The U.S. government should block the import of low-cost Chinese autos and parts from Mexico, a U.S. manufacturing advocacy group said on Friday, warning they could threaten the viability of American car companies.
18 points
The issue is they’re wanting to sell $30,000 cars for $15,000 (with the rest paid for by the Chinese government)
[Citation needed]
China ended its national level domestic EV subsidies in 2022 so it makes very little sense to subsidize foreign buyers for 50% of the cost of a vehicle while cutting subsidies for domestic consumption which is much more economically and socially advantageous.
