- Jan 16, 2014
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Word has leaked about a Commerce Department report that gives Kim Jong Orange justification to impose tariffs of up to 25% on imported vehicles based on national security concerns.
The report triggered a 90 day period for Err Furor to pretend that's he's thinking about it. If you're considering an import you might want to get your thinking done real quick!
Trump has not yet made a decision, but he has long complained that the U.S is exploited economically by its allies and has repeatedly told aides he wants to impose a “ring tax” around U.S. borders to protect the country from foreign imports. Trump also has a particular interest in foreign auto competition: In a 2017 interview with the German newspaper Bild, he complained that Manhattan’s Fifth Avenue was filled with Mercedes-Benzes, adding: “It’s not mutual. How many Chevrolets do you see in Germany?”
The report triggered a 90 day period for Err Furor to pretend that's he's thinking about it. If you're considering an import you might want to get your thinking done real quick!