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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: OrmontUS 🐝🐝  😊 😞
Number: of 15051 
Subject: One trade "deal" done, 199 to go
Date: 05/08/2025 4:59 PM
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Well, maybe not done, but at least something of a framework is announceable. In an effort to ease the pain of high tariffs on the middle class, remaining laser focused on reducing prices for everyday Americans from Day One, tariffs have been cut on Rolls Royce, Bentley and Jaguar. Luxury cars were the only consumer goods which received carveouts.

“We took it from 25 to 10 on Rolls-Royce because Rolls-Royce is not going to be built here. I wouldn’t even ask them to do that. You know, it’s a very special car and it’s a very limited number, too,” Trump said during his Oval Office announcement.

“Well, we’ll do others from the White House, we’re working on three of them right now, trade agreements — we’re doing three,” Trump told reporters during an impromptu gathering with reporters outside the West Wing. “But we’ll doing a lot of the signings — they would like to do them in the Oval Office.”

I guess there's no sense in making Rolls Royce cars any more expensive than they have to be for the average US cabinet member or political contributor.

Jeff
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