Good!
Lol. Every single one of these countries engaged in extreme protectionism against American products. When Trump fights back the Wall Street looters all scream, “Protectionism.”
Eff them.
More winning!
I had people telling me I did not know what I was talking about here on FR when I mentioned this going on a few months ago.
Our President agrees with me.
Guess they’ll have to try cis-shipment instead.
The collateral damage in all this will be General Motors. They signed an engineering and production agreement with a Chinese partner who later got 51 percent of the proceeds on all vehicles sold in the US and ALL of the proceeds sold in third countries. The capstone of the plan was for China to produce GM-badged cars in Mexico. I don’t think any of that is going to happen now, and GM basically gave up the engineering technology to the Chinese partner.
https://youtu.be/guAxFDafF1o?si=QeNDYJRdXZ7gGDgS