25% tariff on ALL imported autos announced

[TRD_GUY]

Every economic

OK then, tariffs are not so bad............ I'll tell that to the farmers that lost their family farms back in his first term and the ones that are going to lose them now. Or should we just move Toyotas new billion dollar plant to North Carolina so we don't pay a tariff for our new 4Runners?
Please enlighten me as to where you chart came from and your thinking on this.

I'll read your reply later tonight.

Cheers

How many family farms are you citing? Do you understand the nature of trade imbalances and the impact on countries or too young?

You likely feel good about getting your Amazon package delivered the next day even though the product and labor came from China. Now let me ask a question. When your kid no longer has a job because Apple (or insert company) makes their product in Asia and all the jobs have shifted oversees, what do you tell him...."That's just the American way, son"?

 

[Memory Lane]

LOL, I close on a Land Cruiser Premium on Wednesday. Hoping I dont lose my deposit on the TRD Pro that is still in Tahara waiting for the boat.

toyota announced today that they are not increasing prices on their vehicles as a result of the tariffs.

https://www.reuters.com/business/au...ain-operations-despite-us-tariffs-2025-03-31/

 

[BurkeAK]

toyota announced today that they are not increasing prices on their vehicles as a result of the tariffs.

https://www.reuters.com/business/au...ain-operations-despite-us-tariffs-2025-03-31/

wow thank you for linking this! This is actually great news, and I hope dealers don’t markup to adjust for the market. I have an order coming in soon, currently scheduled to enter port in a few days. i’m hoping i don’t lose a deposit over tariffs and can actually take delivery.

 

[Memory Lane]

wow thank you for linking this! This is actually great news, and I hope dealers don’t markup to adjust for the market. I have an order coming in soon, currently scheduled to enter port in a few days. i’m hoping i don’t lose a deposit over tariffs and can actually take delivery.

mine is on the boat now and expected at the port in less than 3 weeks. Fingers crossed!!

 

[TRD_GUY]

toyota announced today that they are not increasing prices on their vehicles as a result of the tariffs.

https://www.reuters.com/business/au...ain-operations-despite-us-tariffs-2025-03-31/

Guess they aren't as crossed-up as Canada and realize the value of the US market. Good for them!

 

[Hacksaw]

toyota announced today that they are not increasing prices on their vehicles as a result of the tariffs.

https://www.reuters.com/business/au...ain-operations-despite-us-tariffs-2025-03-31/

I don't think anyone was expecting Toyota to raise the price of their vehicles. The issue is the amount that US dealers pay (finance) Toyota after arrival in the US and including tariffs. At best, the article implies that Toyota will subsidize the tariff on behalf of its US dealers (not clear if that includes SET and GST since they are different than the dealer networks in the rest of the US regions), but they almost certainly cannot do that forever. Nobody yet knows how the amount of tariff per vehicle will be calculated. Possibly more info will be provided tomorrow.

 

[TRD_GUY]

I don't think anyone was expecting Toyota to raise the price of their vehicles. The issue is the amount that US dealers pay (finance) Toyota after arrival in the US and including tariffs. At best, the article implies that Toyota will subsidize the tariff on behalf of its US dealers (not clear if that includes SET and GST since they are different than the dealer networks in the rest of the US regions), but they almost certainly cannot do that forever. Nobody yet knows how the amount of tariff per vehicle will be calculated. Possibly more info will be provided tomorrow.

It's 25% per vehicle.

 

[Hacksaw]

It's 25% per vehicle.

25% of what is the question.

 

[TRD_GUY]

25% of what is the question.

Eh? MSRP

 

[Hacksaw]

Eh? MSRP

I think you don't comprehend how complicated that question actually is for most vehicles. 25% of MSRP may be the case for any vehicle with zero US-manufactured parts and/or assembly locations of sub-assemblies.

 

[TRD_GUY]

I think you don't comprehend how complicated that question actually is for most vehicles. 25% of MSRP may be the case for any vehicle with zero US-manufactured parts and/or assembly locations of sub-assemblies.

4-Runner is 100% made in Japan. I can assure you. I don't think you'll find a single US part on it.

 

[Memory Lane]

Bottom line, it doesn’t really matter how the tariff is calculated or how much it ends up being. I’m not buying my TRD Pro if there is a tariff applied.

 

[Gator 22]

How many family farms are you citing? Do you understand the nature of trade imbalances and the impact on countries or too young?

You likely feel good about getting your Amazon package delivered the next day even though the product and labor came from China. Now let me ask a question. When your kid no longer has a job because Apple (or insert company) makes their product in Asia and all the jobs have shifted oversees, what do you tell him...."That's just the American way, son"?

First I ask again where you got your chart from. I have listed every source I have cited. Secondly you have no idea how I feel about an Amazon package or my very successful children. Again using the proverbial chainsaw when a scalpel with a plan is needed.

In 2019 in Wisconsin alone 818 dairy farmers went under, 595 Family farms went under and all of this was with Trump pumping in 14 Billion dollars to farmers in 2018 and 2019. There is a lot of controversy about that program too with the lions share of money going to large corporate farms that eat up family farms. Kind of like that magical 1.9 trillion dollar tax reform he did in 2017 that the lions share went to the rich and large corporations. Compounding our debt way into the future all the while saying he was going to knock out our debt. Now we are looking at 6 trillion tax cut again again to the wealthy that again is being sold as for the working man. Tariffs and tax reform for the rich are not the solution to our problems and crippling debt.

John Newton, chief economist at the American Farm Bureau Federation, Sept. 22, 2020

Forbes, U.S. Farm Bankruptcies Reach Eight-Year High [Infographic], Feb. 10, 2020

PolitiFact Wisconsin, Dems exaggerate in slamming Trump farm bailouts as "handout for large agricultural companies,"

Brookings Institute, More pain than gain: How the US-China trade war hurt America, Aug. 7, 2020

National Bureau of Economic Research, Who's Paying for the US Tariffs? A Longer-Term Perspective, January 2020

American Farm Bureau Federation, Farm Bankruptcies Slow, More Aid Needed, Aug. 4, 2020

 

[4RunnerWasStolen!]

"While closely monitoring developments from U.S. authorities including tariffs, we'll continue to work on reducing fixed costs and maintain our current operations for the time being," a Toyota spokesperson said in a statement.

It doesn’t sound to me like they ruled out raising prices. Reuters said:

“Toyota will keep running its operations as it has been and focus on bringing down fixed costs, it said on Monday, not expressing any intention to raise vehicle prices in response to U.S. President Donald Trump's tariffs.”

There may be better Japanese language reporting on the topic.