ishtat
Literotica Guru
- Joined
- Aug 29, 2004
- Posts
- 5,782
I doubt it. They already supply a vast quantity of parts to US car makers and will not want to prejudice that market by inviting still higher tariffs. In addition, their first priority is their domestic market which is the same size as the European and North American markets combined. Finally East Asia, particularly Thailand, Vietnam, Indonesia, Malaysia, represents a local market emerging from 3rd world economic status - and these are 500 million potential new customers on their doorstep.The CCP is moving into Mexico to flood us with cheap EVs.
Europe is a more likely target for the Chinese because China is the most important export market for Mercedes BMW and VW. therefore Tariff retaliation is less likely.