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"Chinese consumers for the first time last year bought more Cadillacs than Americans did, .... *PIC*

Posted By: Stimer
Date: Sunday - May 12,2019 16:19

Source: David J. Lynch - The Washington Post

helping drive profits at General Motors. And though the designs for those Cadillacs may have been drafted in Detroit, nearly all of the luxury automobiles were assembled in China by some of GMís nearly 60,000 local workers."

"This growing dynamic ó of American companies serving Chinese consumers with products made in China ó marks a shift in global trade that could pose a significant challenge to President Trumpís 'America First' agenda."

"Trump has based his to refashion economic relations with China on the well-established notion that the country undercut American workers through low-wage manufacturing of goods exported to the United States."

https://www.washingtonpost.com/business/economy/as-trump-fights-with-china-over-trade-us-china-economic-relationship-already-being-redefined/2019/05/11/009319c4-6b79-11e9-a66d-a82d3f3d96d5_story.html?utm_term=.c65a1812e99a

====================================

It's great to see that corporate Americans at General Motors are getting wealthier. That was Humpty's slogan - "Make America's Rich Wealthier"

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Messages In This Thread

"Chinese consumers for the first time last year bought more Cadillacs than Americans did, .... *PIC* (views: 16)
Stimer -- Sunday - May 12,2019 16:19
2 go with that. . . (views: 10)
MillRatUSMC aka Ricardo -- Monday - May 13,2019 04:42
It's called corporate welfare .... *PIC* (views: 16)
Stimer -- Monday - May 13,2019 05:54
Advice from dildo PoTUS. . . *PIC* (views: 17)
LongGone -- Monday - May 13,2019 08:46

 

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