U.S. Dealers in Full Panic Mode After Canada Green-Lights Chinese Cars
thedrive.comCar dealers are parasites. If Chinese cars contribute to their death in some way, then it may be worth it to let them in.
> "It’s bad for our industry, it’s bad for our country, it’s bad for consumers."
Translates to - we know our products can’t compete on the world stage, and we’re screwed unless protections keep out competitors.
It’s bad for our industry, it’s bad for our country, it’s bad for consumers.
Translation: It's bad for the auto industry. Everyone else --- not so much.
It's pretty humorous to watch it play out. The US overplayed a hand it thought it had, and is simply unhappy with the "Find Out" component. Ah, well, it'll be an interesting natural macro and trade experiment.