Ford's New Deal Shows How 'Unfair' Trade With China Can Be

Ford's New Deal Shows How 'Unfair' Trade With China Can Be
Chinatopix via AP

The Chinese auto market is designed to make domestic manufacturing a requirement. If a company attempts to export cars to China, it will face a 25 percent tax; however, the company can avoid tariffs by building the cars it intends to sell in country. For this reason, Ford intends to produce luxury cars in Chongqing.

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