Subject: Re: Self-inflicted trade injuries
In the mean time, Prime Minister Mark Carney of Canada visited Beijing this week, the first visit of a Canadian prime minister to China since 2017. On Friday, Canada broke with the U.S. and struck a major deal with China, cutting its tariff on Chinese electric vehicles in exchange for China’s lowering its tariffs on Canadian canola seed. Carney posted on social media: “The Canada-China relationship has been distant and uncertain for nearly a decade. We’re changing that, with a new strategic partnership that benefits the people of both our nations.”

Oh it’s so much more than that, it’s the camel’s nose in the tent of trade and investment between the two countries.

While the US was at first fearful of Japanese cars, we found that bringing their production to the US created tens of thousands of good paying jobs. There are plants by Toyota, Honda, Nissan, Kia & Hyundai (Korean) and others throughout the South paying good wages and supporting local economies.

Now let’s ask, which country is China most likely to invest in and build an auto manufacturing facility in? Oh sure, China will hem and haw and prefer to keep all the production in China and ship cars by the thousands and offload from a boat, but within a few years they will be announcing plans to build factories and cars, and employ locals and source materials locally, and given what I've read about the Chinese cars, they will be successful.

How many Chinese manufacturing facilities do you think will be built in the US?

Let’s take a poll:

A: zero
B: 0
C: None