China is building huge auto plants in Mexico, Trump criticises

by times news cr

2024-07-22 22:11:09

Donald TrumpRepublican candidate and former US president criticized that something bad is happening in Mexico when China is bringing huge car plants.

The New York tycoon who seeks to return to being the president of the United States accused that Mexico is allowing too much to enter Chinese investment in it automotive section threatening jobs and their industry.

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In an interview broadcast by Businessweek en BloombergThe Republican said he wants them to build businesses and instead stay in the United States.

“I want them to build here. That’s the other thing tariffs do. If you impose duty to companies, they will build here, because they will not want to pay the tariff.”

He insisted that negative things are happening in Mexico, “bad things are happening.” He pointed out that Chinese investments in Mexico will soon leave Mexicans unemployed. unionized workers in the UAW (the American auto workers union).

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He commented that North America gains nothing from the Chinese making their cars in Mexico and then wanting to sell them all in USA.

He went further and criticized the nearshoringsaid it would be best if all factories were relocated to the United States.

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“That wasn’t going to happen in my time, you know why? Why I stopped all that, everyone was moving to Mexico. They were building in Mexico, they didn’t have taxes to pay and they’re selling them in the United States. There wouldn’t even have been a automovile industry If I had not prevented that.”

MSA

2024-07-22 22:11:09

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