Several Republican senators warned the White House yesterday that President Donald Trump can expect diminished support at best for his plan to launch a 5% import tax on Monday for goods from Mexico.
Trump justifies the tariff under the same national emergency declaration he made in February about illegal immigration. He is using that Senate-approved step to divert federal funds to pay for building a barrier along the Mexican border.
But Republican senators say Trump’s new levy won’t garner comparable backing. “Senate Republicans are tariff weary,” Sen. Kevin Cramer (R-N. Dakota) tells reporters.
Trump has said Congress would be “foolish” to challenge his desire to impose the tariff. He is using the tax, which would increase by five points per month through October, to force Mexico to control the surge of migrants across its border with the U.S.
“A 5% tariff isn’t going to break the bank,” says Sen. John Kennedy (R-La.). “A 25% tariff is a different story.”
For conducting business in the U.S. market, Toyota has historically had several separate business entities: a sales and distribution company headquartered in California (Toyota Motor Sales, USA); manufacturing operations (Toyota Motor Manufacturing North America); a racing subsidiary (Toyota Racing Development, USA); the Toyota Technical Center for R&D in Ann Arbor; and a design facility in California (Calty Design Research, Inc.). On April 1, 2006, Toyota merged its R&D operations and its manufacturing operations into a single company.
Ram Truck chief exterior designer Joe Dehner talks about how they’ve developed the all-new pickup. “We’ve been building trucks for over 100 years,” he says. “Best I could come up with is that this is our 15th-generation truck.”
Ford has made an accomplishment that will never be bested, never even be tied.