Some Trump Voters Already Regret Their Decision Amid Concerns Over Tariffs, Job Cuts, and Rising Cost

[soandso]

138. I don't believe the article

It's WAAAAAY to soon for buyers remorse, which may or may not happen. He's making shit up to push a neoliberal (basically British and Libertarian) economic agenda, imo. How do we know who may have searched "what tariffs do"? Those could be Democrats searching that and there's no way to know. A quick search turned up why those auto manufacturers are doing layoffs and it's not what Meidas Touch claims:

About 1,100 workers at Stellantis' (STLA) Jeep factory in Ohio are facing layoffs as the plant will go from two daily shifts to one as early as January. The move is part of Stellantis' (STLA) efforts to reduce bloated inventory across its U.S. dealerships.

"These are difficult actions to take, but they are necessary to enable the company to regain its competitive edge and eventually return production to prior levels," Stellantis (STLA) said.

Meanwhile, Nissan (OTCPK:NSANY) will cut 9,000 jobs globally and reduce its production capacity by 20% as it eyes lowering costs by around $2.63B. The Japanese automaker also slashed its outlook and will reduce up to 10% its stake in Mitsubishi Motors (OTCPK:MMTOF) to "increase the flexibility" of its financials.

https://www.msn.com/en-us/money/companies/auto-layoffs-stellantis-nissan-to-cut-jobs-amid-weak-sales/ar-AA1tJlvA

The automaker behind brands including Jeep (STLA
-4.11%), Chrysler, and Dodge slashed its full-year financial expectations on Monday, as CEO Carlos Tavares looks to fix the company’s so-called “disaster” in North America.

Stellantis cited performance issues in the market as well as “deterioration” in the global automotive industry, pointing to the rising threat of Chinese automakers and a growing supply of vehicles. Rivals such as BMW, Mercedes-Benz, and Volkswagen, as well as luxury carmaker Aston Martin, have all lowered their guidance in recent weeks, citing similar reasons.

The Netherlands-based automaker has pushed up its timeline to lower U.S. dealer inventory to about 330,000 units to the end of 2024, from the first quarter of 2025. To do so, it will cut shipments to North American over the second half of 2024 by more than 200,000 units compared to a year earlier, doubling its prior guidance.

Stellantis’ performance in North America has been rough in recent months, plagued by big recalls, stagnating sales, plummeting profits, and quality issues. That’s in addition to the departure of several executives and bold offers to buy back at least one of the automaker’s brands. Dealerships earlier this month wrote to Tavares about the “rapid degradation” of Stellantis brands caused by “short-term decision making” that hit market share.

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https://qz.com/stellantis-jeep-chrysler-sales-2024-guidance-stock-1851660561

I don't have a very strong opinion on the issue of tariffs because I don't know where they would be applied. Could they raise prices? Of course, but so do union wages and we accept that because we want people well paid and the country to prosper. If a tariff is applied on goods we don't much much need and already produce, it's protectionist and if it's what you laid out, it's to move jobs back here. You don't want tariffs on something you desperately need and don't make at home. It's a case by case thing. Personally, it horrifies me that we are dependent on foreign countries for essential things like antibiotics. I remember our manufacturing base getting hollowed out and saying to my husband how ludicrous it was that people were cheering as their 401Ks went up while those jobs went overseas. That's cheering your own demise on the race to the bottom.