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re: Do you think it is fair that Chinese automakers can use Mexico to ship cars tax free?
Posted on 3/19/24 at 9:58 am to Vacherie Saint
Posted on 3/19/24 at 9:58 am to Vacherie Saint
quote:
they will jump all over the Chinese crap and never look back.
Nope
US automakers will be forced to adapt and become leaner, more cost efficient and will put lower pressure on auto prices.
Competition is the cornerstone of free enterprise. Without it, you get runaway prices and monopolies.
Posted on 3/19/24 at 9:59 am to RogerTheShrubber
quote:
US automakers will be forced to adapt and become leaner, more cost efficient and will put lower pressure on auto prices.
In a free market, yes.
In a protectionist market, they can continue to drive cost up and quality down.
Posted on 3/19/24 at 10:04 am to RogerTheShrubber
No they wont. they cant survive and compete with the Chinese unless we are willing to tear down the unions and every labor law and green energy racket ever written. Then you get bailouts and everything gets worse.
Don't fool yourself. The Chinese aren't competing on even ground. They steal IP, they abuse labor, and manipulate currency. There are things that need to be sorted out before any pure market competition could benefit the consumer and this move violates the spirit of NAFTA. Fair trade first, free trade second.
Don't fool yourself. The Chinese aren't competing on even ground. They steal IP, they abuse labor, and manipulate currency. There are things that need to be sorted out before any pure market competition could benefit the consumer and this move violates the spirit of NAFTA. Fair trade first, free trade second.
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