Sunday, September 9, 2018

"If the U.S. sells a car into China, there is a tax of 25%. If China sells a car into the U.S., there is a tax of 2%.

Via Billy
Image result for "If the U.S. sells a car into China, there is a tax of 25%. If China sells a car into the U.S., there is a tax of 2%.

President Trump said Sunday that Ford's decision to scrap its previous plans to sell a Chinese-made vehicle in the U.S. because of his administration's tariffs was "just the beginning."

"'Ford has abruptly killed a plan to sell a Chinese-made small vehicle in the U.S. because of the prospect of higher U.S. Tariffs.” CNBC. This is just the beginning," Trump tweeted Sunday, apparently quoting a CNBC article.

"This car can now be BUILT IN THE U.S.A. and Ford will pay no tariffs!" he added.

More @ The Hill

No comments:

Post a Comment