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US should block cheap Chinese auto imports from Mexico, US makers say (www.reuters.com)

submitted 8 months ago by [email protected] to c/[email protected]

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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.

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[–] [email protected] 18 points 8 months ago

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.