Chinese Companies Putting US Companies Out of Business?

Chinese Companies Putting US Companies Out of Business?

NTD Business
NTD Business
11 Video Views·Feb 27, 2024

Concerns growing over cheap Chinese auto parts making their way to the U-S from Mexico, now there are calls to block those imports.

The Alliance for American Manufacturing warns Chinese-made parts could threaten American car companies and lead to plant closures and job losses.

The group believes China is trying to take advantage of a trade deal between the U-S and Mexico, which gives preferential treatment to vehicles and parts made in Mexico.

The renewed concern comes after China-based B-Y-D announced plans to open an E-V factory in Mexico.

The group is calling on the U-S government to block the imports of low-cost Chinese autos and parts from Mexico.