European Convertibles Could Be The First Casualty If Import Tariffs Go Into Effect

In the years before he became president of the United States, Donald Trump owned luxury German cars. Now, pricey European convertibles are among the vehicles that could become rare on American roads if Trump’s proposal to slap tariffs on imported cars takes effect.

On Friday, Trump threatened to impose a 20 percent import tariff on all European Union-assembled vehicles, a move that could upend the industry’s current business model for selling cars in the United States.

“The tariffs, if they materialize, would call into question the business case for many niche models we currently sell in the United States,” a senior executive at one carmaker told Reuters on Friday. “Convertibles are a particular headache. With Brexit and U.S. tariffs, this market could shrink further.”

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carloslassiter - 6/25/2018 10:48:05 AM

-6 Boost

Great. Lets all drive K-Cars and MAGA.

rlbdcky - 6/25/2018 12:13:49 PM

-10 Boost

Exactly. Autospies will be reduced to telling us all about all the cars Americans can no longer buy. Now that's Freedom™ . Thanks Obama! LOL.

CANADIANCOMMENTS - 6/25/2018 1:00:12 PM

-3 Boost

Anyone who thinks there are no US tariffs on incoming goods need to educate themselves. Step out of the MAGA bubble and crack a book or read a web article about global trade.

CANADIANCOMMENTS - 6/25/2018 5:57:37 PM

-5 Boost

I find on this site that that those with the loudest voices always know the least about what they are posting about. A shame really. The arrogant Ugly American stereotype is alive and well in Trump's America and we all get a daily reminder of it on Autospies. I have traveled and done business in the USA, and I had always thought it was a myth. I stand corrected. But when I am on this website I am also reminded of the passing and expulsion of BobM. We are all here at the pleasure of the Spies. Keep pushing your luck @joneshamliton and see where you and the rest of your MAGA cohort end up. Those who do not offer any value to the discussion beyond conflict will continue to be escorted out. Tick Tock...

zlives - 6/25/2018 7:33:34 PM

-7 Boost

please don;t be trolled by russian bots

mre30 - 6/25/2018 11:51:48 AM

+11 Boost

So I guess the BMW 8-Series will be cancelled too?

All 90 people who wanted one will have to buy a Mercedes instead

GeorgeD - 6/25/2018 1:00:51 PM

+2 Boost

Good !! No more customers walking into the showroom asking where are the 4-Door Convertibles.

TheSteve - 6/25/2018 3:05:27 PM

-7 Boost

The oddest aspect of all this, as it unfolds, is that Trump Devotees will never see the causal relationship between the negative outcomes brought about by this administration, and the decisions made by this administration.

Once you embrace the "Trump Is Lord" belief, then every problem *must* be someone else's fault -- Obama, Hillary, Canada, EU, the Chinese who created the "climate change hoax", anti-business Liberals, Enviro-Nazis, Free Trade agreements, The Democrats, the gays, Mueller's "Witch Hunt," the "Deep State", the "Fake News", etc., etc. It's gotta be someone else!

The MAGA* Mantra:
1. I'm right
2. If I'm wrong, see #1

____
*MAGA: Manipulating Angry Gullible Americans

CANADIANCOMMENTS - 6/25/2018 8:36:04 PM

-8 Boost

@TheSteve. Sad but true. From what I have read there could be a credible GOP challenger in 2020 all the way to a "New" Republican Party for those who still believe in free trade, foreign relations, American democracy, immigration, balanced budgets, a big tent for all, small government and small "c" conservativism. Time will tell.

xjug1987a - 6/27/2018 12:32:04 PM

+3 Boost

Hey CanadianKook - you enjoy the protection we provide then complain when we want fair trade? Perhaps your little man PM needs a hug? I think we should send your twit of a PM a bill for our protection. You're simply a lazy, coddled socialist. Enjoy your meth...

PUGPROUD - 6/25/2018 3:33:04 PM

+8 Boost

All this is is hot air and posturing until a deal is struck.

KoruKinshi - 6/25/2018 5:38:08 PM

-6 Boost

Actually, the first casualty was Harley-Davidson.

Vette71 - 6/25/2018 7:53:33 PM

+11 Boost

H-D had already announced the closing on one it's USA plants weeks ago, as the US market shrinks and planned on an off shore factory.

hangtime010 - 6/26/2018 9:48:43 AM

-6 Boost

CANADIANCOMMENTS: remember, Trump LOVES the Uneducated. Case in point:
"I always chuckle when dumbass Canadians comment."

Although, I'm sure DT will now deny ever saying that and insist it is "fake news".