Comment by Aromasin
Comment by Aromasin 10 months ago
For those who aren't aware it's a 25% tarrif, so most manufacturers don't bother even trying to sell in the US. That's why almost all European/Japanese brand cars are 30+ years old over there.
I find it entertaining when my US colleague come visit and are amazed at all the options. I drive a new Toyota Hilux, and they weren't even aware they made them anymore. For a country that once prided itself on being the land of the free market capitalist, it's a shame the decision makers are so scared now of competition.
> For those who aren't aware it's a 25% tarrif, so most manufacturers don't bother even trying to sell in the US. That's why almost all European/Japanese brand cars are 30+ years old over there.
BMW has a 23.000-employee plant in South Carolina that produces X model SUVs for the entire world [1]. Volkswagen has an even larger presence [2]. No tariffs apply on these.
[1] https://en.wikipedia.org/wiki/BMW_in_the_United_States
[2] https://en.wikipedia.org/wiki/Volkswagen_Group_of_America