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Georgia Howe

πŸ‘€ Speaker
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9015 total appearances
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Podcast Appearances

Morning Wire
The Race to Stop Chinese Cars

And the other thing with the Chinese cars is there's no unions.

Morning Wire
The Race to Stop Chinese Cars

So when they're building cars, their costs are dramatically less.

Morning Wire
The Race to Stop Chinese Cars

And that's why getting parts and pieces and components from other countries and bringing them here can be a problem because it literally impacts our economy.

Morning Wire
The Race to Stop Chinese Cars

Well, for a while, Canada was actually on board.

Morning Wire
The Race to Stop Chinese Cars

They had 100% tariff on all Chinese cars, just like we do here in the U.S.

Morning Wire
The Race to Stop Chinese Cars

Recently, I guess it's more political and a little gamesmanship.

Morning Wire
The Race to Stop Chinese Cars

Canada is going to let 49,000 cars into the U.S., which also opens up some interesting things because those cars won't be allowed into the U.S.,

Morning Wire
The Race to Stop Chinese Cars

So you could buy them in Canada, but you can't own them here in the U.S.

Morning Wire
The Race to Stop Chinese Cars

And that also goes through with Mexico.

Morning Wire
The Race to Stop Chinese Cars

They're selling Chinese cars there today.

Morning Wire
The Race to Stop Chinese Cars

You can drive them across just as a guest and visiting, but you can't own them here in the U.S.

Morning Wire
The Race to Stop Chinese Cars

You can't register them within the states.

Morning Wire
The Race to Stop Chinese Cars

So what President Trump has done is left the tariff in place.

Morning Wire
The Race to Stop Chinese Cars

And so if you want to build cars here in North America, great.

Morning Wire
The Race to Stop Chinese Cars

build a plant here.

Morning Wire
The Race to Stop Chinese Cars

Not all the car brands like that, by the way.

Morning Wire
The Race to Stop Chinese Cars

There are many car brands that are pushing against that because the Japanese and the Koreans have invested heavily here in the U.S., mostly Hyundai Corporation.

Morning Wire
The Race to Stop Chinese Cars

They've got a steel plant they're putting in outside of New Orleans.

Morning Wire
The Race to Stop Chinese Cars

You've got plants that, I was just at the Savannah plant for Hyundai, huge facility.

Morning Wire
The Race to Stop Chinese Cars

And they use some Chinese components,