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For anyone that doesn't know, then president Ronald Reagan signed a bill into law in 1988 that banned all car imports into the US unless the car is at least 25
by jmyeet 6mo ago
For anyone that doesn't know, then president Ronald Reagan signed a bill into law in 1988 that banned all car imports into the US unless the car is at least 25 yaers old.
Why? Because US Mercedez-Benz dealers were selling their cars at too high a price and a lot of Americans were importing them directly from Germany. So the dealers associations lobbied Congress for a ban.
Country of free markets, by the way.
- altcognito 6mo agoThis is entirely misleading and misinformation -- only those not meeting all applicable Federal Motor Vehicle Safety Standards (FMVSS).