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
As you said, this would require an additional action.
And to me it looks like it can’t be done by EO and would have to be a legislation. And during trump very few legislations got passed even when they had a majority.
The restrictions on sale through Mexico can be implemented when it actually is a problem.
I found an article where they announced a factory in Mexico, but it first have to be built. The news also appears to be before the sanctions were announced. So if that factory was meant for US market this could change their plans, as adding 100% sanctions signals determination to plugin other loopholes.
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
As you said, this would require an additional action.
And to me it looks like it can’t be done by EO and would have to be a legislation. And during trump very few legislations got passed even when they had a majority.
The restrictions on sale through Mexico can be implemented when it actually is a problem.
I found an article where they announced a factory in Mexico, but it first have to be built. The news also appears to be before the sanctions were announced. So if that factory was meant for US market this could change their plans, as adding 100% sanctions signals determination to plugin other loopholes.