Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of PoliticsBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd
Search
Shrewd'm.com Merry shrewd investors
Search
Best Of PoliticsBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd


The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
Answer this questionContinue to Shrewd'mThis note won't appear again
Halls of Shrewd'm / US Policy
Unthreaded | Threaded | Whole Thread (7) |
Author: Steve203 🐝 HONORARY
SHREWD
  😊 😞

Number: of 84358 
Subject: Re: I've done more for you than your parents
Date: 07/28/26 10:54 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 1
But at least for what we have left---- I am grateful and I'm sure those families are also.

I have no problem with domestic content legislation. That is what we have been edging toward with the USMCA. The current iteration requires 75% in-zone content, and some percentage of content produced by labor paid at last $16/hr. The chatter is the regime is looking to increase in-zone content to 82%, and 50% from the US. The problem I have is the precipitate way the tariffs have been imposed. Here's a for-instance. Most of what VW sells in the US is built in Mexico. VW sources a lot of parts from it's supply chains in China, the EU, and Brazil, so does not meet the current 75% bar, let alone 82%. I looked at the content sticker on a new VW SUV: only 14% US/Canadian content. This was not an issue for VW when the tariff for non-compliant cars was only 2.5%. Now, the tariff is 25% and VW loses Billions per year to US tariffs. I think the chances are non-zero that VW will decide to exit the US market, rather than rebuild it's supply chain to comply with current, or possible future, content requirements. That would put a lot of people out of worth, at dealers all over the country, as well as VW of America offices, and the one plant that VW does have in the US. At least, the people laid off from the Chattanooga plant might be able to move to the new Ford plant in Tennessee. Then there are all the people who own VWs, who lose dealer parts and service support.

Steve
Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to Steve203 here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
It's going to get worse · 33 recs · 2025
G’day Donny · 30 recs · 2026
Old Related Story · 28 recs · 2026
HCR is a national treasure · 27 recs · 2025
Fascism in America · 27 recs · 2025
Unthreaded | Threaded | Whole Thread (7) |


Announcements
US Policy FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of Politics | Best Of | Favourites & Replies | All Boards | Followed Shrewds | Open Questions | Moving a community