Economy
Related: About this forumTrump Secretly Planned 35% Tariffs On Foreign SUVs
July 8, 2021
Bloomberg News reports:
The U.S. Commerce Department released a report this week on proposed auto tariffs that the Trump administration refused to make public. The agency, under former President Donald Trump, kept the 2019 document private and was sued for holding back the information. The DOJ in January 2020 said the White House could use executive privilege to decline its release.
The report, released late Tuesday, outlines Trumps intention to charge tariffs on vehicle and auto-parts imports because they were deemed a national security threat. Lawmakers at the time, including GOP Sen. Pat Toomey, pressed for the studys release saying the justification was unfounded. A quick glance confirms what we expected: The justification for these tariffs was so entirely unfounded that even the authors were too embarrassed to let it see the light of day, Toomey said.
Read the full article. At the second link above youll find that Trumps Commerce Department proposed a 35% tariff on foreign SUVs to stimulate domestic production.
GOP senator scoffs at Trump auto-tariff report as secrecy ends
Link to tweet
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tanyev
(42,521 posts)providing many jobs in this country. Of course Donny doesn't really care about that. He just likes to have yet another punitive action to brag about at his rallies and in front of cameras.
mahatmakanejeeves
(57,311 posts)Don't reply, or you'll break the spell.
tanyev
(42,521 posts)Alas, the spell cannot last forever.
JustAnotherGen
(31,781 posts)I have faith in Yellen and Tai to set things right.
The lawsuit at the Trade Court will move them.
Mufflers, cat 5/6 cables, and plastic led screen covers are not national security risks.
doc03
(35,296 posts)CRV and mine happens to be assembled in Canada. They also assemble them in Ohio and Indiana. I have a 2006 Toyota Tacoma it was assembled in Freemont California. Also at the the time the Tacoma had more domestic content than any other pick up. I guess it would sound good to someone that worked in the GM Lordstown plant.