The Motley Fool Discussion Boards
Stocks F / Ford Motor Company
|Subject: Re: Small Pickup Revisited||Date: 2/14/2013 3:51 PM|
|Author: JustMee01||Number: 17421 of 18160|
As an aside, if you read the article that Doug posted, it has a Wiki link in it to the "chicken tax".
Apparently, any light truck imported into the US is subject to a 25% tariff that goes back to the LBJ administration and a European trade war. It's called the "chicken tax". That name's so absurd it's ridiculous. Apparently, the light truck tariff was in response to a European poultry tariff on US chickens.
The Wiki link also notes that Ford works around the chicken tax with its Transit Connect. The Transits are shipped from Turkey with passenger interiors that are then stripped out in the US. So, the passenger vehicle actually becomes a light truck in the US, avoiding the tariff.
I'll have to file that away in the absurd, but true category...
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|