OT: Trump officials weigh 25 percent tax on imported cars
05-26-2018, 10:55 PM
#1
Three Wheelin'
Thread Starter
OT: Trump officials weigh 25 percent tax on imported cars
https://www.washingtonpost.com/business/economy/trump-officials-weigh-25-percent-tax-on-imported-cars-in-a-bid-to-force-concessions-in-nafta-trade-talks/2018/05/23/76e72172-5eca-11e8-b2b8-08a538d9dbd6_story.html?noredirect=on&utm_term=.7b88752c7643
I understand there has already been a discussion on this but just saw another news on it.
If this passes, does that mean I will have to pay 25% ADM on my incoming GT3 on Nov?
O god.....
I understand there has already been a discussion on this but just saw another news on it.
If this passes, does that mean I will have to pay 25% ADM on my incoming GT3 on Nov?
O god.....
05-26-2018, 11:26 PM
#2
Three Wheelin'
Thread Starter
Calm down and leave the politics out of Renn.
It's Washington Post, most liberal paper (well NY Times is neck an neck) on the planet and anything they can pin on Trump they will.
It's called negotiation...something prior administrations had no clue had to do.
Take a chill pill and enjoy your GT3--there will be no 25% tax.
It's Washington Post, most liberal paper (well NY Times is neck an neck) on the planet and anything they can pin on Trump they will.
It's called negotiation...something prior administrations had no clue had to do.
Take a chill pill and enjoy your GT3--there will be no 25% tax.
05-26-2018, 11:43 PM
#4
Rennlist Member
As it should. If the tax is imposed on sport cars I’ll cancel my order. Fortunately, Trump reverses himself as often as he lies. So the Texan Trumpite May have a point. Unless Fox News instructs him to do otherwise.
05-26-2018, 11:45 PM
#5
Burning Brakes
warning from the moderator in 3,2,1...
05-26-2018, 11:47 PM
#6
Race Director
Originally Posted by AA68
Calm down.
It will be fine. Rest easy and enjoy the Hamptons...
It will be fine. Rest easy and enjoy the Hamptons...
Lol. Now if extended leather were to be discontinued, there would be mass demonstrations at PCNA.
05-26-2018, 11:47 PM
#7
Burning Brakes
Calm down and leave the politics out of Renn.
It's Washington Post, most liberal paper (well NY Times is neck an neck) on the planet and anything they can pin on Trump they will. Fake news.
It's called negotiation...something prior administrations had no clue had to do.
Take a chill pill and enjoy your GT3--there will be no 25% tax.
It's Washington Post, most liberal paper (well NY Times is neck an neck) on the planet and anything they can pin on Trump they will. Fake news.
It's called negotiation...something prior administrations had no clue had to do.
Take a chill pill and enjoy your GT3--there will be no 25% tax.
Trending Topics
05-26-2018, 11:50 PM
#8
Three Wheelin'
Thread Starter
I heard that trump might pass the law before midterm election (Nov 7th 2018). Worst comes to worst, will this affect people taking delivery of the car in CY 2018?
05-27-2018, 09:17 AM
#10
Burning Brakes
Well if you guys pay 25%, ROW won't feel so ripped off already 20-30% tax on cars.. 
.. Welcome to the club. Thing is, more generally, I think we will see increasing tariffs, taxes and anything else being put on personal vehicles. And to reference another recent topic, there is a younger generation coming along that doesn't car that much if cars are taxed more or not as they aren't that fussed about them...
.. Welcome to the club. Thing is, more generally, I think we will see increasing tariffs, taxes and anything else being put on personal vehicles. And to reference another recent topic, there is a younger generation coming along that doesn't car that much if cars are taxed more or not as they aren't that fussed about them...
05-27-2018, 09:25 AM
#11
Rennlist Member
Does anybody remember the luxury boat/yacht tax that was supposed to bring in so much money? There were a lot of boat builders around here when that happened. Most of them went belly up.
05-27-2018, 10:53 AM
#12
05-27-2018, 11:13 AM
#13
Drifting
25% exists already on all steel imported; 10% on all aluminum. besides a couple of exempt countries: Can, Mex, EU, Braz, Korea
This will have a bigger impact on economy than a proposed car tax. Bottom line, is a potential trade war and already an unnecessary increase on manufacturing products made w/ the aforementioned raw materials.
This will have a bigger impact on economy than a proposed car tax. Bottom line, is a potential trade war and already an unnecessary increase on manufacturing products made w/ the aforementioned raw materials.
05-27-2018, 11:20 AM
#14
Three Wheelin'
Thread Starter
Ok. I'm Canadian living in US. So not really familiar with how politics work in US.
But main question:
1) Can trump impose tariff on cars without agreement from senates (or sth)
2) Can it take effect immediately?
3) Will it affect my Nov 30th car delivery ????? (Most important question
)
But main question:
1) Can trump impose tariff on cars without agreement from senates (or sth)
2) Can it take effect immediately?
3) Will it affect my Nov 30th car delivery ????? (Most important question
)
05-27-2018, 11:25 AM
#15
Rennlist Member
Calm down and leave the politics out of Renn.
It's Washington Post, most liberal paper (well NY Times is neck an neck) on the planet and anything they can pin on Trump they will. Fake news.
It's called negotiation...something prior administrations had no clue had to do.
Take a chill pill and enjoy your GT3--there will be no 25% tax.
It's Washington Post, most liberal paper (well NY Times is neck an neck) on the planet and anything they can pin on Trump they will. Fake news.
It's called negotiation...something prior administrations had no clue had to do.
Take a chill pill and enjoy your GT3--there will be no 25% tax.