Trump promised voters tariffs are a panacea for the economy, but Walmart finance chief John David Rainey warned they will be inflationary for customers.
I think this is rather an issue with what the majority of the market wants. If carmakers saw a bigger profit in offering smaller transport vehicles (pickup trucks in my opinion aren’t even particularly good at transporting a lot of stuff), they’d manufacturer and sell them.
But the truth is pickup trucks are often just lifestyle products (when I need to transport something, I just rent something adequate) and as such, there is a much larger customer base than for sensible options, which makes the others commercially risky.
I don’t know, is that particular tariff already in effect?
I’m not saying they’re always good, bit that they can be a strategic instrument. The example you brought up makes no sense, I agree. But I’m sure if carmakers saw a market for a class of cars, they’d take the opportunity - maybe not on their core brand (like I don’t think Ford would build one under that brand in the US).
Yeah, the fact that every sporting event’s commercials rotate between dick pills, beer, and giant trucks totally doesn’t have anything to do with it.
I think this rather proves my point, they’re lifestyle products targeting a specific demographic under the guide of being a utility.
I think this is rather an issue with what the majority of the market wants. If carmakers saw a bigger profit in offering smaller transport vehicles (pickup trucks in my opinion aren’t even particularly good at transporting a lot of stuff), they’d manufacturer and sell them.
But the truth is pickup trucks are often just lifestyle products (when I need to transport something, I just rent something adequate) and as such, there is a much larger customer base than for sensible options, which makes the others commercially risky.
Yeah, the fact that every sporting event’s commercials rotate between dick pills, beer, and giant trucks totally doesn’t have anything to do with it.
Also, if the market didn’t demand smaller trucks, why slap a tariff on them to encourage local production?
I don’t know, is that particular tariff already in effect?
I’m not saying they’re always good, bit that they can be a strategic instrument. The example you brought up makes no sense, I agree. But I’m sure if carmakers saw a market for a class of cars, they’d take the opportunity - maybe not on their core brand (like I don’t think Ford would build one under that brand in the US).
I think this rather proves my point, they’re lifestyle products targeting a specific demographic under the guide of being a utility.