By coinnews 
00:00 Speaker A
So, I think the most interesting part about all this is just because tariffs are actually announced as of today, it’s not like it’s going to get affected immediately. So, what I mean by this is there’s a lot of cars being imported right now into the US. Those vehicles were ordered over two, three months ago by the distributors and the manufacturers. So, even though they’re coming in, it’s not like those vehicles, they can go back to the original distributors and say, “Hey, you’re going to get a tariff today on those vehicles.” So, how the impact is really going to happen is truly two, three months from now. Because as those orders are happening as of today, the tariffs will be actually be, um, a part of the pricing. There are some manufacturers like Hyundai that said that they’re going to actually eat the tariffs. The most interesting part about this is even if they eat the tariffs, offers are gone for new vehicles. You can’t eat the tariffs and actually have a 2.9, a 4.9, or incentives on these vehicles. So, if offers all go away, the prices of every vehicle, even if they eat the tariffs, will still be higher. So, there won’t be any incentives. Supply will also be a factor because people are trying to figure out where to actually distribute the vehicles to actually have lower tariffs. But what people don’t understand is it’s based on the parts of every single car. So, even Tesla and Rivian, who actually make all their vehicles in here in the United States will still have tariffs on the imported parts. Tesla has imported parts coming in from China. They have gone to the US administration, Trade Administration, to ask for an exclusion.
04:02 Speaker B
Mhm. Yeah, do you anticipate any of those exclusions, any negotiations moving forward?
04:09 Speaker A
Yes, there’s negotiations all happening in the background. And the frightening part of this during the negotiations is some of the OEMs are basically saying they won’t actually supply the US any vehicles. Now, what happens then? It then would mean that US would actually lose jobs. Because you wouldn’t have jobs here in the United States with all these automakers, actually, whether they distribute in as they distribute into the US, there’s a lot of US citizens that work for many of the OEM manufacturers. So, if they start laying off because of the fact that they can’t distribute supply here, then it will affect jobs in the United States.