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But cars from foreign manufacturers "made" in Mexico or Canada can be exported to the U.S. per NAFTA, like everyone's doing now. The Chinese are currently build
by hn_submit 3mo ago
But cars from foreign manufacturers "made" in Mexico or Canada can be exported to the U.S. per NAFTA, like everyone's doing now. The Chinese are currently building loads of EV car factories in Mexico in the hope they can export them North when this Administration ends.
Fat chance.
- llm_nerd 3mo agoYou can't assemble a bunch of imported parts and say it's a NAFTA car. 75% of the content of the vehicle has to come from North America. There are other limits on the minimum labour cost and steel/aluminum content. So no, they are secretly planning to relabel a Chinese car. Nothing works like that.
- hn_submit 3mo agoYou can do a lot of flexible accounting to attain that 75% percentage. The value of the Mexican parts are exaggerated whilst the Chinese parts are valued far below cost.
- llm_nerd 3mo agoUh, sure... Earlier you said- "But cars from foreign manufacturers "made" in Mexico or Canada can be exported to the U.S. per NAFTA, like everyone's doing now" Which cars are those? Can you tell us? Give us one. I'm referring to this notion that they're all secretly just foreign parts skirting into the US. I mean, you know Toyotas and Hyundais and various other "foreign" manufacturers are in the US and then ship their cars to Canada and Mexico, right?
- bigbadfeline 3mo ago> The Chinese are currently building loads of EV car factories in Mexico in the hope they can export them North There's no reason to assume that China is looking North, in fact, they appear to be looking South (America) much more than North - there's mutual benefit from that trade and either side would be fools to miss it.