Trump pulling out of the Trans-Pacific P/ship

[mustang mick]

Does anyone know what the ramifications will be for those ordering a Mustang in the future if Trump opts out of the FTP, like he is saying he will do. I'm thinking the Mustang is about to get dearer again, if some sort of a tariff is placed back on imported goods from the USA. Would be thinking that the Aussie Government would be encouraging people to buy cars from those countries inside the TPP by not taxing so highly?

I admit I am not that well versed on the subject so please be kind. :shrug:

Cheers

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[Friend of Dorothy]

Does anyone know what the ramifications will be for those ordering a Mustang in the future if Trump opts out of the FTP, like he is saying he will do. I'm thinking the Mustang is about to get dearer again, if some sort of a tariff is placed back on imported goods from the USA. Would be thinking that the Aussie Government would be encouraging people to buy cars from those countries inside the TPP by not taxing so highly?

I admit I am not that well versed on the subject so please be kind. :shrug:

Cheers

I am no expert, but the USA does more trade with Australia than vice versa. I would think that the Australian Government would use the 'threat' of import tariffs to 'encourage' them to keep a US military presence in Australia, etc, so I would be surprised if they did tariffs to a powerful ally.

However, its just another reason to get anxious about the wait.

 

[Road Dog]

We need to wait..

The reason the TPP is being axed is the little stupid things the Globalists stuck in there. One Item I have heard of is the Trademarking of the name Tequila. Apparently the Mexican govt would be able to collect royalties from any company using that name on their product.

I think the Mustang export to Oz and the jobs it represents is something that OZ has as a bargaining chip in direct negotiations with the US.

 

[mwizz]

Found the following quotes on the SBS news site.

"Head of Economics at the University of Western Australia’s Business School, Professor Peter Robertson has told SBS that Australia would not be impacted economically if US President-elect Donald Trump withdraws his nation from the 12-country Trans-Pacific Partnership (TPP).

Prof Robertson told SBS it would still be "business as usual" for Australia if Trump does go ahead with his plan to leave the TPP."

 

[LFCRulesOK]

The TPP isn't in force at the moment, so I can't see how or why the prices would rise?

 

[spronston]

We already have a bilateral free trade agreement with the US (in place since 2005). I believe all car tariffs were to be phased out entirely by 2015 under that agreement.

 

[PPPony]

There will be no effect on Mustang buyers

 

[lovesny2001]

The reason the TPP is being axed is the little stupid things the Globalists stuck in there. One Item I have heard of is the Trademarking of the name Tequila. Apparently the Mexican govt would be able to collect royalties from any company using that name on their product.

I believe the trademarking of name like Tequila is very common all over the world and not limited to TPP. Most European countries follow this under protected designation of origin (PDO), protected geographical indication (PGI), and traditional specialities guaranteed (TSG). I would think of this like a brand name e.g. Mustang resonates with enthusiasts more than lets say Ford Fiesta. This will continue well into the future..

 

[lovesny2001]

Does anyone know what the ramifications will be for those ordering a Mustang in the future if Trump opts out of the FTP, like he is saying he will do. I'm thinking the Mustang is about to get dearer again, if some sort of a tariff is placed back on imported goods from the USA. Would be thinking that the Aussie Government would be encouraging people to buy cars from those countries inside the TPP by not taxing so highly?

I admit I am not that well versed on the subject so please be kind. :shrug:

Cheers

I think we might get affected indirectly i.e. Trump wanted to scrap NAFTA, which would mean higher tariffs for Mexican Ford plants or component providers. In absence of proper trade route/tariff etc, Ford might not be able to get necessary components quickly leading to increased cost and delayed productions. Such issues can result in delayed deliveries for international market.

Fingers crossed that this storm blows over soon :headbonk:

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