being put into a car. Will they be taxed 25% every time they cross from Canada to the US?