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Old 04.12.2018, 11:23
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marton marton is offline
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Re: Will Trump be a Good President?

Quote:
Isn't the 40% import tax on US vehicles a complete red herring anyway - it seems most big manufacturers (GM, Tesla, etc) have plants inside China making and selling the vast majority of "foreign" cars, which are not subject to such taxes anyway.
Exactly, 40% import tax is a bee in Trump's bonnet but reducing it probably would not make much, if any, difference.

The only big US manufacturer to ship in quantity from US to China (oddly) is BMW.

Technical point, Tesla's plant in China is some years from completion.

It is also forecast that Ford will lay off 25,000 world wide, expect a tweet storm!!