31 October 2017

The Chinese Juggernaut Continues To Run Strong, Leaving The US, Europe Behind

Manish Singh

They have to lower tariffs. They open up telecommunications for investment. They allow us to sell cars made in America in China at much lower tariffs. They allow us to put our own distributorships there. They allow us to put our own parts there. We don’t have to transfer technology or do joint manufacturing in China anymore. This a hundred-to-nothing deal for America when it comes to the economic consequences.

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