SaysWho? Posted June 30, 2018 Share Posted June 30, 2018 https://www.reuters.com/article/us-usa-trade-autos/gm-warns-u-s-import-tariffs-could-lead-to-smaller-company-idUSKBN1JP2PZ Quote The administration in May launched an investigation into whether imported vehicles pose a national security threat, and U.S. President Donald Trump has repeatedly threatened to impose a 20 percent vehicle import tariff. The largest U.S. automaker said in comments filed with the U.S. Commerce Department that overly broad tariffs could “lead to a smaller GM, a reduced presence at home and abroad for this iconic American company, and risk less — not more — U.S. jobs.” Higher tariffs could also hike vehicle prices and reduce sales, GM said. Its comments echoed those from two major U.S. auto trade groups on Wednesday, when they warned that tariffs of up to 25 percent on imported vehicles would cost hundreds of thousands of auto jobs, dramatically raise prices on vehicles and threaten industry spending on self-driving cars. Quote Link to comment Share on other sites More sharing options...
PaladinSolo Posted June 30, 2018 Share Posted June 30, 2018 Don't get cute GM. It truly is amazing how any benefit we could have gained from tax cuts he negates by taxing just about everything we buy. Quote Link to comment Share on other sites More sharing options...
legend Posted June 30, 2018 Share Posted June 30, 2018 I'm just about due to buy a new car too Quote Link to comment Share on other sites More sharing options...
SaysWho? Posted June 30, 2018 Author Share Posted June 30, 2018 21 minutes ago, legend said: I'm just about due to buy a new car too I've had good experiences with Kia so far. Quote Link to comment Share on other sites More sharing options...
SuperSpreader Posted June 30, 2018 Share Posted June 30, 2018 21 minutes ago, legend said: I'm just about due to buy a new car too Soon you won't be able to buy German cars or American sedans, enjoy your SUV! Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted June 30, 2018 Share Posted June 30, 2018 1 hour ago, legend said: I'm just about due to buy a new car too Time to buy a Yugo! Quote Link to comment Share on other sites More sharing options...
Jason Posted June 30, 2018 Share Posted June 30, 2018 Quote Link to comment Share on other sites More sharing options...
run32.dll Posted June 30, 2018 Share Posted June 30, 2018 10 hours ago, SaysWho? said: I've had good experiences with Kia so far. I can also vouch for Kia. When I was car shopping a couple years ago Ford and GM's car offerings were pretty weak compared to Korean and Japanese manufacturers. They also surprisingly had less leg and head room than Japanese and Korean cars. Quote Link to comment Share on other sites More sharing options...
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