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tooltalk
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Comments by "tooltalk" (@tooltalk) on "Trade war: Trump hits Mexico, China u0026 Canada with tariffs – with Oren Cass" video.
The US imports about 40% of all vehicles sold locally -- in China, it's just over 2%. In China, foreign automakers are required to build cars locally in a JV to transfer their tech to a local JV partner; Tesla being the only exception to this rule in the past 40+ years.
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No need to pretend that China is all about pro-consumer or their cost-competitive advantage comes from efficiency or innovation.
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from managed trade to fair trade, which is another way of saying managed trade.
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