100% American Made Car
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Have not. Got a link? Is this soeech from a military base? (I assume they couldn’t find any Greenlander to actually host them)
@xenon said in 100% American Made Car:
Have not. Got a link? Is this soeech from a military base? (I assume they couldn’t find any Greenlander to actually host them)
Here’s a link by Timothy Snyder who, although overall correct in his assessment, will not go over well with a few posters here:
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'A lot of costs, and a lot of chaos' - Ford CEO Jim Farley
Asked if production could be moved back to the United States, as Trump has suggested will happen, the executive said there are many challenges with that approach.
“If you’ve ever done a home renovation, you know that anything is feasible if you put enough money behind it, right? But economically feasible is a different question,” said the executive. “It takes time, particularly since we are close to capacity in most facilities still coming out of the supply chain crunch. So you’re talking investing in new physical capacity in the US, which has a very long lead time.”
But even if the tariffs stay in place throughout Trump’s term, and they’re not part of a negotiating strategy to change the USMCA North American free trade agreement, automakers say it is difficult to build plants based on one administration’s tariff policy.
“It’s three years at best for brand new automotive capacity that could potentially span into a new administration, where the rules could change,” said the executive. “So just by the time that capacity was coming online, you might find that was no longer your optimal footprint.”
And automakers are still unsure which tariffs are permanent, and which are simply a “negotiating tactic,” former Ford CEO Mark Fields said in an interview with CNBC.
“Most boards are going to wait for the smoke to clear,” Fields said.
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Yes one of the few facts on the ground with Trump's tariff insanity remains that he does not have the runway for any best case tariff scenario to actually play out. He will spend all his political capital as the plane hurtles down that runway, and it will never take off, because a different administration will be voted in, mostly on a no-tariff platform, which will suddenly become the greatest political messaging since no boys in girls sports.