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10. Health- Body/Mind Wellbeing for All Groups


DJT US 25% auto import tariff April 2, 2025

03/30/2025

The impact of the 25% DJT US auto import tariff comes after NAFTA and USMCA Trade Treaty did little to prevent the outshoring of US jobs and manufacturing to Mexico and Canada. German and South Korean companies made about 80% to 60% of cars sold in the US in Mexico or in their home country. The outshoring was used by American and foreign companies as a way to keep American automobile wages low as American companies could threaten workers asking for higher wages with loss of jobs by outshoring the production. This happened for two decades under the elder Clinton, Bush and Obama administrations. The US International Trade Commission estimates in a 2024 study that this 25% tariff would increase revenues by 5% and prices by 5% in the US for cars. Higher prices over 10% would be borne by affluent buyers of BMW's, Benz and Audis. Because US auto plants have excess capacity and operate at 60% in 2025 they could quickly increase American production without increasing prices as American manufacturers car sales increase. Hyundai plans to invest $21 billion in US plants from 2025. UAW union supports this move by DJT and trade advisers Lighthizer, Jamieson USTR, and Navarro.

Grouped Articles

Trump says he 'couldn't care less' if car prices rise in the US

BBC News 03/30/2025

Transcript: UAW president Shawn Fain on "Face the Nation with Margaret Brennan," March 30, 2025

03/30/2025

How Trump’s Tariffs Are Hitting Big Car Producers, in Charts

WSJ 03/27/2025

Trump Warned U.S. Automakers Not to Raise Prices in Response to Tariffs

WSJ 03/28/2025

Why cost of living is destroying the social compact in the US and Europe and upending governments in 2024-2025

02/24/2025

Used car prices are up 45% since 2019 putting used cars at average price $28000. It is not a discretionary cost, one needs a car to get to work in the US. There are cases of young people not able to pay soaring repair costs quitting work without transport. This is why there was so much discontent in 2024 after supply shocks and price gouging pushed up prices in 2024. Another factor evident in airline ticket pricing was demand and the excess income of the top 20 percent. In housing and apartment rentals supply shortages pushed up prices, demand and excess income of the top 20-30 percent pushed up prices beyond the reach of the rest, higher interest rates made it unaffordable to buy a home for most Americans.

Grouped Articles

Why There Is No Relief Ahead for High Used-Car Prices

WSJ 02/15/2025

The U.S. Economy Depends More Than Ever on Rich People

WSJ 02/24/2025

Action to cut single use plastic bags and packaging 2025

11/27/2024

Efforts to end the use of single use plastics that are a threat to health and the environment, land, rivers and oceans. The use of plastic water bottles has worsened the crisis. Supermarkets are slow in the US to ban plastic bags showing need for prudent regulation. Talks in Busan, South Korea, in Nov 2024 to find a solution to the plastics proliferation crisis. The plastics industry including plastics makers and recycling companies say things are under control with recycling goals, yet reports show only 30% of plastics is being recycled each year in 2024, and going back to the beginning of plastics 2 decades back only about 10% has been recycled.

Grouped Articles

Inside the Plastic Industry’s Battle to Win Over Hearts and Minds

NYTimes.com 11/27/2024

The plastics we breathe

Washington Post 06/10/2024

China Tries to Stem the Flow of Its Plastic Waste

WSJ 01/20/2020

Plastic Water Bottles, Which Enabled a Drinks Boom, Now Threaten a Crisis

WSJ 12/12/2018

New York Businesses Anticipate Plastic-Bag Ban

WSJ 02/27/2020

Supermarkets in France forced to ditch plastic and set up ‘refill stations’ selling unpackaged goods

The Times 04/01/2021

Trump plan to end tax on Social Security benefits is a fatal mistake

08/17/2024

Senator Larson says it is a fatal mistake as lost revenue is not made up leading to a Medicare insolvency in 2031, and Social Security insolvency in 2033. Social security benefits will then by law will be cut in 2033 by 25%, a dangerous step tragic for many on Social Security who are pushed into poverty.

Grouped Articles

Trump's plan to end taxes on Social Security income is a 'fatal mistake,' lawmaker says. What that could mean for benefits

CNBC 08/17/2024

Donald Trump's Suggestion to End Taxation of Social Security Benefits | Committee for a Responsible Federal Budget

Committee for a Responsible Federal Budget 08/17/2024

Trump wants to cut income taxes on Social Security. Here's how that would impact your benefits.

CBS News 08/17/2024


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