pbojanoski
Well-Known Member
- First Name
- Peter
- Joined
- Jan 4, 2020
- Threads
- 14
- Messages
- 304
- Reaction score
- 326
- Location
- Pennsylvania
- Vehicles
- Jaguar I-Pace
I think what @portlandg is saying is that higher tariffs make the cost of the vehicle higher and the profits lower since you can only sell cars for so much. Ford likely would have to eat some of the tariff in order to keep the cars competitive and selling in Europe.I don't think tariff proceeds go to the company, they go to the government (basically a tax).
But yes, higher labor costs would pretty much result in higher purchase price for customers in any country. I thought about that too, but just didn't want to complicate the reply. So I left it in the "American car" context the OP used.
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