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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.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: OrmontUS   😊 😞
Number: of 21938 
Subject: One trade "deal" done, 199 to go
Date: 05/08/25 4:59 PM
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Well, maybe not done, but at least something of a framework is announceable. In an effort to ease the pain of high tariffs on the middle class, remaining laser focused on reducing prices for everyday Americans from Day One, tariffs have been cut on Rolls Royce, Bentley and Jaguar. Luxury cars were the only consumer goods which received carveouts.

“We took it from 25 to 10 on Rolls-Royce because Rolls-Royce is not going to be built here. I wouldn’t even ask them to do that. You know, it’s a very special car and it’s a very limited number, too,” Trump said during his Oval Office announcement.

“Well, we’ll do others from the White House, we’re working on three of them right now, trade agreements — we’re doing three,” Trump told reporters during an impromptu gathering with reporters outside the West Wing. “But we’ll doing a lot of the signings — they would like to do them in the Oval Office.”

I guess there's no sense in making Rolls Royce cars any more expensive than they have to be for the average US cabinet member or political contributor.

Jeff
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This community has written 21,448 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 57 recs · 2023
Summary of 2Q 2026 · 54 recs · 2026
3Q Summary · 53 recs · 2024
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