Trump Tariff will Kill the Economy
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Canada this is the fate that awaits you.
Nissan Says It Will Pull Out of Mexico If Trump Tariffs Come Into Effect
President Donald Trump's threats of implementing new tariffs on Mexico's steel and aluminum exports have raised concerns for many companies based there. One of the latest to make its concerns public is Japanese automobile manufacturer Nissan.
According to reports, the vehicle manufacturer is "studying" the possibility of leaving Mexico if Trump goes through with his threats of imposing a 25% tariff on Mexican goods as the tax would pose a significant challenge to Nissan's profitability.
The Japanese company has three plants on Mexican soil: two in the state of Aguascalientes and one in the state of Morelos. According to El País, Nissan exports around 320,000 vehicles from Mexico to the U.S. each year.
During a press conference on Feb. 13, Nissan CEO Makoto Uchida explored the possibility of moving production somewhere else. "If high tariffs are imposed, we must be prepared to adapt, and moving production elsewhere might become a necessary step," Uchida said. Although the company has not made a final decision, it is closely monitoring the situation and evaluating different solutions.
"We export a large volume of vehicles to the U.S., so if high tariffs are implemented, that would have a huge impact in our company," Uchida added.
If Nissan decides to leave Mexico, potential destinations could include the U.S., as the company already operates manufacturing facilities in Smyrna, Tennessee, and Canton, Mississippi. Other possibilities include expanding operations in Asia.
https://www.msn.com/en-us/money/comp...vertelemetry=1
They just wait Trump out.
Plus adding 6,000 to cars will kill the US Auto industry genius plus the thousand of jobs that make all the parts.
It's a LOSE bigger LOSE
Your limited understanding of economy is childish.😎 1Leave a comment:
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I've been trying to tell you guys that buying Canadian and boycotting US goods is a waste of time. Canada's problem is exports. The US economy is the grand price. Your companies will drop you like a hot potato. See: Nissan.👍 1Leave a comment:
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Canada this is the fate that awaits you.
Nissan Says It Will Pull Out of Mexico If Trump Tariffs Come Into Effect
President Donald Trump's threats of implementing new tariffs on Mexico's steel and aluminum exports have raised concerns for many companies based there. One of the latest to make its concerns public is Japanese automobile manufacturer Nissan.
According to reports, the vehicle manufacturer is "studying" the possibility of leaving Mexico if Trump goes through with his threats of imposing a 25% tariff on Mexican goods as the tax would pose a significant challenge to Nissan's profitability.
The Japanese company has three plants on Mexican soil: two in the state of Aguascalientes and one in the state of Morelos. According to El País, Nissan exports around 320,000 vehicles from Mexico to the U.S. each year.
During a press conference on Feb. 13, Nissan CEO Makoto Uchida explored the possibility of moving production somewhere else. "If high tariffs are imposed, we must be prepared to adapt, and moving production elsewhere might become a necessary step," Uchida said. Although the company has not made a final decision, it is closely monitoring the situation and evaluating different solutions.
"We export a large volume of vehicles to the U.S., so if high tariffs are implemented, that would have a huge impact in our company," Uchida added.
If Nissan decides to leave Mexico, potential destinations could include the U.S., as the company already operates manufacturing facilities in Smyrna, Tennessee, and Canton, Mississippi. Other possibilities include expanding operations in Asia.
https://www.msn.com/en-us/money/comp...vertelemetry=1Leave a comment:
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Canada this is the fate that awaits you.
Nissan Says It Will Pull Out of Mexico If Trump Tariffs Come Into Effect
President Donald Trump's threats of implementing new tariffs on Mexico's steel and aluminum exports have raised concerns for many companies based there. One of the latest to make its concerns public is Japanese automobile manufacturer Nissan.
According to reports, the vehicle manufacturer is "studying" the possibility of leaving Mexico if Trump goes through with his threats of imposing a 25% tariff on Mexican goods as the tax would pose a significant challenge to Nissan's profitability.
The Japanese company has three plants on Mexican soil: two in the state of Aguascalientes and one in the state of Morelos. According to El País, Nissan exports around 320,000 vehicles from Mexico to the U.S. each year.
During a press conference on Feb. 13, Nissan CEO Makoto Uchida explored the possibility of moving production somewhere else. "If high tariffs are imposed, we must be prepared to adapt, and moving production elsewhere might become a necessary step," Uchida said. Although the company has not made a final decision, it is closely monitoring the situation and evaluating different solutions.
"We export a large volume of vehicles to the U.S., so if high tariffs are implemented, that would have a huge impact in our company," Uchida added.
If Nissan decides to leave Mexico, potential destinations could include the U.S., as the company already operates manufacturing facilities in Smyrna, Tennessee, and Canton, Mississippi. Other possibilities include expanding operations in Asia.
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US manufacturing output falls in January on weak motor vehicle production😎 1Leave a comment:
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US retail sales post biggest drop in nearly two years amid winter freeze
Yep the Trump effect🥰 1Leave a comment:
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US will suffer job losses through tariffs on Canadian steel and aluminum, says Trudeau
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EU says it will react firmly against US reciprocal tariff hikes
Oh boy higher prices yippee😎 1Leave a comment:
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Thanks again for your confirming no drugs and no open borders.
But wait isn't Trump Administration going to start a trade war with everyone
Try and keep up😎 1Leave a comment:
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Do you want a cookie
What happen the two years before sealed tight as a drum under Joe Biden thanks for the confirmation
It's time to let go of Trump
Odd you posting under Trarrifs can you read the thread topic?
Sorry your blowup dolls are going to cost more under the Trump Tax🥰 1Leave a comment:
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