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.
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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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.