This is simply over the top central planning and demonstrates once again that Trump has no understanding of the basic economic principle of comparative advantage.General Motors is sending Mexican made model of Chevy Cruze to U.S. car dealers-tax free across border. Make in U.S.A.or pay big border tax!— Donald J. Trump (@realDonaldTrump) January 3, 2017
This is a quite alarming indication of what is going to happen to free trade under Trump---it is going to collapse.
I am forced to add this is Neandrethal.
On top of it all, apparently, Trump has fake information.
JUST IN : GM says Chevy Cruze, which Trump earlier criticized for being "Mexican made" & sold "tax free across border", is made in Ohio. pic.twitter.com/QKBOHxLN9j— CNBC Now (@CNBCnow) January 3, 2017
GM tells me 190,000 Chevy Cruzes sold in US last year. 4,500 were hatchback model built in Mexico. Rest were made in USA.— Ylan Q. Mui (@ylanmui) January 3, 2017