Replies to post #120720 on Niocorp Developments Ltd (NB)

[monocle]

That makes sense. The EU is arguing that that segment of the U.S. market is essentially closed to them.

[The_Gman]

The article is trying to use that tariff to validate its position that the tariffs were not asymmetric. There are no "EU pickups" and SUVs that may be subject to it appear to be a very small segment. Point is, perspective is everything. They agreed to the deal, everyone should stop whining.

It looks like this most likely relates to the "Chicken Tax" and may include some SUVs, although it's pretty murky which are subject to the 25% and which are not. Difficulty finding any statistic showing EU SUVs account for 1/3 of the US market (since there are no EU pickups). This says two-seat SUVs.

https://www.aei.org/carpe-diem/the-anti-consumer-25-chicken-tax-on-imported-trucks-has-insulated-the-big-3-from-foreign-competition-for-50-years/

What Trump conveniently ignores is that the US has had a 25% tariff on imports of light trucks (and two-seat SUVs) for more than 50 years. What makes that especially important is that the truck share of the US vehicle market has been above 50% in every year since 1999, except for two years (2008 and 2009)

It seems to come from this document:
https://ec.europa.eu/commission/presscorner/api/files/document/print/en/qanda_25_541/QANDA_25_541_EN.pdf

While the EU applies a 10% Most Favored Nation (MFN) tariff on cars, it's important to note that the US imposes a 25% tariff on pickup trucks—the largest segment of the US auto market, accounting for about one-third of all vehicle sales. In fact, the best-selling vehicle in the US is a pickup truck, the Ford F-150.

Which seems to be incorrectly quoted in the article, and the data is also incorrect, because SUVs are over 50% and trucks about 20%, neither near one third.
https://www.axios.com/2025/02/15/truck-rising-prices-suv-sedan

[AlwaysOptimistic]

Probably referring to SUV's like Mercedes and BMW.