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US should block cheap Chinese auto imports from Mexico, US makers say
(www.reuters.com)
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Chuckles, "Yep, only American manufacturers should be allowed to cheaply build cars in Mexico and export them to the US."
The issue is they're wanting to sell $30,000 cars for $15,000 (with the rest paid for by the Chinese government) which sounds great as a consumer until all the other manufacturers exit the market due to the impossibility of competing with those subsidies. Once they eliminate the competition, they'll start selling these $30,000 cars for $50,000+ because "fuck you who else are you going to buy from?" That's not to say the current crop of manufacturers aren't fucking us over too but this isn't how you eliminate that problem. You're just trading one bully who steals your lunch money for another.
Well, you can buy from another China's auto company or other country's car company. Or maybe it will make your country allocate budget from something big and destructive to the world and reallocate them to the failing auto industry?