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The original one week Trump threat to raise tariffs by tomorrow has just been postponed. Thanks to Forbes:

Forbes said:
Trump Delays New European Union Tariffs To July 4
BySara Dorn,

May 07, 2026, 03:37pm EDT

President Donald Trump on Thursday delayed tariffs on European Union exports until July 4 to give the EU time to meet the terms of the trade deal reached with the U.S. last year. Trump announced the decision after what he described as a “great call” with the president of the European Commission, Ursula von der Leyen.

Trump announced last week he was raising tariffs on vehicles imported from the European Union from 15% to 25%, accusing the EU of failing to comply with the trade deal.
https://www.forbes.com/sites/saradorn/2026/05/07/trump-delays-new-european-union-tariffs-to-july-4/
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CoolDadLo

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As if anything ever really goes down!? As an aside my MB coupe just went over $100 for the weekly fill up. Never before seen prices. June can’t come soon enough. Get your Taycans /ev’s NOW. 25% pending tariff increase is absolutely insane…not to mention the demand is rising too. $$$$$$
 
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I was across the street talking to two friends who both drive large ICE pickups. Fill ups are costing each $150+ weekly. For one their entire family’s gas bills now exceed $250 every week.
 

FlyingPoint

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As if anything ever really goes down!? As an aside my MB coupe just went over $100 for the weekly fill up. Never before seen prices. June can’t come soon enough. Get your Taycans /ev’s NOW. 25% pending tariff increase is absolutely insane…not to mention the demand is rising too. $$$$$$
The 1979 gas prices were about the same (inflation adjusted). At least folks are not waiting in gas lines, only to be rationed at the pump to 5 gallons.
 

SteveDC

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As if anything ever really goes down!? As an aside my MB coupe just went over $100 for the weekly fill up. Never before seen prices. June can’t come soon enough. Get your Taycans /ev’s NOW. 25% pending tariff increase is absolutely insane…not to mention the demand is rising too. $$$$$$
The head of my dealership told me recently that the standard Porsche corporate practice is to raise new car prices about 3% each year. I had enquired about pricing after the Supreme Court decision striking down T’s original raft of tariffs. The dealer informed me that when T imposed the tariffs on European auto imports, management of Porsche made the decision to eat the tariffs, not passing them along. I have no independent knowledge whether this was or remains the actual state of affairs. The guy who told me knows his business and was credible. It’s a local DC area franchise, which buys the vehicles it sells from Porsche And then resells to retail customers. A franchise is the business model in my area, he said.
 


CoolDadLo

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Price increases always get passed down one way or another. Hence the gas price increase as of now. As far as dealerships, they get passed down via less incentives and simply inflation.

Ahh the joys of life. 3% is about the US cost of living increase each year. Too bad, none of that delta year over year goes to my car. That’s fixed to other investments. ICE cars only for my non daily use now….and maybe forever!
 

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Taco bruh
 

69Mach390

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The 1979 gas prices were about the same (inflation adjusted). At least folks are not waiting in gas lines, only to be rationed at the pump to 5 gallons.
And in 2008 gas prices were the same……. Not inflation adjusted.

Even with the current spike in prices, gas is still relatively cheap.

Luckily this is predictably a very short term spike. The oil is there, we just can’t get it until they open the straight.

After it’s opened oil prices will predictably tank because we will have a surplus and nowhere to store it.

Fracking made oil much cheaper to drill for for the foreseeable future. No need to panic.

As for the tariffs? No one takes the high % threats seriously, just the same boring negotiation tactic. Wash rinse repeat. Porsche prices won’t go up 25%. Feel free to quote me in July. 🤷‍♂️

Despite all the huffing and puffing, the tariff formula for the US is quite simple:

We need their stuff, they need our money, we will work it out.
 


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But don't forget today is a new day........
Tariffs may change again by lunchtime.

The set quota of daily 'deals' must be met, even if it means tearing up previous 'deals' to make new 'deals'.

As they say - 'a deals a deal' (until its not).
😄
 
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Dresz981

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And in 2008 gas prices were the same……. Not inflation adjusted.

Even with the current spike in prices, gas is still relatively cheap.

Luckily this is predictably a very short term spike. The oil is there, we just can’t get it until they open the straight.

After it’s opened oil prices will predictably tank because we will have a surplus and nowhere to store it.

Fracking made oil much cheaper to drill for for the foreseeable future. No need to panic.

As for the tariffs? No one takes the high % threats seriously, just the same boring negotiation tactic. Wash rinse repeat. Porsche prices won’t go up 25%. Feel free to quote me in July. 🤷‍♂️

Despite all the huffing and puffing, the tariff formula for the US is quite simple:

We need their stuff, they need our money, we will work it out.
"Even with the current spike in prices, gas is still relatively cheap."

Relative to when/what?
 

69Mach390

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"Even with the current spike in prices, gas is still relatively cheap."

Relative to when/what?
Historical pricing adjusted for inflation.

$4/gallon was expensive in 2008. Today? Actually right in line with inflation.

YMMV based on government taxes based on where you live though.
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