GM, Ford Applaud Trump 25% Medium-, Heavy-Duty Truck Tariff Blast Ram Trucks Waiver Appeal

testerdahl

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A fight over a new 25% medium, heavy-duty truck waiver has GM and Ford applauding the move while Ram Trucks seeks a waiver to avoid a massive hit to their business. Trump 25% Medium-, Heavy-Duty Truck Tariff The new Trump 25% medium-truck tariff set to effect on November 1, 2025 and is part of an earlier planned tariff on heavy-duty trucks. These trucks are a threat to “national security” and imposing a tariff would help U.S. companies from threats to “unfair outside competition” according to a Reuters.com story citing the Trump Administration. Both tariffs on medium-duty and heavy-duty trucks will […] (read full article...)
 
Didn't Trump have his team write up and pass the contract between the United States, Canada, and Mexico that allows these factories to build these vehicles in the first place?
 
Didn't Trump have his team write up and pass the contract between the United States, Canada, and Mexico that allows these factories to build these vehicles in the first place?
He was part of the rewrite of NAFTA. His is called the USMCA. Interestingly, I just found out in Canada they call it Canada–United States–Mexico Agreement, or CUSMA. In Mexico they call it, Tratado entre México, Estados Unidos y Canadá, which is abbreviated as T-MEC.

Basically, each country puts their name first.

I had a thought going waaaay back in time to Ross Perot when he was running against Clinton and Bush IIRC. Perot was very much against NAFTA. He foresaw it taking away American jobs and not growing the U.S. economy.

It is interesting to look back on that debate in today's light. On the one hand, he was right. We did lose jobs to Mexico and Canada. On the other hand, you could argue our economy has replaced those jobs in other fields.

Google AI had this to say: "U.S. manufacturing jobs have generally trended downwards since NAFTA was implemented in 1994, with figures around 17.0 million in 1994 decreasing to approximately 12.2 million in 2019 and 12.8 million in 2024. While NAFTA's direct impact is debated, analyses suggest that a significant rise in the U.S. trade deficit with Mexico and Canada post-1993 displaced an estimated 686,700 manufacturing jobs by 2002. This decline is part of a broader trend, as manufacturing employment began falling decades before NAFTA and accelerated significantly after 2000 due to various factors including trade deficits and a shift to service industries."

So many ways to look at things. You could argue many different viewpoints and you'd be right.
 
He was part of the rewrite of NAFTA. His is called the USMCA. Interestingly, I just found out in Canada they call it Canada–United States–Mexico Agreement, or CUSMA. In Mexico they call it, Tratado entre México, Estados Unidos y Canadá, which is abbreviated as T-MEC.

So many ways to look at things. You could argue many different viewpoints and you'd be right.

Hard to argue much about it. Generally, our economy grew. But would it have grown more without it? No one can really answer. Just like now, hard to predict the future other than watch leading indicators of trouble.
 
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