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by vuln 1172 days ago
> Ford also benefits from high import tariffs on foreign built trucks, a tariff basically designed to protect the F-150.

Protect it from GM, Toyota, Rivian whom builds their Trucks in America?

No American truck buyer wants a Mitsubishi or Hyundai truck. Full stop.

1 comments

Rivian didn't exist, and Toyota didn't enter the US market until a year after the tariff and didn't build trucks for the US market then. Sure GM builds trucks too and benefits, but it was basically designed as a giveaway to Ford while keeping VW light trucks out of the US market in retaliation for Germany tariffs on chicken.

> No American truck buyer wants a Mitsubishi or Hyundai truck. Full stop.

Then why maintain a tariff from 1964 designed by the Johnson administration?

> Then why maintain a tariff from 1964 designed by the Johnson administration?

No clue, but seems pretty bipartisan. Maybe “National Security” or whatever excuse .gov comes up with…