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Tag Archives: automotive trade issues
Collision Course – Trump, Mexico, NAFTA
Despite what appears to be Trumps ill-informed trade views – if they are informed at all – CAR using data, not diatribes, observes that the major reason for this rapid growth of the auto industry in Mexico comes from the injection of $13.3 billion in investment to move 3.3 million units of vehicle capacity from Japan, Germany, and South Korea to Mexico Continue reading
Chinese April Sales Soft – EV Exports Threaten Global Trade
AutoInformed notes here that the Biden Administration’s Inflation Reduction Act is actual a climate change and industrial policy bill that has global trade implications among US allies, trading partners and hostile states – say Russia and China. This is leading to the creation of a new term that will replace “offshoring” in trading and policy jargon. How about “friend shoring,” which is starting to emerge in automotive circles. Continue reading →