PREVIEW: #PRC: #TARIFFS: US AUTOS: Conversation with colleague Alan Tonelson re: tariffs on Chinese products and the consequences for the US auto industry -- as mentioned by former President Trump. More tonight.
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 22 July 2024
⏱️ 2 minutes
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| 0:00.0 | This is John Bachelor, conversation with Alan Tonelson, good colleague who v watches manufacturing |
| 0:06.0 | in the United States for many years for us. |
| 0:08.6 | Asking Alan, if the tariffs proposed by the Republican candidate, Helper hurt the automobile industry in particular. |
| 0:17.0 | The candidate, Mr. Trump, former President Trump, mentioned the automobile industry as someone to boost with tariffs |
| 0:24.0 | protecting them from the overwhelming factory floor dumping that happens |
| 0:30.1 | from the People's Republic of China. |
| 0:32.3 | Alan says that there is reason to believe that the outlook is, well, listen to Alan explanation |
| 0:39.4 | because the word cloudy comes up. |
| 0:42.2 | This is Alan Tonelson who blogs at Reality Check on |
| 0:45.9 | manufacturing prospects for the United States in the event of tariffs imposed |
| 0:52.0 | from goods from China and particularly but also from Europe. |
| 0:57.0 | More of this later tonight. |
| 0:59.0 | It's rather straightforward, especially since automobile assemblies, even under the current |
| 1:06.4 | tariff regime, and we're talking mainly about sport utility vehicles because they are heavily protected by tariffs as opposed to as |
| 1:16.7 | opposed to smaller autos. |
| 1:20.4 | Auto assemblies and that manufacturing which is still kind of labor intensive, |
| 1:26.0 | has actually ticked up fairly significantly over the last few months, |
| 1:32.0 | and it's been pretty healthy and one big reason is that |
| 1:35.2 | Americans are still buying cars at a very healthy pace. Now the broader |
| 1:40.4 | economy does seem to be slowing down although even that claim needs |
| 1:45.8 | qualifiers because a lot of the official data in fact all of the official data |
| 1:50.8 | that we rely on is lagging data and there are quite a few current |
... |
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