US VS China Trade War Truce - Who Benefits
- 5 years ago
Superpower China VS US Trade War Truce - Who Benefits?
https://www.youtube.com/channel/UCXXiTL5lJs745itIIYYYolQ?sub_confirmation=
The answer might surprise you. Two of Germany’s largest car makers stand to be immediate beneficiaries of a reduction in trade tensions between the U.S. and China. Currently, America's automakers export more of their cars to China than it imports from that market, and BMW AG and Daimler AG lead the way with their American-made cars. Over the years, both companies have invested heavily in the U.S. to build factories that supply not only American drivers but also the export markets, including China.
https://www.youtube.com/channel/UCXXiTL5lJs745itIIYYYolQ?sub_confirmation=
The answer might surprise you. Two of Germany’s largest car makers stand to be immediate beneficiaries of a reduction in trade tensions between the U.S. and China. Currently, America's automakers export more of their cars to China than it imports from that market, and BMW AG and Daimler AG lead the way with their American-made cars. Over the years, both companies have invested heavily in the U.S. to build factories that supply not only American drivers but also the export markets, including China.