China’s Auto Parts Makers Muscling In; One Raided By Homeland
After a generation of making cars with Western automakers, China has evolved into an electric vehicle (EV) force to be reckoned with.
After a generation of making cars with Western automakers, China has evolved into an electric vehicle (EV) force to be reckoned with.
Tariffs that began in 2018 have not destroyed the U.S. economy. The stock market did not crash. Tariffs weren’t the cause of inflation either. And many manufacturing industries from kitchen cabinets in Alabama to solar in Ohio are thriving because of them.
China’s predatory auto industry is a direct threat to American auto manufacturers and the hundreds of thousands of hard-working men and women that rely on this critical industry.
By Charles Benoit, CPA Trade Counsel All nations with a domestic car industry want to come out ahead in the transition to electric vehicles (EVs).
CPA Trade Counsel argues that if not for tariffs, Volvo wouldn’t be making cars in Charleston. We’d have Buick Envision-type deals of Detroit automakers making in China instead.