Ford Cancels Plans To Move US Factory To Mexico Due To Trump ... (Hint: China)

[WolfpackN64]

Cobretti2 said:

WolfpackN64 said:

If there really is an unfair advantage because overseas manufacturing is way cheaper, you can always raise the import tax to somewhat protect the local industries.

Well they aleady do have like a 30% import tax on cars. If you push any more then all cars would cost 40-60k. Not many people will buy a car for that price.

Now that Ford and GM will be gone soon, those taxes will drop and cars will be even more cheaper.

Part of the car manufacturers problem is their monopoly and cartel-forming tendencies. GM is too big and inneficiënt for it's own good and relocating is not going to help. I'm for an import tax, but you can't solve corporate incompetance through an import tax, no matter how high.