...[W]e're gonna have growth in the auto industry like nobody's ever seen —
plants are opening up all over the place, deals are being made — never
seen. That's a combination of the election win and tariffs. It's a
beautiful word, isn't it? That, along with our other policies, will
allow our auto industry to absolutely boom. It's going to boom..." -- economics- illiterate Malignant Fascist in last night's slow- rolling hate- and liefest, (the longest in SOTU history at 1 hour, 39 minutes), telling us that U.S. automakers are thrilled! with his 25% tariffs on Canada and Mexico. The Trump tariffs will, indeed, allow our auto industry to boom ... as in "BOOM! There goes what's left of our auto industry!" (Perhaps he was thinking of co-President Elon Musk's Teslas that actually do go "boom!")
How does the auto industry really feel about those Trump Tariffs?
“Our American automakers, who invested billions in the U.S. to meet these [domestic and regional content] requirements, should not have their competitiveness undermined by tariffs that will raise the cost of building vehicles in the United States and stymie investment in the American workforce, while our competitors from outside of North America benefit from easy access to our home market,” said former Missouri Gov. Matt Blunt, president of AAPC, in a statement Monday night. [snip]
″This isn’t hypothetical,” the trade group’s CEO, John Bozzella, said in a statement. “All automakers will be impacted by these tariffs on Canada and Mexico. Most anticipate the price of some vehicle models will increase — by as much as 25 percent — and the negative impact on vehicle price and vehicle availability will be felt almost immediately.” [snip]
“President Trump has talked a lot about making our U.S. auto industry stronger, bringing more production here, more innovation in the U.S., and if his administration can achieve that, it would be one of ... the most signature accomplishments,” Ford CEO Jim Farley said in February during the Wolfe Research investor conference. “So far what we’re seeing is a lot of cost and a lot of chaos.” (our emphasis)
CNN did some fact- checking as best they could considering the rapid- fire lies and nonsense coming out of the Malignant Fascist's pie hole. Their annotated speech is here.
I keep hearing about El Cheato's declining popularity, and I'm wondering why people are heartened by that. When the Government collapses and It really hit's everyone (except members of congress and the top5%) with food and gas and utilities' going up exponentially, even Trump and the Republican invertebrate's in Congress screaming the word Biden won't help. Then the scribblers in the press will get on board with "In these trying times' can we even think about free and fair elections?" 2026 will come and go. 2028? LOL. We'll already have had the coronation of America's first king. No, these are the good old days.
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