Four years after the United States-Mexico-Canada trade agreement (USMCA), Mexico and the U.S. face the prospect of cheap Chinese electric vehicles dominating a fast-growing market and undermining GM, Ford, and Tesla.
Why is the US so worried to the point of applying a hilariously high 100% tariff? Don’t claim security concerns because if that was really the case then they’d outright ban them instead of resorting to tariffs.
Why is the US so worried to the point of applying a hilariously high 100% tariff? Don’t claim security concerns because if that was really the case then they’d outright ban them instead of resorting to tariffs.