Thursday, May 24, 2018 1:10:09 AM
Here is the take on why the cheeto has decided this:
"Mexico exports the most passenger cars to the U.S., followed by Canada, Japan, Germany and South Korea, according to U.S. data. Industry observers saw this latest move as a U.S. tactic to pressure Mexico and Canada to move quickly to agree to an overhaul the North American Free Trade Agreement. Rules for regional content in cars have been one of the major sticking points in the Nafta discussions."
So the cheeto is going to pick a fight with the country that sees value in and needs this companies product. Prepare to lose money and thank the cheeto.
See the last 10Q for details on how trumps Nafta threats can blow up everything.
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