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David Brancaccio

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
2480 total appearances

Appearances Over Time

Podcast Appearances

Marketplace All-in-One
The "chicken tax" and the U.S. auto industry

So...

Marketplace All-in-One
The "chicken tax" and the U.S. auto industry

The U.S.

Marketplace All-in-One
The "chicken tax" and the U.S. auto industry

had a response to the tariff that the Europeans put on our chickens.

Marketplace All-in-One
The "chicken tax" and the U.S. auto industry

What was it?

Marketplace All-in-One
The "chicken tax" and the U.S. auto industry

Well, that's right.

Marketplace All-in-One
The "chicken tax" and the U.S. auto industry

So all this innovation, then the response to the chicken tax, the light duty truck tariff.

Marketplace All-in-One
The "chicken tax" and the U.S. auto industry

Absolutely.

Marketplace All-in-One
The "chicken tax" and the U.S. auto industry

You look at that pickup truck from 1962, and it looks pretty much like a pickup truck you're going to buy today, maybe a little less aerodynamic.

Marketplace All-in-One
The "chicken tax" and the U.S. auto industry

But do you think that this tariff may have kind of preserved the status quo when you compare the truck from 60 years ago and the truck now?

Marketplace All-in-One
The "chicken tax" and the U.S. auto industry

Now, U.S.

Marketplace All-in-One
The "chicken tax" and the U.S. auto industry

automakers make a lot of money off of those light duty trucks, the pickup trucks.

Marketplace All-in-One
The "chicken tax" and the U.S. auto industry

That tariff, you think, has something to do with that?

Marketplace All-in-One
The "chicken tax" and the U.S. auto industry

My road trip buddy, John Krafchick, is a longtime automotive executive with experience at Ford, at Hyundai USA, and Waymo, the autonomous vehicle company.

Marketplace All-in-One
The "chicken tax" and the U.S. auto industry

He currently sits on the board at the EV company Rivian.

Marketplace All-in-One
The "chicken tax" and the U.S. auto industry

John, thank you.

Marketplace All-in-One
The "chicken tax" and the U.S. auto industry

Now, the tariff genie giveth and it taketh away while the 60-year-old chicken-inspired light truck tax is still with us, as we say.

Marketplace All-in-One
The "chicken tax" and the U.S. auto industry

Now there's the Trump administration's 50 percent tariff on aluminum, which is crushing Ford's profit on its 150 pickup truck now.

Marketplace All-in-One
The "chicken tax" and the U.S. auto industry

The Wall Street Journal reported this week that Ford's pleas for help have so far been rejected by the administration.

Marketplace All-in-One
The "chicken tax" and the U.S. auto industry

Now, tomorrow's my last day as host of the Marketplace Morning Report here.

Marketplace All-in-One
The "chicken tax" and the U.S. auto industry

No more 2 a.m.