Originally Posted by Sunset Poet
Another thing I wonder about...
Tata makes these cars. Indian.
They make them in UK, India, Brazil...
How are the tariffs gonna work on these?
Per India? UK? Brazil?

Marty, keep wondering. If the Tata car is not sold in the US, Tata doesn't care about our tariffs. These tariffs are paid by Americans when they buy cars built outside of the US - when cars or parts are imported into the US. I read somewhere that the Boing planes have parts from over 70 different countries. Calculating the tariffs on planes will be a lot of fun. That's going to create a bunch of new jobs. We can hire all the government people Musk just fired. They will become our tariff police.

Marty, you make it sound like foreign countries will be paying these tariffs. That's not true. When your wife buys another Mercedes it will be Mercedes paying the tariff, not Germany. In the end your wife will pay for it because the Mercedes car will be more expensive. I find it hard to imagine that these 100,000s of foreign companies will all call Trump while he's playing golf and find some kind of "fair" solution within a month or two. The guy has other things to do than negotiate with every company individually. Jaguar/Range Rover is a good example. Trump's tariff numbers are way too high to beginn with. They don't think they'll find a solution so they just decide not to sell to Americans. Al lot of Jaguar employees will lose their jobs. The big question is, which foreign companies will do the same.

I saw a Navarro interview today. Peter says within just a few weeks we will have thousands of new manufacturing jobs in the US. Companies like Nike would need years to build new plants in the US and I ask you where do these 1000s of people come from? We are deporting all of them now. Americans won't work at the same salary level as people in Vietnam. If these tariffs create jobs, they will be mainly for robots. Marty, keep on wondering.