You have nothing to worry about. There are plenty of country’s that produce auto parts that are not part of these tariffs. The US can get parts from Europe or Asia… no big deal.
On the flip side, NOBODY buys stuff from Mexico or Canada except for the US. Exports to the US are literally 25% of Mexico’s GDP so even a 10% drop will cause a major recession for them. The stuff they buy from the US is stuff they need and can’t get from anywhere else (hint: we have the highest wages, so we aren’t competing on price).
The choices that Mexico and Canada have are
1. Reduce exports to the US the accompanying recession.
2. Devalue their currencies so that their products are priced competitively even after the tariffs (i.e. they are effectively paying the tariffs like Trump says they will).
3. Give Trump the concessions he wants on immigration and drug trafficking.
My money is on option 3.
My money is on Mexico taking a page from China: “I like to be kissed when someone is doing sex to me.”
Trump wants to bring manufacturing BACK to the United States. So not only is your job safe, but you will probably get a pay raise and a promotion as those jobs return to America.
If you were actually an auto-worker, you'd be happy about this. This is why Trump won Michigan.
Just because you like to wake up everyday and hit yourself over the head with the stupid stick doesn't mean the rest of us have to follow suit.
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