President Donald Trump is granting a one-month exemption on his stiff new tariffs on imports from Mexico and Canada for U.S. automakers, as worries persist that the newly launched trade war could crush domestic manufacturing.
  • RangerJosey@lemmy.mlEnglish
    0·
    4 months ago

    Let em collapse. They all make shit anyway.

    Nationalize them after the bankruptcy and keep all the jobs going making economy cars.

    • NarrativeBear@lemmy.world
      0·
      4 months ago

      That’s action is called expropriation…

      There are plenty of examples around the global and what usually plays out next.

      The trouble is not that automakers can’t continue to produce/assembly, its that prices will skyrocket (higher cost to source materials) which means consumers will need to pay more.