5 ms·
> Ford also benefits from high import tariffs on foreign built trucks, a tariff basically designed to protect the F-150. Protect it from GM, Toyota, Rivian who
by vuln 4y ago
> Ford also benefits from high import tariffs on foreign built trucks, a tariff basically designed to protect the F-150.
Protect it from GM, Toyota, Rivian whom builds their Trucks in America?
No American truck buyer wants a Mitsubishi or Hyundai truck. Full stop.
- ch4s3 4y agoRivian didn't exist, and Toyota didn't enter the US market until a year after the tariff and didn't build trucks for the US market then. Sure GM builds trucks too and benefits, but it was basically designed as a giveaway to Ford while keeping VW light trucks out of the US market in retaliation for Germany tariffs on chicken. > No American truck buyer wants a Mitsubishi or Hyundai truck. Full stop. Then why maintain a tariff from 1964 designed by the Johnson administration?
- vuln 4y ago> Then why maintain a tariff from 1964 designed by the Johnson administration? No clue, but seems pretty bipartisan. Maybe “National Security” or whatever excuse .gov comes up with…