r/Futurology • u/nimicdoareu • Feb 03 '25

Economics Automakers brace for 'massive' impact of US Administration's tariffs

https://www.theverge.com/news/604870/auto-industry-tariff-trump-canada-mexico-price-ev
7.6k Upvotes

97% Upvoted

469 comments sorted by

View all comments

1.6k

u/niberungvalesti Feb 03 '25

Only a Republican President could institute a straight tax increase on Americans within two weeks in office.

706

u/Taftimus Feb 03 '25

And his followers that do nothing but bemoan taxes have absolutely nothing to say about it.

225

u/HorseNspaghettiPizza Feb 03 '25

The latest thing they are saying is they dont care about whiskey and avocados

177

u/sap91 Feb 03 '25

In what world do they not care about whiskey

123

u/light_trick Feb 03 '25

Mark My Words: we're about 4 weeks away from a surprise increase in methanol poisoning incidents.

114

u/Elden_Cock_Ring Feb 03 '25

You will not hear about it because all the agencies that would alert you to such events will be shut.

13

u/NotSoSalty Feb 03 '25

You overestimate the intelligence of shitty moonshiners. They will need to suffer before they start to produce their subpar brew.

1

u/saysthingsbackwards Feb 03 '25

ayo i respect your opinion but you really are making homebrew out to be something that doesn't take like 5 dollars and 3 days to make a gallon of 10% lol

1

u/NotSoSalty Feb 08 '25

It's really easy to fuck up if you don't know what you're doing, that's what I'm saying. It can literally make someone blind or kill them. I do agree that it is, in fact, really easy to make alcohol. It ain't an opinion, what you said, or me, they're both true.

As for what I was saying originally, I meant the timing of production.

1

u/saysthingsbackwards Feb 08 '25

That's distillation. Brewing itself is a simple set of instructions

2

u/[deleted] Feb 03 '25

I won’t be sad

9

u/[deleted] Feb 03 '25

lmao, wait till trump starts pushing his brand of gun control again.

6

u/ahistroyofdrunks Feb 03 '25

They are mostly into American whisky for the most part bourbon. WhG they don't realize is distilleries are going to raise prices along with their competition just because. If every bottle goes up 10-25$ then they will match the standard and have a greater profit margin.

45

u/Nazamroth Feb 03 '25

Straight up there with our "I dont care about the Euro exchange rate, I dont buy anything in Euros" morons.

9

u/BigSwagPoliwag Feb 03 '25

So what if the “yuan” takes over the global currency, “USD” isn’t the only thing that makes the “USA” an economic superpower, MAGAMAGAMAGA!

Narrator: “It was, in fact, the only thing.”

1

u/Icy_Comfort8161 Feb 03 '25

Have you seen the price of gold making new all-time highs? This is because gold is seen as a safe haven asset. Every time Trump does something stupid that creates chaos, feeds inflation, or threatens to destabilize the world order, the price of gold goes up. Owning gold is like going long on Trump's stupidity. It won't make the world any better, but at least you'll have some assets as the ashes smolder around you.

16

u/ZyglroxOfficial Feb 03 '25

I saw a comment that was something like "I'm not pretentious enough to eat avocado toast anyway"

Imagine limiting what you will and won't eat based on your view of other people

9

u/BigSwagPoliwag Feb 03 '25

Insecurity would prompt that.

Just like insecurity would prompt you to finance a mammoth of an $80k truck on a $35k salary that you don’t use for work because it just makes you feel like a man.

Just like insecurity would prompt you to put a ton of bumper stickers specifically targeting what you view as the “outgroup” because, for the first time in history, there’s actually a group outside of your family that pretends to value you. All of this, while significantly lowering the resale value of that truck that’s keeping you poor.

Just like insecurity would make you follow personalities like Andrew Tate and blind you to the fact that you could never be like him because you don’t have the actual willpower to build a physique like his or be charismatic enough to build a following. So, instead, he offers you the easy way out of blaming women and gays for your barren sex life. A grift.

Just like insecurity would generally make you concede to any perceived authority, regardless of whether or not they have any authority over you, because ultimately you know that in any important conversations, YOU should be quiet. This is why you follow grifters and your life never improves with their advice.

Please let us know in the comments if anybody feels like this is targeting them.

2

u/blazingdisciple Feb 03 '25

Just saw this comment which sums up my experience lately: "Watching them squirm like pigs is absolutely hilarious to me. For 4 years they said republicans cant accept a loss but in 2 weeks they've done more crying than newborn babies. I cannot and will not stop trolling them, ive never seen a more pathetic crowd unworthy of being called adults or humans. Their pain and tears are one of my greatest joys currently."

1

u/TehSr0c Feb 03 '25

hope they don't drink covfefe!

2

u/rami_lpm Feb 03 '25

they dont care about whiskey and avocados

everyone is tough now, let's talk in about a year.

1

u/KeijiKiryira Feb 03 '25

Don't forget that Canada should secure their border because of the tiny bit of fetanyl going into the US from the north compared to the massive amounts coming elsewhere lol

0

u/Maxx134 Feb 03 '25

Yep once they're grown in America

34

u/SlicedBreadBeast Feb 03 '25 edited Feb 03 '25

Actually I’m on the conservative sub just to peek, and they’re pretty pissed, at least the ones online on that sub.

Edit- grammar

24

u/bawng Feb 03 '25

Looking at r/conservative, this is the greatest thing ever.

15

u/Padhome Feb 03 '25

I would argue on there but I don’t wanna get banned and miss all that juicy face eating

15

u/bawng Feb 03 '25

It's extra hilarious right now because the Canadian conservatives are a bit butt hurt and not entirely pleased with the American conservatives.

2

u/mattdmonkey Feb 03 '25

I just had a quick wander over to r/Conservative and it’s a scary place to be.

10

u/HapticSloughton Feb 03 '25

They only bemoan taxes for the rich, expecting that golden trickle-down shower.

7

u/afrothundah11 Feb 03 '25

Those followers think Trump is making Canada pay the tariffs, when in reality it’s Americans paying the tax on goods coming from Canada. This is more than just cars made in Canada, many of the parts and raw materials are from Canada so even American assembled cars prices will go up

1

u/[deleted] Feb 03 '25

*his followers who are on SSDI and pay no taxes yet bemoan taxes

1

u/TehSr0c Feb 03 '25

SSDI? what's that? sounds socialist! better shut it down!

2

u/[deleted] Feb 03 '25

Social Security Disability Insurance. Basically, permanent welfare. Poor conservatives get declared disabled, even though they’re not, and live off the government teet, but because it’s called “disability insurance” they think they’re better than “welfare queens who are gaming the system”.

1

u/Zunniest Feb 03 '25

I don't know about that, many Maga are doubling down and showing support. Which just validates that their vote was never about the taxes at all.

1

u/itryanditryanditry Feb 03 '25

It's because they are to stupid to understand how any of this works. All they know is tax bad tariffs good. They have no idea why they just go by what they are told.

1

u/occamsrzor Feb 03 '25

You’re assuming some needs to be said about it

1

u/eccentricbananaman Feb 03 '25

The ultimate irony is that these massive increases to taxes on everyone are going to finance further tax cuts on the wealthy elite.

1

u/Maxx134 Feb 03 '25

His followers have a higher IQ to understand no such problem with taxes, unlike this fear-monger post.

1

u/Taftimus Feb 04 '25

What part of this post was 'fear-monger'-ing?

74

u/binzoma Feb 03 '25

25% tax on most goods, with no purpose etc? Murica: I sleep

asking rich people to pay 10% tax on true income? Murica: Real shit

the priorities ya'll have are honestly fucking wild. for the hundreds of billions this will cost americans, they could have healthcare, schools and roads for the next 3 generations

5

u/SaffronSimian Feb 03 '25

I mean you make solid points, but the reality of the US is that policy is now set in service of generating positive emotions in the broken mind of a 78 year old con man who has taken total power of the nation. That's all of it.

1

u/2_Fingers_of_Whiskey Feb 03 '25

WE KNOW

What can we do about it?

-2

u/[deleted] Feb 03 '25

His purpose is clearly laid out in the executive orders. Have you read them?

170

u/[deleted] Feb 03 '25

[deleted]

94

u/Agitated_Ad6191 Feb 03 '25

America is not that far away of a full Dallas Cowboys stadium with 100.000 people bringing the nazi salute after a delusional Trump speech. I wouldn’t characterize them as a cult anymore as this group is tens of millions strong.

Trump is one on one copying Hitlers playbook. Within two weeks we are already talking about deportation and building camps. Sounds all to familiar. This is going way faster than Adolf could have dreamed about.

Don’t underestimate these idiots or laugh it away, this is real danger.

36

u/rob3rtisgod Feb 03 '25

I was reading about how the Nazi's rose to power, it's very similar to what Donny and Musk are doing now. Would not surprise me if in a few weeks Donny announces he's the US president forever.

What is even worse is it's so clear Russia has intervened and installed people who have manipulated government and the US people but Reagen's own party and absolutely happy to do the exact thing Reagan preached against. The Red Terror was awful and was basically a made up lie to torture people and control the US people. Yet a real Red Terror is welcomed by the republicans? I thought these people hated communism, but right now America is looking like the next communist country to join China and Russia lmao.

3

u/whilst Feb 03 '25

Much like the overwhelming danger of illegal drugs was massively exaggerated, but decades of the fight against it brought forth fent as a real life boogeyman.

Act as if the world is scary for long enough and it'll become scary. Make everyone believe there's a monster, and the belief will become a monster.

-19

u/-SineNomine- Feb 03 '25

I think Russophobia has taken too much hold on here. Something bad? It must have been Russia. Nope, Don has been brought into office by the average American. You're waaaaay overestimating russian leverage or influence in the US.

12

u/rob3rtisgod Feb 03 '25

Normally I'd agree except the YT video is basically the reality of America right now. Donald cares more about Mexico and Canada than Russia which is extremely disingenuous when USA has basically been anti-Russia and anti-communism since forever, especially since Reagan and the end of WW2. 

https://m.youtube.com/watch?v=OsKEKqxv14k&pp=ygUbSG93IHRvIGRlc3RhYmlsaXplIGEgbmF0aW9u

3

u/TehSr0c Feb 03 '25

but at the same time, the US are playing right into Russias hands for their 'russian plan' and 'foundations of geopolitics'

what's happening right now in the US is LITERALLY right out of a KGB texbook on how to sink western values and restore the russian empire

2

u/Judazzz Feb 03 '25

Russia has been planting the seeds for years, arguably decades. However, the training wheels are off (and have been for a while), and what America chose to do to itself is 100% its own making. No one but the American people as a whole are responsible for whatever will happen in the next 4 (or more) years.

3

u/jesbiil Feb 03 '25

America is not that far away of a full Dallas Cowboys stadium with 100.000 people bringing the nazi salute after a delusional Trump speech.

Try to keep up on news but right now not inundating myself with it, I read this and was like, "Oh shit we had 100k people doing a nazi salute in a NFL stadium...I mean it was Texas but really?" Like I read that as "Yea that's entirely possible right now." Before I realized what you were actually saying. Ooph.

0

u/Zed_or_AFK Feb 03 '25

Efficient planing before head. Some smarter people were involved in the manuscript. It’s sad that those smarter people chose the dark side.

10

u/Redpanther14 Feb 03 '25

He literally could kill someone in the street and probably keep most of his support.

10

u/Zed_or_AFK Feb 03 '25

This looks like AI. Or He was defending himself.

3

u/eggybread70 Feb 03 '25

If it was a Dem he killed or a drag queen or someone in a wheelchair, frankly it would boost his support.

1

u/whilst Feb 03 '25 edited Feb 03 '25

Spock put it best: "Only Nixon could go to China."

30

u/jinjuwaka Feb 03 '25

This is why I bought a new car in late November. The fucking moment he said he was going to tariff Canada and Mexico I figured "why not believe him? He is actually that stupid".

That and with all the billionaires cozying up to him. They said, out loud, that their goal was to crash the economy.

Fucking believe people when they say shit like that.

As a Canadian living in the US, I am already planning how I might get me and my family the fuck out of this country should the US decide to actually invade Canada with military force.

...because the last time America went to war with a foreign country, and it had immigrants of that country living in it, things didn't turn out so well for them.

2

u/chad917 Feb 03 '25

Same here. December with the extended warranty and a 0% manufacturer finance promo. Hang on...

1

u/istasber Feb 03 '25

I feel like a moron for not having that foresight. I was too busy worrying about whether or not I should still try to buy a house that I forgot I'm driving a 20 year old car. I wonder if it's too late to get pre-tariff pricing

1

u/jinjuwaka Feb 04 '25

They just announced that they've delayed implementation of the tariffs for 30 days, so I would move quickly.

17

u/gr33nbastad Feb 03 '25

Omfg, this so effing glorious. The Chevy Silverados (1500 and HD) are built in Canada! HAH!! The country's second biggest selling vehicle and one of the chosen chariots of the MAGA turd cult. So sweet. RAV 4 is number three and also Canadian built. Not a direct hit to MAGAts though.

7

u/roychr Feb 03 '25

After running on lowering those said prices...

7

u/[deleted] Feb 03 '25

And only Republicans would eat it up with a smile on their face and say “thanks for screwing us orange daddy! We got exactly what we want now the libruls will be screwed too!!!!”

1

u/erm_what_ Feb 03 '25

They're happy because it's not an LGBT tax increase

1

u/anillop Feb 03 '25

Its a national sales tax. It only effects purchases so things like investments are not taxed by this. Eventually he will use this to try and get rid of the income tax.

1

u/Vann_Accessible Feb 03 '25

Unilaterally, and without Congressional approval.

1

u/occamsrzor Feb 03 '25

How is it a tax increase?

You can’t live without buying something not produced here, so it’s a need and not a want?

1

u/Bright_Newspaper2379 Feb 03 '25

only an American would complain about prices at the cost of cheap labour somewhere else - $3-5k for an American made cellphone? Pfffffinance it baby! It's the American way!

0

u/Maxx134 Feb 03 '25

So you're an expert? Public retractions for you once the economy booms from all the factories coming back into US, to avoid tariffs. Duh

-5

u/TomSaylek Feb 03 '25

I find american politics so funny sometimes. Idiots shouting blaming Democrats and others Republicans. From outside perspective its deciding top or bottom plug to stick your fingers in. You guys voted for an orange deranged fossil as leader. Ive seen the same problem being blamed as "Hurr dur Demo" and "Hurr Durr Repub" sounds like people dont even know that both are equally stupid and trashing your land. You have a south african with access to your treasury at this very moment and youre doing nothing about it.

7

u/chad917 Feb 03 '25

Both are not equally stupid. Neither is perfect, but only one is traitor

-1

u/TomSaylek Feb 03 '25

Last one had drone strikes. So definitely fits the "not perfect" category.

2

u/chad917 Feb 03 '25

Not unique, though the strike count was drastically reduced by Biden. The admin before him had a huge increase over the previous and then on top of that removed transparency rules for mistakes made. So you could say we were on the right track.

-155

u/macman7500 Feb 03 '25

There's going to be a tax decrease because no more income tax

103

u/niberungvalesti Feb 03 '25

Rich pay nothing.

You pay everything.

You own nothing.

Rich own everything.

America!

-124

u/macman7500 Feb 03 '25

Rich definitely pay. What you talking about?

69

u/3-goats-in-a-coat Feb 03 '25

1) not even close to what they should

2) tariffs hurt the 99%. The 1% is insulated enough they won't care. The 0.1% benefit erm... bigly from it.

31

u/big_d_usernametaken Feb 03 '25

Go away.

Troll, lol.

40

u/Delta-9- Feb 03 '25

1) I'll believe that bit about the income tax when it happens

2) they started replacing tariffs with income tax 115 years ago precisely because tariffs were creating problems for working class Americans. It's fucking stupid to be talking about an archaic economic tool like it's the way of the future. We've done this before and we moved on for good reasons.

27

u/Taftimus Feb 03 '25

No income tax is the dumbest fucking idea I've ever heard, even by Republican standards. Its absolutely moronic.

30

u/Sixhaunt Feb 03 '25

decrease for the rich, increase in tax to the poor.

Income tax uses tax brackets to make the rich pay more, if you just have one tax bracket on all goods then the rich no longer pay more and so the poor end up making up the difference if you want the same amount of money funding the government.

17

u/drew8311 Feb 03 '25

It's called a regressive tax

12

u/im_thatoneguy Feb 03 '25

lol.

MAGA: we don’t import very much so Tarrifs won’t hurt people.

Also MAGA: we import so much that the Tarriffs will cover the $2,500,000,000,000 in individual income tax each year.

To replace $2.5T in income at 25% Tarriffs that means we would need to tariff $10T in imports. We imported $0.3T total.

We would need a 1,000% tariff on every single import without any drop in demand.

9

u/Clitaurius Feb 03 '25

Please upvote this so it doesn't get automatically hidden - this level of ignorance deserves to be seen and mocked

-13

u/macman7500 Feb 03 '25

I'm getting so many downvotes on any reply regarding tariffs. There needs to be a subreddit about Trump tariffs and no downvotes allowed

9

u/Clitaurius Feb 03 '25

Ya'll see what I mean!

7

u/flukus Feb 03 '25

But where's the tax going to come from once all the manufacturing supposedly returns to America?

13

u/big_d_usernametaken Feb 03 '25

Keep dreaming, lol.

6

u/Altair05 Feb 03 '25

This tax as a proportion of income and wealth will be regressive and affect the middle class and poor class more than the wealthy. It's essentially a tax cut for the rich and an increase on the rest of us.

4

u/OfficeSalamander Feb 03 '25 edited Feb 03 '25

You realize we moved away from tariffs to an income tax because tariffs are super regressive right? Are you earning over $500k per year? Tariffs are not gonna help you personally

3

u/-r-a-f-f-y- Feb 03 '25

Lolol yeah they gonna leave that up to states rights, guaranteed.

3

u/you-create-energy Feb 03 '25

So if income tax doesn't go away, you'll admit this was an awful idea?

-5

u/macman7500 Feb 03 '25

If it does go away, will you apologize?

5

u/you-create-energy Feb 03 '25

Absolutely. I live in reality and adapt to new information. A little humility goes a long way.

2

u/[deleted] Feb 03 '25

watch, stain