Wilbur Ross Completes Section 232 Report – Auto Industry Executives Going Bananas….

Commerce Secretary Wilbur Ross has completed the section 232 investigation on the auto industry, reviewing the sector as a vital economic interest for continued national security.

The content of the investigative finding is unknown. The Commerce Department has privately delivered the 232 report directly to the White House. However, with the possibility of the report empowering President Trump to implement 20 to 25% import auto tariffs industry executives are proactively going bananas.

An important aspect here is that the USMCA (U.S., Mexico and Canada) agreement exempts the trilateral North American pact from any auto tariff fear. If the vehicle consists of 75% North American (USMCA) content, there’s no tariff.

At the 30,000 ft level, the USMCA deal positioned the U.S. and Mexico to retain their current multinational investments; and through a series of sector-by-sector standards on origination the deal simultaneously closed the fatal NAFTA loophole.

The USMCA agreement makes an economic manufacturing partnership between the U.S, Mexico and Canada; and for assembly products third parties will have to produce parts and origination material within the U.S. and Mexico.

U.S.T.R. Lighthizer put some details forward:  ♦The NAFTA Loophole closure is explained in Summary Form HERE; with emphasis on the Auto-Sector.  The key is a 75% part origination level for auto-assembly; and a 40-45% level for parts with a minimum $16/hr wage rate.  The source-origination rate (75%) is even higher than all previously forecast USMCA negotiation predictions.

Example of downstream consequences/benefits:  German auto-maker BMW recently built a $2 billion assembly plant in Mexico (almost complete).  Most of their core parts were coming from the EU (steel/aluminum casting components) and/or Asia (electronics).  Now the assembly plant will have to source 75% of the auto-parts from the U.S. and Mexico, with 45% of those parts from facilities paying $16/hr.

As a direct result of the USMCA agreement BMW made an announcement in November they were exploring additional parts manufacturing facilities within the U.S. for their engines and transmissions.  BMW needs to modify their supply chain and build auto parts in the U.S. and Mexico:

LOS ANGELES (Reuters) – BMW (BMWG.DE) is considering a second U.S. manufacturing plant that could produce engines and transmissions, Chief Executive Harald Krueger said on Tuesday, shortly after a report that U.S. President Donald Trump would impose tariffs on imported cars from next week

Additionally, with the KORUS (Korean-U.S.) bilateral trade deal now cemented there would be no impact to South Korean auto imports (Kia etc) from a 232 decision.  However, any EU, China or Japanese automaker who is not currently inside U.S.M.C.A operations could be subject to an application of a countervailing duty.

Specifically because of the scale of the industry, German Chancellor Angela Merkel is the most at risk from a lack of an overall U.S-EU trade deal.  This potential 232 auto tariff is a big stick to get the EU to the bargaining table.

WASHINGTON (Reuters) – The U.S. Commerce Department sent a report on Sunday to U.S. President Donald Trump that could unleash steep tariffs on imported cars and auto parts, provoking a sharp backlash from the industry even before it is unveiled, the agency confirmed.

Late on Sunday, a department spokeswoman said it would not disclose any details of the “Section 232” national security report submitted to Trump by Commerce Secretary Wilbur Ross. The disclosure of the submission came less than two hours before the end of a 270-day deadline.

Trump has 90 days to decide whether to act upon the recommendations, which auto industry officials expect to include at least some tariffs on fully assembled vehicles or on technologies and components related to electric, automated, connected and shared vehicles.  (read more)

Don’t forget there’s already an existing 25% tariff on imported trucks and SUV’s, that’s why most foreign automakers opened truck and SUV auto-plants in the U.S. over the past two decades.   BMW builds their SUV’s in South Carolina.  Volkswagen builds SUV’s in Tennessee.  Mercedes now builds their SUV’s in Alabama, and Toyota builds in Princeton Indiana as well as Canada.   Volvo has also moved all their SUV building to South Carolina.

It is doubtful President Trump will actually pull-the-trigger on tariffs for cars; however, as said, his ability to do it is a massive stick to get both the EU and Japan to commit to a renegotiated bilateral trade agreement.

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This entry was posted in Auto Sector, Big Government, Donald Trump, Economy, European Union, Japan, media bias, NAFTA, President Trump, Trade Deal, Uncategorized, USA, USMCA. Bookmark the permalink.

131 Responses to Wilbur Ross Completes Section 232 Report – Auto Industry Executives Going Bananas….

  1. Publius2016 says:

    leverage! create it and win!! Wilburine!!!

    Liked by 35 people

  2. John says:

    I love our President!

    Liked by 31 people

  3. Zaza says:

    ” to implement 20 to 25% import auto tariffs industry executives are proactively going bananas.”

    correction as needed but ARE NOT Tesla’s built in the USA?

    COME ON progleft idiots, DEFEND your President on his clear choice for Americans to drive electric!

    😀

    Liked by 2 people

    • jeans2nd says:

      Tesla is moving to China.
      Do try to keep up.
      How to recharge electric cars? With electricity from a gas or coal fired electric plant.
      Do electric cars run in cold weather? No. Why? The batteries do not run in cold weather.
      Oh bummer.

      Liked by 6 people

      • madeline says:

        My sister has a Tesla, I asked her of it was coal or nuclear. She said what. Well you plug it in don’t you? Your electricity comes from either coal or nuclear right? So they actually think they can charge with wind or solar? Seriously?

        Liked by 10 people

        • Wish her luck in permitting a PORTABLE WINDMILL.

          Liked by 4 people

        • Stephan Schaem says:

          I will drive a coal power car over oil any day.
          But for me it happen to be solar. I’m also in hydro country if I need to use grid power.

          But I think for many power plants are natural gas or coal (and thats 100% US sourced)

          I’m glad to say that I dont fund any islamic states like quatar, uae or saudi arabia when I drive to work. (its not easy to fuel at stations that dont buy foreign oil form extremist islamic states)

          Tesla made in America (drive train, engines, seats, etc.. etc.. even that battery and cells made right here, including raw materials, like lithium mined in Nevada)

          And best of all, uses 100% US produce fuel… not of that middle eastern garbage.

          Liked by 1 person

          • Lucky Kitty says:

            It’s easy for me to drive with American oil/gas as I live in Oklahoma and buy Conoco products! We even have ethanol-free gas!

            Liked by 4 people

            • woodstuff says:

              I use ethanol-free gas in north Texas. Ethanol seeks to combine with water, causing corrosion in small engines (mowers, weed eaters, boats, chain saws, etc.) Ethanol is also destructive to auto/truck engines with carburetors.

              To be fair, I have heard that ethanol may not damage some late model car engines with fuel injection.

              Liked by 2 people

            • ATheoK says:

              💚💚
              I am so envious!
              I have to inspect every gas pump here because quite a few of the gas stations are selling 15% ethanol gas. With the only notice, a small sign somewhere around the pump.
              💚💚
              And you get to not support non-liquor ethanol producers.

              Liked by 1 person

            • Stephan Schaem says:

              I’m glad that you have that choice and aware of going with a non OPEC client.
              For me the choice is between Valero and BP. Not a huge fan of BP, so this leave me with Valero.
              side note: people talk about CO2 generation a lot, but dont look at the amount of CO2 we consume. The CO2 sequestered by corn is gigantic. I wouldn’t be surprised (dont have hard numbers) if this alone offset entirely the cattle methane production.

              Like

          • farmhand1927 says:

            Every time I see a Tesla I note that We, the Taxpayer, provided the owner with a subsidy to help buy it which thrills me about as much as paying subsidies for govt employees to get a break on their Obamacare insurance policies.

            Liked by 2 people

            • Stephan Schaem says:

              I think your position is not unlike people in NY city opposing the Amazon headquarter, that they should not get any tax break because its taking money away from everyone.

              But the good thing is that tax relief is pretty much ending, and it was insignificant on our federal budget. Tesla & GM (electric) are now stable and can thrive without incentives.

              I’m also in the camp that believe people / company manager money better then our government. So having a tax payer keep control of his/her money VS handing it over to the government, I’m pleased with it. Specially when the incentive is to buy American.

              Better that our tax payer get a break buying a Tesla or GM, then buying a $40k audi or porsche.

              Now, what do bother me is that we send more money to pakistan (many fold) every year then what Tesla/GM EV customers received in tax break in the past 10 years.

              Like

          • nuthinmuffin says:

            yeah, that US produced cobalt too…oh, wait, the bulk of Tesla’s overall supply has historically come from the conflict-prone Congo. Cobalt is a critical element in lithium-ion batteries used in electric cars. Such batteries already consume 42 per cent of the metal, and industry experts predict demand will soar by as much as 30 fold by 2030.

            Liked by 1 person

            • Stephan Schaem says:

              Its a very minimal part of the BOM… and its a one time cost. Tesla energy battery have a formulation that uses the least cobalt in the industry at 3% , with next formulation expected to be 0%.
              If you look at the amount of OPEC oil we import a year, its a very different story.

              Like

        • PS says:

          Your energy is twice as likely to come from natural gas than nuclear in the US. The breakdown is about 40% NG, 30% coal, 20% nuclear, 10% renewables.

          https://www.eia.gov/tools/faqs/faq.php?id=427&t=3

          Liked by 3 people

        • Squirrel running in a hampster wheel in the garage. Generates 1Volt per rotation.

          Like

      • Stephan Schaem says:

        They are not moving any production to China. But they are opening a factory there for the Chinese market, model 3 & Y only. Law of economy dictate. The luxury models are still exclusively made in Fremont.

        Electric car thrives in super cold weather, a reason country like Norway see massive adoption. They surely perform much better then ICE cars under sub zero conditions.

        And isn’t it great that electric car use 100% US made energy (coal, gas, hydro, nuclear, solar, wind, etc.. ) VS forced to only use oil that is still imported from the middle east and primarily from islamic states?

        Like

        • Dennis Leonard says:

          How does a electric car produce heat for the occupants in winter and likewise cooling in the summer.which consumes battery power.Now to taking a trip,where you going to charge up fast if at all.Now the price without all those government kick backs.And the kicker ,you are sitting on a explosive device,those wonderful batteries.Tell me about Islamic states again.The solar and wind stuff is made in China.

          Liked by 1 person

          • thesavvyinvester says:

            Heat pump driven by battery heat is the latest engineering innovation. Watch all manufacturers adopt it. Jaguar E-Pace has it, expect all others to follow as it increases overall vehicle efficiency by 30%

            Like

          • Stephan Schaem says:

            Electricity run a heat pump. You have one in a gas powered car if you have an AC.
            Heat pump also generate heat. Many car also use restive (electric) heating for steering wheel , seats.
            The tax incentive (if you dont pay taxes you get no “kickback”) is now $3500. Not insignificant, but for the lifetime of ownership its not much at all.
            For exploding cars, I think gasoline car are hard to beat. You can think of those being Molotov cocktails on wheels.
            And my solar “stuff” was made in Buffallo NY. And all company that installed it, all American. From electricians to roofers.

            Like

        • Glad you like your car. You might want to look at the battery costs and technology; which lags behind the ICE and is a main culprit on why electric cars are so expensive.

          In Texas, we are producing huge amounts of DOMESTIC oil, fwiw. Port of Houston is a major natural gas and oil exporter.

          Liked by 3 people

        • sledhead406 says:

          “Electric car thrives in super cold weather, a reason country like Norway see massive adoption.”

          I cant lie- I smirked when passing a bunch of frozen Teslas pulled over a week ago or so. Those owners might be interested to find out their immobile cars “thrive” at -30.

          Like

          • nuthinmuffin says:

            he sounds like he is a Tesla salesman, doesn’t he?

            Like

          • nuthinmuffin says:

            ignore him…he’s just attempting “virtue signaling” with his car purchase. he claims to be proud of his “all american” choice, yet he sounds like a preening european elitist

            Liked by 1 person

            • Stephan Schaem says:

              There is many objections to electric vehicle, but operation in cold weather should not be one (the #1 issue is range reduction) .
              Now, that I buy American made is considered “virtue signaling” ? I guess it is , because I do enjoy those “Made in America” labels.

              Like

          • Stephan Schaem says:

            I’m not saying batteries get better when cold, just that EV generally perform better then combustion engine under the same cold conditions.

            Since you speak of -30 .. do a youtube search for “Model X extreme testing in -36°C/-33°F” to see an electric car parked in <-33F overnight for 7 hours.

            You also have a lot of winter driving data from country like Norway, and at least Tesla are doing well in this climate.

            Like

  4. snarkybeach says:

    What will happen if Chuck & Nancy throw a hissy fit and end up tanking the USMCA? There have been rumblings about it becoming the next target of RESIST. Nancy wants to be the originator of tariffs (i.e. none) and Chuck wants to obstruct.

    Liked by 2 people

      • cthulhu says:

        IMHO, he should have done it already and lit a fire under the clock. “Nothing concentrates the mind like the prospect of being hanged at dawn” and all that [Dr. Johnson, by way of “Mad Men”]. I really don’t get why he didn’t pull THAT trigger before the end of 2018…..OTOH, I’m not privy to a lot of the information that VSGPOTUSDJT has, and I’m not as smart a guy. He probably has his reasons.

        Like

        • I do not see an urgency to start the clock at all.

          The targeted sectors are already doing what they need to do to comply(source North America), so when USMCA goes into effect it will not be a speed bump at all to them at all.

          If it were me, I would start the clock 6 months before the 2020 election season.
          That would DARE legislators to be on the record (during an election cycle) of congress critters allegiance to their big donors or to the working people of the USA.

          Voters can then act appropriately because it will be fresh in their minds instead of 2 years ago as the average voter will not remember their congress critter was against it or fall for congress critters claim that they were for it when they were really voted against it.

          Like

          • H.R. says:

            All good points, My Magic Wand. The companies need time to change suppliers, move things around if needed, and arrange for different logistics. And the political considerations work better as you point out.

            President Trump gave them the heads up in plenty of time for the various automakers to minimize the effects of tariffs or avoid them altogether.

            You can’t just flip a switch on our domestic automakers (and that includes foreign cars made here) if you’re trying to move jobs to the US or keep jobs here. You want to minimize the financial stress on a company so they will be viable when they bring the jobs to the US.

            MAGA is getting the jobs here, not punishing the companies bringing the jobs.

            Liked by 2 people

        • swimeasy says:

          IIRC, President Trump can unilaterally withdraw from NAFTA six months after announcing his intent. POTUS is using this waiting period to promote the USMCA as many middle class rust belt Dems residing in the “blue wall” region have been hurt by NAFTA. I’m sensing another boxed in situation brewing for Pelosi and Schumer.

          Like

        • nuthinmuffin says:

          pressure on the foreign manufacturers to move jobs to the u s using only economic pressure and not actually having to pull the trigger. the fact is that, unlike his weak predecessors, president trump means it.

          Like

    • joebkonobi says:

      Sets up another 2020 massacre. . .of the democrats! Winning, Winning, Winning!

      Liked by 7 people

    • WSB says:

      We would be pre-NAFTA and even better off.

      😁

      Liked by 4 people

    • piper567 says:

      snarky, iirc, sundance pointed out the CoC likes the USMVA…if that’s true, it should pass Congress.
      BUT, I thought it was a Trade Agreement, not a Treaty.
      Does Congress have to approve it in order for it to be implemented?

      Liked by 1 person

  5. Sporty says:

    It’s about Damn time the playing field was leveled . All these thieving politicians and Businesses screwing us over for all these years. They should be shot.

    Liked by 3 people

  6. Mncpo(ret) says:

    You know, right off the rip, that things are looking bad when the EU comes out today and says there will be swift retribution if the tariffs take place. They’re screwed. MAGA

    Oh, a plus, the EU is going to try and challenge him on the Iran sanctions. They want to keep the Obama “Iran deal” in place. Once again, they’re screwed.

    Liked by 15 people

    • snarkybeach says:

      it’s what they deserve. Don’t they all work 30 hrs a week and take the month of August off?

      Liked by 8 people

    • budklatsch says:

      Quite sincerely, I could live the rest of my life without German cars.

      Liked by 13 people

    • joebkonobi says:

      Our only problem is Congress, so we need to let them hear from us!

      Like

    • Robert Smith says:

      Well, I understand their reaction on tariffs.

      On Iran, screw them. They want to choose Iran? Makes a lot of things clearer.

      Like

    • Mncpo – connecting the dots once again.

      The Auto Tariff “Sword of Damocles” offers massive leverage in getting the EU to
      • Fully fund their NATO obligations
      • Minimize purchases of Russian Gas
      • Step up in the Mideast as the USA steps back
      • Fully support the Iran Sanctions
      • Fully support the Venezuelan Transition
      • Dump Huawei and ZTE from Infrastructure & 5g Networks

      Britain has a new incentive for a No-Deal BREXIT and a Bilateral USA Trade Deal.

      Liked by 2 people

    • WSJ has an opinion piece by the typically globalist Walter Russell Mead today, saying that the EU needs to fix its own problems and stop blaming Trump. French GDP growth very lackluster at .8% annually, and poor Italy is contracting at about .5%/yearly (thought that doesn’t count, likely, the black market which is huge there).

      I wonder if this story is a factor in the stock market upswing of late.

      Like

  7. WES says:

    It is funny how some people will negotiate before a change could hurt them (Korea, Mexico) and others wait until the last second (Trudope) and still others wait until well after it is already hurting them (China, Germany).

    Liked by 10 people

  8. beigun says:

    At the end of the day, after the China Deal is done, there will still be Japan.

    The longest trade deficit with the US, Japan has 70 consecutive years of surplus.

    So, Japan will be the last big deal that Trump will have to make. A very hard deal since many former Presidents failed in big league negotiations with Japan, like US Grant, FDR, etc.

    Liked by 2 people

  9. merlintobie says:

    All the economics involved are incomprehensible to me, BUT I would LOVE to be able to purchase a new vehicle WITHOUT all the “nanny state” safety features, and fuel economy regulation overload, etc etc etc

    a simple, stripped down, basic vehicle I can fix at home, or hire the neighbor kid to do it

    a “modern day Model T” – under $5000 new

    Liked by 11 people

    • riverelf says:

      Ahh, you are talking about my dream vehicle, merlin—a lil farm truck with plenty of clearance and no ‘smart’ tech whatsoever—something I could learn to fix myself.

      Liked by 6 people

      • merlintobie says:

        Agree – I’m still driving a 1995 truck I bought new, because all the unnecessary tech on new vehicles is so annoying, and expensive.

        All those new trade schools they’re getting going could have a huge contest, to design a new American made line of MDMT (modern day model T) cars and trucks.

        Ford made vehicles out of hemp, that ran on hemp. Bet our sharp youngsters could do even better now. Winner gets $10 million.

        Liked by 4 people

      • piper567 says:

        find yourself a ’65 Dodge PU, strait 6.
        they last FOREVER.
        takes 30 minutes to replace the starter motor, one screw, one bolt.
        $65 at trade market.

        Liked by 1 person

        • H.R. says:

          Straight 6 or slant 6? I had two Dodges with the deuce-and-a-quarter slant six. The engines were strong and bulletproof. The cars? Not so much. They were rust buckets after 3-4 years in winter-road-salt territory.

          Like

    • Dances with Wolverines says:

      That;s why I’m holding on to my 1978 Ford econoline van, last vehicle build without catalytic converter. Come to think of it, registration is due this month.

      Liked by 1 person

    • My Magic Wand says:

      Find a vehicle that is Pre-OBD2 i.e. Californicated.
      https://en.wikipedia.org/wiki/On-board_diagnostics#OBD-II

      OBD 1 is OK and has flash code diagnostics as well as being fuel injected for good fuel economy and consistently good engine performance. I know at least GM and Chrysler did not go crazy with superfluous micro managing sensors until OBD2 to comply with the California emission laws.

      You could always go with an old school Carburetor equipped vehicle.
      You will have to live with not so good fuel economy, lots of items that need tinkering or replacement quite often (points and carburetor adjustments).

      These old vehicles are incredibly difficult to locate in one piece these days unless you wish to pull a couple of them out of a junk yard pile and cobble them together to make one good car, lots of work tho and at least a year of time. You would then have a vehicle that would be worth more than it originally sold for tho.

      I’m sticking with my 1992 GMC Sonoma truck until I can no longer get parts to fix it.
      It gets about 20 MPG and has a manual transmission on a 2.8L V-6. These were only produced for half a model year mid year changeover to 1993 new body / engine controls.

      It has been 25 years ago now but I believe the 1993 Sonoma’s were the first GM OBD2 equipped vehicle OBD1 connector tho, all I remember is the new body style was 1993 model and was put on the lot a year early and the first one that rolled off the car carrier was a hideously UGLY Sea-foam Green color.

      A modern day Model T would be wonderful but it would take 5000 bucks worth of sensors and add-ons to make current emission standards for sale, not to mention the millions for government safety testing to sell it.

      Liked by 1 person

      • Trump Train says:

        Not true very easy to restomod an older car for electronic ignition, fuel injections, 4wdisk brakes ect. I remember the stink about OBD III and the violation of our rights that would come whit it…………….now we, through our new vehicles and phones have given the government the same capabilities voluntarily.

        Like

        • My Magic Wand says:

          Yes it is true that you can “modernize” a classic car.

          But then what is the point of having a classic car then?

          Classic car buffs will not accept this as a classic car and will not be valued or looked at as a classic car it becomes a model T Frankenstein then.

          FOR SALE: Model T Ford MINT CONDITION. 4 wheel anti-lock brakes, 4 wheel disc brakes, fuel injected, chipped computer!!! ASKING $150,000.

          “An ass for every seat.”
          P T Barnum

          I know a guy who does that for a living building custom rods, but he was always coming over to the dealership looking for advise on the problems that the electronics CAUSED.

          To each his own.

          MINT Model T restoration $9950

          https://classics.autotrader.com/classic-cars/1916/ford/model_t/101033826

          Like

    • woodstuff says:

      I have an 87 F250. I’m restoring it a little at a time. It is costly, but I have no payments. Last week I carried a 1,700 pound machine in the bed with ease.

      The only electronic stuff are inside the distributor, the alternator, and the music radio. There is no computer or electronic control units. There is no emission junk anywhere (legal because it is over 25 years old).

      Yeah, I don’t get great mileage (mostly because it weighs 5,000 lbs. unloaded). This size of pickup is necessary for me because I often pull a trailer or carry heavy stuff in the bed.

      Some time back I was in a grocery store lot and was approached by a guy who parked his “jelly-bean” fart car beside me. He jumped on my case for driving such a large pickup. I just told the snowflake that I pulled a trailer. That didn’t take, but it didn’t matter to me. I just drove off.

      Like

    • nuthinmuffin says:

      that ship sailed at the end of the last century

      Like

  10. California Joe says:

    The only way you force negotiation of a fair agreement is to hold a loaded gun to their head!

    Liked by 4 people

  11. mopar2016 says:

    I can remember when a lot of Americans would buy American cars.
    It was a matter of pride that they were made in the US with parts that were also American made.

    That pride thing pretty much ended when we started building cars with cheap foreign parts.

    Liked by 4 people

    • RKEESX says:

      WELL, WHAT YOU SAY ABOUT CHEAP PARTS MIGHT BE TRUE. THE REAL CULPRIT IN THE DEAL WAS THE UNION LABOR WHO BUILT SHODDY CARS. I REMEMBER ORDERING CARS TO BE MADE WITH THE ITEMS I WANTED AND NOBODY WANTED A CAR THAT WAS BUILT ON ANY FRIDAY….FOR OBVIOUS REASONS. IN ADDITION, GM CARS, ALL, WERE SQUARE BOXES. THE SAME BOX CAR WITH DIFFERENT NAMES…CHEVY, BUICK, OLDS, ETC. GAS HOGS TOO BOOT.

      Like

    • My dad worked basically his entire career at Ford, retiring in the ’90’s & it offended him to no end to see all the foreign vehicles in the company parking lot. From his perspective if you worked there you should buy vehicles that supported your employer &/or nation. I’ve never actually bought anything but a Ford. When he retired they said at his retirement party that even his blood was blue!

      Liked by 2 people

      • pyromancer76 says:

        My Dad was a Ford guy, too. I bought a Ford 6 years ago because they were among the best and most reliable. Today our mechanics say don’t buy one; can’t trust them. Thank President Trump for letting us verify where our car and car parts come from. And if they are labeled American-made, that means the entire thing, or a reliable %. Enough bad parts, machining, etc.

        I also remember a reason, Valerie Curren, for foreign vehicles in the Ford parking lot. “Back when” there were too many lemons in American-made cars for too many years. Good, stiff competition is the only way forward for American prosperity in every industry. End crony corporatism. Won’t be easy. It started in the late 19th Century.

        Liked by 1 person

        • All good points…thanks! I think Sundance wrote elsewhere that Ford is going to stop production of all the cars (sedans?) except for the Mustang & focus on trucks & SUVs

          We used to have an Aerostar minivan extended–which we love. Ford doesn’t have a good minivan option for a larger family–we have 4 kids. Dad said that Ford didn’t focus on minivans & the former Ford leader who promoted them went to a competitor, can’t remember which one, so Ford pretty much abandoned that market…

          Like

    • nuthinmuffin says:

      part of it started with the oil crises in the 70’s, when u s manufacturers only built gas guzzling cars. german car manufacturers made huge inroads into the us auto market because they produced efficient diesel and gas models that were suddenly “affordable”, that paved the way for the japanese manufacturers and there you have it

      Like

      • pyromancer76 says:

        Not so simple. Many foreign-made cars were also made better and gave American makers a run for their money. Too many lemons in American cars. Competition can’t be beat. We consumers want good, reliable cars (and trucks) and some that flash and some that can work hard — but make them excellent mechanically for whatever their purpose.

        Like

      • tonyE says:

        In the early/mid 70s, American cars were not necessarily all gas guzzlers, we had the Pinto, Vega, Monza, etc… they were just all generally crappy.

        The Japanese cars were not cheaper, they were simply better engineered and manufactured and much more reliable. But they were small -but with much better internal packaging efficiency. Their better design and lighter weight made them more fuel efficient as well.

        The Germans made inroads because they were sportier and more luxurious and generally much better built than the American competition. Some cars, like the Bimmer 2002, 320i and 630CS simply had no counterpart so they had the market for themselves. But they were expensive and not necessarily more efficient. (Note: the Audis were generally crappy then).

        Today, most “Japanese” cars are made in the US, Canada or Mexico. Including the engines and powertrains. Actually, many “Japanese” cars are more “American” than Fords and Chevys.

        Like

  12. James Carpenter says:

    Perhaps if Mutter Merkel had dealt with the Dons of New York on her way up she’d have understood who she faced in PDJT. As it was though, she only grew up surrounded by the Stasi, a close analogue to some of the seedier elements of the American Democrat Party.

    Liked by 4 people

  13. trapper says:

    “It is doubtful President Trump will actually pull-the-trigger on tariffs for cars”

    While that may be true, I wouldn’t bet against it. PDJT is one tough hombre when it comes to protecting the interests of American citizens. He could just as well make the decision, and announce it in an “up yours” tweet. The automakers know that, and fear it.

    Liked by 4 people

  14. Curt says:

    I find it interesting that President Trump has not only identified horrible trade deals, but is the first PERSON, to do something about it. Past administrations, both Democrat and Republican, have literally sold the American worker down the drain in the name of Globalism. I harken back to the Republican debates when he chastised and criticized the Bushs and other Republicans for horrid past policies. Honestly, I now understand more fully what he was talking about and trying to expose. I feel like these politicians were not only inept, but basically sold the US and its workers out completely. The corruption and deceit in Washington DC knows no bounds…

    Liked by 9 people

  15. TreeClimber says:

    Someone poke me when they bring another plant to Charleston… as fast as the others came the jobs were snapped up.

    Liked by 3 people

  16. cthulhu says:

    Our Fair Wilburine….

    Liked by 2 people

  17. Tiffthis says:

    I LOVE Wilburine 😍.

    Liked by 5 people

  18. CharterOakie says:

    Ross Perot, super patriot, I hope you are still hale and healthy enough to enjoy this, sir.

    We had to wait SIX presidential elections and endure three presidents (incompetent, corrupt or both) since you put yourself out to try to save this country from NAFTA, the WTO, etc.

    But now we finally have a president whose shrewdness, toughness and patriotism are equal to the Herculean task of MAGA.

    Thank God.

    Liked by 2 people

  19. thedoc00 says:

    The big one for the sake of his voters is the manner that the drug industry has been allowed by successive administrations and congressional sessions to use the US consumer to subsidize cheap drug prices overseas.

    It would also nice to put US Tech internationals on notice by starting a review of ALL forms of export licenses. I suspect that the actual “theft” of technology is actually legal transfers made under outrageous export licenses the US government has authorized over the past 30+ years.

    Like

  20. litlbit2 says:

    This is off topic, but thanks Sundance. There are no words to express what an uplift I receive in reading your articles. When I add the comments even if in disagreement it is an expierence one can not find anywhere else on the information hyway.

    I’m blessed❤️

    Liked by 7 people

  21. Big Jake says:

    Toyota also builds in San Antonio.

    Like

  22. rayvandune says:

    There is collusion between the US Deep State and the EU. All we need is the names of our traitors.

    Like

  23. roddrepub says:

    Wilbur is one of my faves!

    Like

  24. CountryDoc says:

    I hope POTUS’s little friends are training an army of apprentices. I notice more civic and history lessions in Trump’s speeches — about socialism, and communism. He tweets about books and articles. He is developing a strong following in this country, but even greater worldwide by oppressed nationalists to whom he is giving hope by his nationalist international policies.

    I also believe he is becoming a greater communicator. He’s not as good as Reagan, but he is growing in his oratorical effectiveness.

    Liked by 3 people

  25. Fools Gold says:

    If you ask me the same agreements should have applied to aircraft/military vehicles, all types and versions, especially those used in defense of Americans and those foreign nations we protect with our military…

    Like

    • Luke of the D says:

      Military vehicles should be made 100% on American soil by 100% American companies. The idea that foreign companies – include China our overt enemy – produce military vehicles, parts, or technology is mind-blowingly insane.

      Like

  26. cthulhu says:

    Notice, BTW, that the contents of this report DID NOT LEAK in advance…..because, unlike the entire “intelligence apparatus” of the US, Wilbur Ross has integrity and is competent, and demands that the organization he runs has integrity and is competent.

    Liked by 1 person

  27. Pyrthroes says:

    Not only is Trump’s USMCA a long-overdue regional corrective to “exfiltrating” foreign cartels, but –as all assert– leveraging the U.S. economy against geopolitical opponents is a master-stroke.

    On a mundane commercial level, rapacious global consortia will begin to suffer competition; but in raw power terms, Hsi and Putin must sense handwriting on the wall: Anyone confronting U.S. interests militarily had better have the long-term, entrepreneurial free-market resources to pay the freight, and these two outworn Caudillos don’t.

    As Russia falls back on its extraction industries while China’s blatant parasitic theft perforce winds down, peeling away decades-long “Panda vs. Dragon” [CTH] subterfuge, America’s cheese will once more stand alone. Come 2021 – ’24, with any luck Rats’ festering collectivist/Statist oeuvre will have dug its own grave for a generation.

    Liked by 1 person

    • pyromancer76 says:

      Putin needs to let Pres Trump show him a way out. Russians can change if their leaders wish and if the oligarchs can be handled. No hope for China, however, imo. They have great difficulty using their great intelligences for entrepreneurial activities. Authoritarianism appears to be inbuilt. In the essential (individual-based) entrepreneurial skill and desire for a prosperous future, America leads — if we are not overwhelmed by the envious commies in our midst.

      Like

  28. railer says:

    Trump links up everything. Everything he does is broad and deep. Not even he knows how this is all going to play out, but he engages everything and everybody, and then waits for movement. It’s amazing to watch.

    He’s firm but not overly aggressive. He broadcasts his direction, over and over again, but the timing is what it needs to be based upon events. Only rarely does he make a precipitous choice, as McConnell’s immigration perfidy brought him to, but as McConnell represents likely this country’s deadliest enemy this was to be expected. And it opens up a completely new theater of action, one our enemies may not be comfortable with. McConnell is an enemy and must be confronted, and Trump understands this and does what he must.

    In the main, Trump is a strategic planner and counterpuncher. He shapes the battlefield magnificently and then fights the battle on his terms. Everybody is given an opportunity to move at the speed and pace that best suits them, but he ensures they’ll be moving… or else.

    Liked by 2 people

  29. ATheoK says:

    “empowering President Trump to implement 20 to 25% import auto tariffs industry executives are proactively going bananas”

    A reaction that indicates they were betting on “the resistance”, Chamber of Commerce, or Trump failing to proceed; and that their globalist business as usual practices will be protected.

    Terrific!
    Unlike government politicians, business executives are held responsible for their actions.
    Telling their boards and investors that they ignored Trump’s grace period and will now pay a penalty and lose business until they catch up, will not go over well.
    I expect a number of executives betting against American manufacturing will be retired and/or replaced.

    It’s so sad… Heh heh heh!
    I love that picture of Merkel palming her face!
    She should use both hands and her feet, hard.

    Liked by 2 people

  30. Thank you President, all you doing a Grest job everyday,

    Liked by 1 person

  31. mike diamond says:

    Right on Wilbur ! We stand with you!

    Like

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