- First Name
- Edge
- Joined
- Jul 17, 2021
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- 5
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- 1,353
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- Location
- CARBONDALE-Atlanta
- Vehicle(s)
- PORSCHE
- Engine
- 2.5L Hybrid
I ship hundreds of thousands of dollars of computers to Mexico every year. Under discussions already underway with our customers, if tariffs take effect next week, we will have to literally pay an import tax upon delivery of computers "next week" at the airport when delivered, on products that are already in route, but not delivered.I have stated energy is different than goods. Energy is traded on the futures markets and we see the effects immediately. Goods are different. It is like they get an air shipment on oil, but they are always slow to come down. The markets set the price of oil and gas. OEMs will set the MSRP of vehicles. I guess there could be a few greedy dealers that try to take advantage of the situation. The point it, tariffs aren't placed on current inventory
Unlike the US government, Mexico can enforce a law/tariff within hours.
On another subject: Mexico requires that auto manufacturers that sell their vehicles in Mexico have to have an automotive manufacturing facility in Mexico, otherwise a 30 to 40% tariff. That's why Mercedes, Ford, Nissan, Mazda, VW, etc. etc. have factories in Mexico just to be able to sell their vehicles in Mexico... This trade agreement has been in effect for at least 20+ years....and not going away...or will be enforced by Mexico with import taxes.
US has some of these same trade agreement with auto makers. My and wife's Honda were made in Ohio, BMW Suv S. Carolina, VW made in Mexico. Porsche Cayman S in Finland., etc.
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