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Re: Trump threatens Toyota today with heavy tariffs...
Posted by MikeC/TX of TX on 1/8/17 5:35pm Msg #69153
"Seems to me they build more Toyotas in the USA than anywhere. Tax and tariff them if they continue out of the USA"

You're way off base. First of all, of the factories you listed, these two:

Toyota Motor Manufacturing Canada
Toyota Motor Manufacturing de Baja California

aren't even in the US.

Secondly, the plants that are actually in the US employ a fraction of Toyota's global workforce (the total number of employees globally is close to 350,000, of which the US accounts for about 10% or less), and while it is one of the largest employers in the US auto manufacturing industry, we don't represent most of their workforce.

The US plants would not be impacted at all by this decision - it was a plan to move production from Canada to Mexico. Only a small percentage of those cars would be sold into the US.

Toyota also has manufacturing plants in 18 other countries, plus joint partnerships in many others. They do not build most of their products here, and they are not headquartered here. Imposing a tariff on them if they don't build a new plant here makes absolutely no sense, especially since much of what they're selling these days in the US market is built here.

I can understand trying to bully an American company into keeping jobs here; I cannot understand trying to bully a foreign company into creating jobs here. The pushback is obvious - they threaten to close the domestic plants and ship 30,000 jobs offshore, and consumers here have to pay more for a product they really want.
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Messages in this Thread
 Trump threatens Toyota today with heavy tariffs... - MikeC/TX on 1/5/17 7:09pm
 Re: Trump threatens Toyota today with heavy tariffs... - FGX/NJ on 1/6/17 6:34am
 Re: Trump threatens Toyota today with heavy tariffs... - Luckydog on 1/8/17 12:48pm
 Re: Trump threatens Toyota today with heavy tariffs... - MikeC/TX on 1/8/17 5:35pm
 Re: Trump threatens Toyota today with heavy tariffs... - Luckydog on 1/10/17 10:35am
 Re: Trump threatens Toyota today with heavy tariffs... - MikeC/TX on 1/10/17 5:03pm
 Re: Trump threatens Toyota today with heavy tariff n/m -  bagger on 1/11/17 4:07pm
 you are so warped -  bagger on 1/11/17 4:13pm



 
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