Wednesday, June 05, 2019

Buick Pays Tariff. MSRP Unchanged. Hmmm

Well yes, indeed.

..."The Trump administration has denied a General Motors Co request for an exemption to a 25 percent U.S. tariff on its Chinese-made Buick Envision sport utility vehicle....

..."GM said on Tuesday it was aware of the denial and has been paying the tariff since July. GM has not raised the sticker price to account for the tariff.... Reuters, quoted at Surber
Not that anyone would PAY 25% more for the car, but it sure looks as though there is no "TAX ON CONSUMERS!!!!!" here.

The Chamber of Commerce and its stooges were unavailable for comment.

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