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What goods are we exporting to them?
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Trump's latest tariffs wef 1 Aug - Msia tio 25%, Indonesia 32%, SG escaped Heng Ah!
- Thread starter Hightech88
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There is nothing to panic about tarriffs, Singaporeans are not paying. Just do your own business, as usual, Americans are footing the bills anyway. If they don't buy from you because of their own tariffs, their daily life activities will come to a halt. A good leader should be able to stay calm and ignore Trump's shenanigans.
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BYD is cancelling plans to build a plant in Mexico to export to the US. But they're going ahead with a factory in Brazil.
America's loss, Brazil's gain. That's how Trump's stupid tariffs are screwing up choices for your average Joe who's stuck with limited choice and high prices due to Tesla's EV monopoly.
BYD, the world’s largest electric vehicle manufacturer, has canceled plans to build a significant factory in Mexico due to growing concerns over US trade policy. The automaker cited the potential impact of American tariffs on Mexico-made vehicles as a key factor.
Geopolitical issues have a big impact on the automotive industry,” said Stella Li, an executive vice president at BYD, in an interview with Bloomberg. “Now everybody is rethinking their strategy in other countries. We want to wait for more clarity before making our decision.”
America's loss, Brazil's gain. That's how Trump's stupid tariffs are screwing up choices for your average Joe who's stuck with limited choice and high prices due to Tesla's EV monopoly.
BYD cancels Mexico EV factory plans amid US tariff and labor concerns
BYD halts Mexico expansion over US tariff uncertaintyBYD, the world’s largest electric vehicle manufacturer, has canceled plans to build a significant factory in Mexico due to growing concerns over US trade policy. The automaker cited the potential impact of American tariffs on Mexico-made vehicles as a key factor.
Geopolitical issues have a big impact on the automotive industry,” said Stella Li, an executive vice president at BYD, in an interview with Bloomberg. “Now everybody is rethinking their strategy in other countries. We want to wait for more clarity before making our decision.”
When America is burning, its immeidate neighbours will go down with it. Wise for PRC to move all its goods and planted elsewhere.
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