Dairy trade with Canada is the only sector that’s currently not tariff free. NAFTA makes everything else (e.g. high value stuff like cars and Boeing planes) tariff-free.
Dairy trade with Canada is the only sector that’s currently not tariff free. NAFTA makes everything else (e.g. high value stuff like cars and Boeing planes) tariff-free.
That’s what I’m talking about. Got those coins from vending machines. 20 of those are worth at least $40 now I believe.
That kid should have saved those. I have about 20 of those and they’re worth a lot more than $20 now.
Am I the only one disappointed by a lack of references to Doug Demuro?
Buick Envision, Cadillac CT6 Plug-in, and some new Volvos. However they sell in such low volumes stateside that they’re nearly irrelevant. Meanwhile the US exports hundreds of thousands of cars to China despite heavy tariffs.
This reminds me of the Joseph Maturo case where he was sent large trays of tacos after saying that he’d maybe “have tacos for dinner” when asked about what he could do for the Hispanic community.
Looked it up - seems like the duty will be “gradually phased out” over the next few years, so if you mean today in May 2018, probably not.
Canada now has an FTA with the EU, which means the import duty on EU-sourced cars is gone. TPP should eliminate the duty for Japan-made cars too.
BMW is also the largest net exporter of vehicles from the USA. Those “evil Germans” are huge job creators in the US.
Even if California caves, there’s another wildcard known as Canada. It’s not an insignificant market - around 45% of new cars sold there are manufactured in USA thanks to NAFTA, with the top seller being the F-150. That means a lot of assembly lines that produce US-spec vehicles are also producing Canada-spec…
Skilled tradespeople live in blue states too you know... the top earning ones all live in large metro areas where they can actually get regular business. A plumber or roofer is more likely to own his business and pull in 6 figures if he lives in a large metro area (which likely leans blue even in red states) than if…
The oil industry has changed a lot since 2008. Notably, there are countless proven oil reserves located in the US and Canada that haven’t been tapped precisely because the global per-barrel price has been too low to justify starting a new drilling project.
Actually, the RX is made in Canada for the North American market.
The top-selling Japanese-brand cars in the US are predominantly made in the US (including almost the entire Acura lineup including the $200k NSX). Some are even R&Ded in the US - e.g. Toyota Avalon and Acura NSX. Many of these cars aren’t even marketed outside North America (e.g. Toyota Avalon, Sequoia).
Because marketing has worked to convince the average Joe that truck = premium and that the higher prices are totally worth it. The companies charge what the market will bear and if they can clear every unit in inventory at a certain price, why should they drop prices?
To be fair, it’s only in North America where Ford is all-in on trucks. They’re keeping the sedans and wagons alive in international markets. Hopefully they’ll be able to just federalize those vehicles if they suddenly need to fill a void.
Point out the online facts and they’ll just claim that “the Internet is run by Jews” or something. Can’t fix stupid.
Not 100% true - the chicken tax doesn’t apply to NAFTA partners (at least for now - who knows if the fatass-in-chief will blow it up).
Asians have the highest household incomes. Easy to be the highest when the household is larger on average.... For individuals not so much.
Foreign tourists are often advised to leave passports in hotel safes when they go out. Even the US government advises this for US citizens traveling abroad - don’t bring the passport around unless you have to (i.e. going to a bank, heading to the airport).