Politics

[deewayne2003]

The Chinese are so mad their having Pandas cook Bald Eagles, while listening to 1950's Mao songs!

Seriously though, these two men (One American, the other South African) combined have 25 years of experience living in China and their youtube channel is constantly attacked by Chinese bots for telling the truth about the state of affairs in China.

Very eye opening to see the CCP's propaganda called out and translated.

 

[Tanks]

China, of course. Get the big tariff bucks.

So, you are fine for paying extra for those hats. Once again, the importer pays the tariffs, not the originating country. Then, in most cases it gets passed on the customer.

I was at a Lexus dealer two days ago looking at the RX models with my girlfriend. Prices are already up for those that need to be ordered versus the ones on the lot. The color she wants needs to be ordered and it will be about $7K more than the one on the floor if we go for it. It is a tariff charge, not a color selection charge.

 

[skydiver386]

The Chinese are so mad their having Pandas cook Bald Eagles, while listening to 1950's Mao songs!

Seriously though, these two men (One American, the other South African) combined have 25 years of experience living in China and their youtube channel is constantly attacked by Chinese bots for telling the truth about the state of affairs in China.

Very eye opening to see the CCP's propaganda called out and translated.

Been watching these guys for years. As an old hand in Asia, I'm familiar with the games China plays.

 

[spike.t]

So, you are fine for paying extra for those hats. Once again, the importer pays the tariffs, not the originating country. Then, in most cases it gets passed on the customer.

I was at a Lexus dealer two days ago looking at the RX models with my girlfriend. Prices are already up for those that need to be ordered versus the ones on the lot. The color she wants needs to be ordered and it will be about $7K more than the one on the floor if we go for it. It is a tariff charge, not a color selection charge.

Beat me to it

 

[Red Leg]

So, you are fine for paying extra for those hats. Once again, the importer pays the tariffs, not the originating country. Then, in most cases it gets passed on the customer.

I was at a Lexus dealer two days ago looking at the RX models with my girlfriend. Prices are already up for those that need to be ordered versus the ones on the lot. The color she wants needs to be ordered and it will be about $7K more than the one on the floor if we go for it. It is a tariff charge, not a color selection charge.

The naivety of the Trump loyalist consumer never ceases to both humor and sadden me. From whose pocket do they think all that tariff money is coming?!? The Chinese exporter doesn't pay except in lost business. It is the American consumer who pays it in added product cost.

 

[Brent in Az]

So, you are fine for paying extra for those hats. Once again, the importer pays the tariffs, not the originating country. Then, in most cases it gets passed on the customer.

I was at a Lexus dealer two days ago looking at the RX models with my girlfriend. Prices are already up for those that need to be ordered versus the ones on the lot. The color she wants needs to be ordered and it will be about $7K more than the one on the floor if we go for it. It is a tariff charge, not a color selection charge.

I don't think you caught my trolling comment......but I certainly caught you.....LOL

Buy a car made in America, or wait until all the tariff and trade deals are finalized

 

[Red Leg]

The Russian propagandists at their version of 60 Minutes are always interesting. The host Olga Skabeeva and friends can't believe their good fortune. With respect to our international interests, I can't believe our misfortune.

 

[Brent in Az]

The naivety of the Trump loyalist consumer never ceases to both humor and sadden me. From whose pocket do they think all that tariff money is coming?!? The Chinese exporter doesn't pay except in lost business. It is the American consumer who pays it in added product cost.

We know exactly how tariffs work, we just don't continuously whine about it.

 

[Red Leg]

I don't think you caught my trolling comment......but I certainly caught you.....LOL

Buy a car made in America, or wait until all the tariff and trade deals are finalized

How much of that alternative is "made in America"? A Ford F-150 built at a plant in the US has just 32% American produced content. So, it also will go up in price dramatically. The CEO of Ford recently estimated $4-7K a unit depending upon bells and whistles. All that promised tariff revenue is coming right out of American consumer pockets and will hurt most those hourly wage earners and retirees who can least afford it. Sheer political genius.

How Much Of A Ford F-150 Is Made In America? - SlashGear

Plenty of vehicles aren't made entirely in the U.S. anymore, but for Ford's F-150, you may be surprised to find out the ratio of foreign vs. U.S. manufacturing.

www.slashgear.com

 

[Pondoro]

The Russian propagandists at their version of 60 Minutes are always interesting. The host Olga Skabeeva and friends can't believe their good fortune. With respect to our international interests, I can't believe our misfortune.

So..Trump and his government are willing to hand over all presently occupied territory in Ukraine to Russia.. I have to pinch myself to fathom this..

The aggressor gets it all..who is next..?

 

[deewayne2003]

So, you are fine for paying extra for those hats. Once again, the importer pays the tariffs, not the originating country. Then, in most cases it gets passed on the customer.

I was at a Lexus dealer two days ago looking at the RX models with my girlfriend. Prices are already up for those that need to be ordered versus the ones on the lot. The color she wants needs to be ordered and it will be about $7K more than the one on the floor if we go for it. It is a tariff charge, not a color selection charge.

Sounds like the dealer mark ups of years past......

If you are willing to pay $7k premium for the color she wants, that's certainly your choice. Just like it was the choice of people to trade in perfectly good cars for new ones that were often $10K over MSRP during COVID - Which has now lead repossession rates for 700+ credit scores nearly tripling.

 

[Pondoro]

We have to ask ourself...is article 5 dead..? Let us say Putin launch an attack on one of the baltic states...what will Trump do..? Say its not Americas war..?

 

[deewayne2003]

How much of that alternative is "made in America"? A Ford F-150 built at a plant in the US has just 32% American produced content. So, it also will go up in price dramatically. The CEO of Ford recently estimated $4-7K a unit depending upon bells and whistles. All that promised tariff revenue is coming right out of American consumer pockets and will hurt most those hourly wage earners and retirees who can least afford it. Sheer political genius.

How Much Of A Ford F-150 Is Made In America? - SlashGear

Plenty of vehicles aren't made entirely in the U.S. anymore, but for Ford's F-150, you may be surprised to find out the ratio of foreign vs. U.S. manufacturing.

www.slashgear.com

Toyota Tundra has 60%+ USA content and having driven both, as well as having managed both in large company fleets I can tell you the Tundra is a superior product.

 

[Red Leg]

Toyota Tundra has 60%+ USA content and having driven both, as well as having managed both in large company fleets I can tell you the Tundra is a superior product.

So? It will cost more as well. And because that more applies equally to someone making 70K a year as someone making 700K a year, it represents the most regressive possible revenue plan.

 

[Brent in Az]

How much of that alternative is "made in America"? A Ford F-150 built at a plant in the US has just 32% American produced content. So, it also will go up in price dramatically. The CEO of Ford recently estimated $4-7K a unit depending upon bells and whistles. All that promised tariff revenue is coming right out of American consumer pockets and will hurt most those hourly wage earners and retirees who can least afford it. Sheer political genius.

How Much Of A Ford F-150 Is Made In America? - SlashGear

Plenty of vehicles aren't made entirely in the U.S. anymore, but for Ford's F-150, you may be surprised to find out the ratio of foreign vs. U.S. manufacturing.

www.slashgear.com

Like I said......wait until the trade wars are over.
The real political genius in all of this, is balancing tariffs and trade that have been lopsided for decades.
Countries like China that are balking the most, have the most to lose.

 

[Brent in Az]

Sounds like the dealer mark ups of years past......

If you are willing to pay $7k premium for the color she wants, that's certainly your choice. Just like it was the choice of people to trade in perfectly good cars for new ones that were often $10K over MSRP during COVID - Which has now lead repossession rates for 700+ credit scores nearly tripling.

And all the dealership games and price gouging has come back to haunt them. Deservedly so.

 

[deewayne2003]

So? It will cost more as well. And because that more applies equally to someone making 70K a year as someone making 700K a year, it represents the most regressive possible revenue plan.

You are correct, the Tundra will cost more but will also last longer as well and with fewer maintenance issues. As someone that is much closer to the 70K mark than the 700K; I honestly believe that many of the financial pitfalls can be avoided by shedding the consumerism mindset of needing a new car every couple of years.

People equal to and vastly above my income bracket often ask me how I afford to hunt and travel as I do, the answer is simple - I buy used, pay off early and follow the factory recommended service schedule and keep driving for extended periods.

This flies in the face of the average 100K earner who wears a Rolex and drives a new King Ranch Ford every 2 years; these are the same people who can't fathom dropping $15k on a hunt but have an $8k year deer lease that's 5 hours drive from home and that requires them to feed corn and protein year round.

When it comes to cars, keeping up with the Jones' holds many Americans back from building wealth.

 

[Red Leg]

You are correct, the Tundra will cost more but will also last longer as well and with fewer maintenance issues. As someone that is much closer to the 70K mark than the 700K; I honestly believe that many of the financial pitfalls can be avoided by shedding the consumerism mindset of needing a new car every couple of years.

People equal to and vastly above my income bracket often ask me how I afford to hunt and travel as I do, the answer is simple - I buy used, pay off early and follow the factory recommended service schedule and keep driving for extended periods.

This flies in the face of the average 100K earner who wears a Rolex and drives a new King Ranch Ford every 2 years; these are the same people who can't fathom dropping $15k on a hunt but have an $8k year deer lease that's 5 hours drive from home and that requires them to feed corn and protein year round.

When it comes to cars, keeping up with the Jones' holds many Americans back from building wealth.

I would not argue with any of that.

 

[PrechtlM98]

We have to ask ourself...is article 5 dead..? Let us say Putin launch an attack on one of the baltic states...what will Trump do..? Say its not Americas war..?

Maybe someone has to tell Trump and Putin what happend 1867 with Alaska... ;-)

 

[LivingTheDream]

So? It will cost more as well. And because that more applies equally to someone making 70K a year as someone making 700K a year, it represents the most regressive possible revenue plan.

It is a bit regressive, you could also say it is fair since both the 70k and 700k person are paying the same amount. But it is also consumption based tax rather than production based tax, which to me is a step in the right direction. Will be interesting to see how this impacts the used car market (in this example).