General Discussion

allgood33

(1,584 posts) Mon Nov 26, 2018, 01:17 PM Nov 2018

Nobody seems to be talking about the impact of Trump's tariffs on GM closing plants.

It's not the only factor but every story I read about it has buried in it the impact of steel and other tariffs.

https://www.yahoo.com/finance/news/official-gm-close-ontario-plant-054923778.html

7 replies

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Nobody seems to be talking about the impact of Trump's tariffs on GM closing plants. (Original Post) allgood33 Nov 2018 OP

Also just heard that these plants mostly produce small cars dhol82 Nov 2018 #1

Cuz coal-powered cars are the future. Coal is back! fleur-de-lisa Nov 2018 #2

People aren't buying them? Anyway, lost in all this GM grief is the news that Ford... TreasonousBastard Nov 2018 #3

trump's tariffs are costing the US jobs Gothmog Nov 2018 #4

Trump's republican tariffs led to the republican TrumpSlump Achilleaze Nov 2018 #5

$1 billion in losses, just from Gump's tariffs. John Fante Nov 2018 #6

The US Auto industry has Wellstone ruled Nov 2018 #7

dhol82

(9,352 posts)

1. Also just heard that these plants mostly produce small cars

Reply to allgood33 (Original post)

Mon Nov 26, 2018, 01:19 PM

Nov 2018

The market for them has gone down.
Not sure why.

fleur-de-lisa

(14,624 posts)

2. Cuz coal-powered cars are the future. Coal is back!

Reply to dhol82 (Reply #1)

Mon Nov 26, 2018, 01:23 PM

Nov 2018

TreasonousBastard

(43,049 posts)

3. People aren't buying them? Anyway, lost in all this GM grief is the news that Ford...

Reply to dhol82 (Reply #1)

Mon Nov 26, 2018, 01:24 PM

Nov 2018

announced several months ago out of the small car business completely.

Gothmog

(145,130 posts)

4. trump's tariffs are costing the US jobs

Reply to allgood33 (Original post)

Mon Nov 26, 2018, 01:36 PM

Nov 2018

Achilleaze

(15,543 posts)

5. Trump's republican tariffs led to the republican TrumpSlump

Reply to allgood33 (Original post)

Mon Nov 26, 2018, 02:36 PM

Nov 2018

John Fante

(3,479 posts)

6. $1 billion in losses, just from Gump's tariffs.

Reply to allgood33 (Original post)

Mon Nov 26, 2018, 02:49 PM

Nov 2018

That's a huge chunk of change.

Wellstone ruled

(34,661 posts)

7. The US Auto industry has

Reply to allgood33 (Original post)

Mon Nov 26, 2018, 03:40 PM

Nov 2018

conceded the Passenger Car Market to the South Korean's. Yes there are other Foreign manufactures,but the Korean's are low balling every one much like Japan did in the Seventies and Eighties.

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