On June 13, I noted The EU Taxes Vehicles from China that its Own Companies Make
Eurointelligence: The trickle-down profit margins that permeated through German industry will be a thing of the past. The new cars will have fewer components, and fewer German-made components. This is the reason why the decline in cars constitutes a decline in industry and in the economy – to the extent that countries depend on it. Germany is one of those.
On October 5, I noted Buy American Provisions Cost $125,000 Per Job Created
“Buy America” sounds great. But it’s costly and about to rise steeply.
One wonders how idiotic tariff policy can get. Competition is stiff between Biden, the EU, Harris, and Trump.
By Zerohedge.com
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Publish date : 2024-10-08 12:00:00
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