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To: TwelveOfTwenty

The whole point of Trump’s tariff fight is that most other foreign companies are exercising unfair competition...that is, their governments are either subsidizing or actually own those companies.

Obama tried to implement that model here with his massive GM bailout, which was essentially a government takeover of GM. They still make a lousy product, guided by ideology rather than consumer demand or quality expectations, and even with a billion dollars of our money, they’re still going down. I read someplace that they are going to be building in China now, but I’m not sure this is true.


22 posted on 11/27/2018 3:50:53 PM PST by livius
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To: livius

The Chinese car market is 20-30 million cars per year, larger than the US market. China requires mostly Chinese production. Of course globalist GM will build there instead of the chaotic USA.


38 posted on 11/27/2018 4:25:32 PM PST by jjotto (Next week, BOOM!, for sure!)
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