The article discusses the history and impact of the Chicken Tax, a 25% tariff imposed on imported light trucks, initiated in response to European trade actions against U.S. chicken exports in the 1960s. This tax has barred most foreign-made trucks from the U.S. market, allowing American automakers to dominate and thrive. As current discussions of new tariffs surface, the article highlights how the Chicken Tax's influence persists, sustaining local production and ultimately affecting car pricing and availability across the United States.
The Chicken Tax, a 25% tariff on imported light trucks, controls the U.S. auto market by preventing foreign manufacturers from entering, thus supporting local automakers.
Since its inception, the Chicken Tax has kept many foreign-made trucks out of the U.S., allowing American manufacturers to thrive without significant foreign competition.
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