It does make sense to import cars from China and export cars to the US... Chinese imports are cheap whereas US exports are expensive. So its a win win for the Mexican consumer and Mexican manufacturer.
It does make sense to import cars from China and export cars to the US... Chinese imports are cheap whereas US exports are expensive. So its a win win for the Mexican consumer and Mexican manufacturer.
Every Chinese car import that the Mexican consumer buys is a lost sale for the Mexican producer. It’s not a win-win, it’s a redistribution.
If Mexican manufacturers cannot sell their cars in Mexico, then the Mexican manufacturers must sell more cars to America, which will result in a price war.
It does make sense to import cars from China and export cars to the US... Chinese imports are cheap whereas US exports are expensive. So its a win win for the Mexican consumer and Mexican manufacturer.
Every Chinese car import that the Mexican consumer buys is a lost sale for the Mexican producer. It’s not a win-win, it’s a redistribution.
If Mexican manufacturers cannot sell their cars in Mexico, then the Mexican manufacturers must sell more cars to America, which will result in a price war.