Trump's tariffs appear to be working

It would appear that President Donald Trump's use of tariffs - or even just the threat of their use - is paying off. 

Fox Business reports that the CEO of the Nissan care manufacturer recently revealed that the company may be forced to relocate due to Trump's tariffs.

If true, then Trump is essentially getting his way.

This is because one of the purposes of the tariffs is to get companies to open up shop in America.

Background

Trump has already implemented many different tariffs. His most recent order, on the subjected, employs a "reciprocal" tariff policy.

Fox Business, separately, reported:

President Donald Trump on Thursday signed a plan for the U.S. to look at implementing "reciprocal" tariffs against countries that tax or limit markets for American goods. Trump said he did not expect any exemptions or waivers for the plan, which could apply to both adversaries and allies.

The outlet goes on to quote Trump.

Trump said:

On trade, I have decided for purposes of fairness, that I will charge a reciprocal tariff — meaning whatever countries charge the United States of America, we will charge them no more, no less. In other words, they charge us a tax or tariff and we charge them the exact same tax or tariff. Very simple. In almost all cases they are charging us vastly more than we charge them, but those days are over

Trump did admit that this may - or may not - cause prices to rise in the short term, but he argued that, in the long term, America will be better off.

Nissan relocating?

It appears that Nissan, due to Trump's tariffs, is thinking about moving to the United States.

CEO Makoto Uchida recently said:

From Mexico to the U.S., we are exporting a significant number of cars this fiscal year[…] 320,000 units are exported from Mexico to the U.S., and if the high tariffs are imposed, we need to be ready for this, and maybe we can transfer the production of these models elsewhere if this were the decision, we will think how we can make it a reality while monitoring the situation.

This is a translation of what Uchida, who is Japanese, said.

This, of course, would be a huge move.

Fox reports, "The move could be a major blow to Mexico’s auto production sector, as nearly 670,000 vehicles were made by Nissan in the country last year, with over 456,000 of those being exported."