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Problem is a lot of companies will crawl on their bellies and start producing in USA to avoid this tariffs.
Some German car manufacturers already think about building a factory in USA.
For big companies it's no ethical thing, it's just about money. Sadly.
German car producers don't think at all. They just love to exist in their total standstill without any need to change or innovate and then cry for public money.
Nobody believes that they will actually go to the US where they would pay massive tarrifs for a lot of their components just to then sell the cars without tarrifs.
I don't think anybody is considering that for real in these insanely volatile and unpredictable conditions lead by a stupid orange toddler.
German car manufacturers already have plants in the US since many years. The US cars have different regulations and need different parts, and they take advantage of the lower manufacturing costs and don't have to add expensive shipping from Europe to US ports to the sales price.
No. Building a factory takes a decade and a lot of money. Chances are very good that Trump flinches, as he did with China. At that point a factory in a cheaper country would be a better deal. So they probably just choose to do nothing and keep their current factories.
However they will promise to built factories, as that is incredibly cheap. It is not like companies are honest.
Well, they move, we boycott. Simple.