there were no tariffs in either direction and so it came down to consumer choice
You must be sure to make your statement.Germany, for one, was charging a 10% tariff, and America was charging 2.5 %. There is no blind like one who refuses to see
statement.Germany, for one, was charging a 10% tariff
Despite all this, American cars in Europe were quite cheap, although more expensive than all cars, including imports, in the USA. Now that will change for Americans. The car will become a luxury.
The market says otherwise Joker - 40 percent of cars bought in the US are imported.
Tarrifs will change that 40 percent to 4 percent after Japs and Koreans move their factories here.
There...I solved it for you.
You can enjoy Euro crap cars all you want. Since Euros will ship fewer of them to us, their prices should go down in Europe...You know...supply and demand...
So you should like Trump's tariffs just as much as we do.
Since Euros will ship fewer of them to us, their prices should go down in Europe...You know...supply and demand...
Cars in Europe have historically been more expensive than in the United States simply because Europeans were willing to pay more for them than Americans. They will probably remain just as expensive, while the Americans will raise prices in their own market.
Trading, by definiion, cannot produce deficit. A potato exchanged for a banana is a trade. Zero deficit. Zero surplus.
A potato for a dollar is purchase, not a trade. I eat the potato so it's gone and you still have that dollar and can buy a farm. Unsustainable disaster in slow motion...
As far as American cars being crap...tough shlt...I may not like what I cook myself but I can spend only so much eating out or I will go broke.
I regularly have to drive 500-600 km at a time, no electric car is an option. To think that my car with a microscopically small 42-litre fuel tank covers these distances without refuelling on the way and still has fuel left in the tank for about 200 km.
Apart from the driver, there are only 3 seats, and the ones in the back are only suitable for children. No, this car is not suitable for people smuggling.
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