3 ms·
You think the import tariffs on Chinese cars is going to come down any time soon? Or that American politics would change such that USA would accept a large numb
by dragontamer 3y ago
You think the import tariffs on Chinese cars is going to come down any time soon? Or that American politics would change such that USA would accept a large number of such cars?
If not.... then no. USA pretty much doesn't have to worry about it.
USA can afford higher car prices, and it's a political tradeoff that's really easy to make right now. I'm willing to bet on higher such tariffs if Chinese car prices drop any further.
- jbm 3y agoI understand where you are coming from, but it isn't that simple. American investors are very, very much into overseas expansions. Assuming the cars BYD puts out really are that good (which is a big if), this could seriously damage exports. The US market is the most valuable, so these companies will survive, but the stock will not thrive.
- dragontamer 3y agoSome investors are. Other investors are keen on just preventing this Chinese deflation / possible Chinese recession from destroying our own portfolios. Tesla is exporting Gigafactory Shanghai Tesla's to Europe right now IIRC.