Auto Sales In China Soar, Thanks In Part To A Tax Cut
http://www.forbes.com/sites/jackper...oar-thanks-in-part-to-a-tax-cut/#164278cc3852
Chinese auto market as the No. 1 auto market, handsomely beating No. 2 auto market with (24.6 m vs. 17.2 m in 2015), is still under rapid growth. Trump just has no balls to increase the tariff for China since he desperately need Chinese auto market to boost US jobs. He only has balls for Japan and Korea which rely on exports but with domestic market nearly closed.
http://www.forbes.com/sites/jackper...oar-thanks-in-part-to-a-tax-cut/#164278cc3852
Chinese auto market as the No. 1 auto market, handsomely beating No. 2 auto market with (24.6 m vs. 17.2 m in 2015), is still under rapid growth. Trump just has no balls to increase the tariff for China since he desperately need Chinese auto market to boost US jobs. He only has balls for Japan and Korea which rely on exports but with domestic market nearly closed.