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Date: Thu, 10 Dec 1998 19:54:29 GMT
From: meyer_bnopsamejanews.com
Subject: US import quotas??? [was: Who cares about "Volvo World Record"]


In article <74otka$i0$1nopsam.news.technocom.net>, "Adrian" <anorthnopsamhil.co.uk> wrote: > Let me get this right? An AMERICAN is complaining about protective trade > policies????????? > Get a life and look at your own 'free' market - British Quota taken by > Jaguar & Rolls Royce!!! > I bet VW Only gets a look in because they build the things across the border > in Mexico, otherwise BMW & Merc would get all Germany's quota (And STILL > Have to not supply the market!). > Why do you think so many companies now build in the US? What??? I'm sorry, but the only quotas on auto imports to America are the "voluntary" ones the Japanese agreed to quite some time ago, and which have fallen into disuse. Import duties on cars in American are also the lowest in the world (although imports on trucks are higher). Rover, Fiat, Peugeot and other European cars disapeared from the American market because what they sold here was junk, unable to compete even with domestic US cars, to say nothing of Japanese ones. America's auto market is open to any company that cares to meet US standards, and those that do come from Japan, Sweden, Korea, England, Mexico, Canada, the UK, Germany, Italy and others. The UK and the EC, on the other hand, have exorbitant duties on imported cars, which is the only way companies like Fiat, Rover and the like can get away with selling the second rate vehicles they make. Companies build in the US because it's cheaper to make them here than it is to make them in Germany/Japan and ship them. In case you haven't noticed, the European auto industry has the highest cost salary/benefits structure in the world. Your knowledge of economics and trade are severly limited, my friend. -----------== Posted via Deja News, The Discussion Network ==---------- http://www.dejanews.com/ Search, Read, Discuss, or Start Your Own

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