They are used to pry open markets from which your own products are defended.
US companies pay 25% for every car sold in China. Ergo, we sell no cars in China. China pays no such tariff, nor does Europe.
That’s going to change.
I know. It was a rhetorical question aimed at the open border/free trader crowd.
“They are used to pry open markets from which your own products are defended.
US companies pay 25% for every car sold in China. Ergo, we sell no cars in China. China pays no such tariff, nor does Europe.
That’s going to change.”
It probably won’t because GM makes and sells over one million Buicks a year in China.