The U.S. government should block the import of low-cost Chinese autos and parts from Mexico, a U.S. manufacturing advocacy group said on Friday, warning they could threaten the viability of American car companies.
US labor can’t really compete with the low cost of Chinese labor. On the other hand, it’s not like US automakers are making small affordable EVs, even though there is a demand for them. Imported Chinese EVs fill that niche and also contain things like strategic metals, rare earth magnets, and lithium battery tech. All of that is recyclable, and they want to sell it to America for super cheap prices. If we were smart, when these cars are done being cars, we’ll reuse and recycle these materials right here in the USA. That could be a growth industry unto itself.
