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my2cents
Discussion » Questions » Finance » Did you fall for Biden's fake tariffs?

Did you fall for Biden's fake tariffs?


None of China's EVs will be made in China. They are going to make them in Mexico so the tariff is BS. 

Posted - May 15, 2024

Responses


  • 4047
    If that's the case, then the U.S. can raise tariffs on EVs made in Mexico.  
      May 15, 2024 8:51 AM MDT
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  • 34729
    Will need to renegotiate the USMCA trade agreement to do that....
      May 15, 2024 10:01 AM MDT
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  • 4047
    Then that's what he'll do. 
      May 15, 2024 11:16 AM MDT
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  • 34729
    He has not talked about renegotiating it at all.   
      May 15, 2024 12:06 PM MDT
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  • 11298
    The  USMCA is a six year agreement. So, in 2026 it can be renegotiated or terminated. There will be on-going talks between now and 2026.
      May 15, 2024 5:24 PM MDT
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  • 34729
    Thank God,  Trump will we back in office then.  We don't need Biden negotiating anything. 
      May 15, 2024 7:40 PM MDT
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  • 11298
    China is currently manufacturing EV's in China. It makes sense to impose the tariff on those vehicles. They have said they are scouting locations in Mexico to possibly build a manufacturing plant in Mexico. It won't happen overnight. 
      May 15, 2024 5:31 PM MDT
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