avatar_Admin11

Tariffs will hurt consumers more than they expect.

Started by Admin11, Mar 08, 2025, 08:25 PM

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Admin11

The tariffs are on all imports for cars and parts from the specific Countries as at whim decided by the President.
Even American made cars will increase, since many parts of a car are imported from countries on the Tariff applied list.
Less people will buy a new car and delay purchases, therefore Car plants will reduce capacity, with less sales, then reduce employees, and it will create a vicious circle, hitting the economy for all consumers.
Parts needed for repairs will become more difficult to find, therefore will also increase in price.

Unless you are a Billionaire of the inner circle, then you don't care.