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submitted 2 months ago by Assian_Candor@hexbear.net to c/news@hexbear.net

https://www.wired.com/story/china-conquers-mexican-automotive-market-and-the-us-is-worried/

deng-salute

State department hand wringing that China is going to use the US trade agreements as they were designed is chefs-kiss

I fully expect them to redo these with "except china" clauses.

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[-] JayTreeman@hexbear.net 13 points 2 months ago

This is the likely outcome. China would still make most of the parts, and they'll be assembled in Mexico. It's going to destroy US and Canada auto manufacturing. ... I live in Canada, and the writing is on the wall. Our entire economy relies on housing market go up. Canada is going to be 'third world' in 20 years. Pockets of good services surrounded by utter poverty.... I had brown outs this weekend. I live in a population center.

this post was submitted on 03 Sep 2024
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