TSLA
Tesla
-- 410.440 NVDA
NVIDIA
-- 144.470 CRNC
Cerence
-- 19.330 PLTR
Palantir
-- 79.890 MSTR
MicroStrategy
-- 339.660 
Trump's 25% tariffs on Mexico and just 10% on China make sense for him.
Already $330B worth of Chinese imports to the US are slapped with a 7.5% to 25% tariff since Trump's first term. These weren't lifted by Biden.
Adding 25% on top of what exists already isn't just overkill - it's counterproductive. US imports from China are running 2% higher in the first 9 months of 2024.
In other words, tariffs on China aren't cutting demand for Chinese goods in any meaningful way.
Meanwhile, Mexican exports to the US have surged, replacing China as the US top trade partner. And it's not because Chinese goods are using Mexico to bypass tariffs.
US and other Western carmakers are boosting their production in Mexico to serve a US market that has no Chinese competition whatsoever.
Vehicles are the top exports of Mexico to the US. Exports of GM, Audi, Kia and Honda are growing in the high double-digits.
US auto industry workers aren't losing jobs to Chinese companies at all. It's the $150 billion/year car and parts manufacturing industry that spawned in Mexico as a result of $Ford Motor (F.US)$ $General Motors (GM.US)$ $VOLKSWAGEN A G (VWAGY.US)$ $Toyota Motor (TM.US)$ $Nissan Motor (ADR) (NSANY.US)$ $Honda Motor (HMC.US)$ shifting manufacturing down south.
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SatyrForest : The point is is to be self-sufficient creating a long-term economy
Jason Ingledue SatyrForest : US dollar value goes down the less trade partners we have. Add in the fact the reason basic manufacturing is done outside the US is it can be done for very cheap. You bring those jobs into the US the products will cost more because Americans aren't working for less than minimum wage like the foreign production. unemployment % is already low, no one is going to work crap jobs for crap pay when better jobs exist.
Ultratech SatyrForest : we are
Victor Martinez2 SatyrForest : like north korea
SatyrForest Jason Ingledue : I understand that if you’re thinking short term, you’re right, but you have to think of the big picture