Summary
A new WalletHub poll reveals that 74% of Americans believe Donald Trump’s proposed tariffs will worsen inflation, which remains a major concern for most households.
Trump’s plan includes significant tariffs—up to 60% on Chinese goods and 20% on other imports—to protect American jobs and address issues like fentanyl production and border security.
Experts warn these tariffs could increase consumer prices, with middle-income families potentially losing $2,500 annually.
Analysts caution Trump’s plans may face political hurdles in Congress despite his economic-focused campaign promises.
The American car manufacturers moved their production to Mexico, meaning they’ll rise the prices on them due to the tariffs. And from what I read somewhere (and I can be completely wrong), the only car manufacturer that produces the car in America is one of the Japanese ones (
Hyundao, Toyota etc). Still funny to think that “Japanese” cars are made in America, and “American” cars are made in Mexico 😂Edit: i got no clue about cars
Hyundai is Korean.
Goes to show how much I know about cars 😂
You are not to blame, you are just a product of the american education system.
Lol. Born and raised in Norway, I just don’t have an interest for cars.
Tesla has two factories in the US.
Very true! Forgot about them (and I have a Tesla 🤣🤣🤣 obligatory fuck musk). I think my mind was on ICE cars only.
Right there with you. Mine is 5 years old with about 110k miles. Hopefully in 5 years there will be a compelling car that I like. But it could be an RV. I know a guy that electrifies RAM vans with Tesla battery, drive train, computer etc. No supercharging but can DCFC at EA, etc.
NAFTA. Or “the great big sucking sound” spoken of by H Ross Perot, the rich guy that owned EDS.