It just so happens that the Chink is correct.
Ford and GM and Stelantis are all in trouble. Ford stock is a miserable $12. No body wants to buy it.
GM makes no profit on cars sold in North America. GM profit comes from sales in China. GM minority ownership in China is over and so are the profits.
I am interested in the notion of 100% tariffs on China cars made in Mexico. Is there going to be 100% tariffs on Mexican Fords and GM cars as well.
The blood bath is already in process as the water is now filling the tub.
Unless Trump overcomes the election theft.