100% tariff on cars imported from China makes them unsellable. However there’s a free trade agreement with Mexico so GM and Ford can use the cheap labor.
Many people have pointed that out as a loophole and BYD has announced a factory on Mexico. If we wanted to block importing Chinese cars from Mexico, while still allowing GMs and Fords, we’d have to take additional action. This just means both candidates have vowed they would
Aren’t those already banned by Biden?
100% tariff on cars imported from China makes them unsellable. However there’s a free trade agreement with Mexico so GM and Ford can use the cheap labor.
Many people have pointed that out as a loophole and BYD has announced a factory on Mexico. If we wanted to block importing Chinese cars from Mexico, while still allowing GMs and Fords, we’d have to take additional action. This just means both candidates have vowed they would