PREVIEW: MEXICO: PRC: Conversation with colleague Mary Kissel of Hudson Institute regarding the new President Claudia Sheinbaum of Mexico and the PRC plan to build a vehicle manufacturing facility in her country to avoid US tariffs on underpriced China-m
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 8 October 2024
⏱️ 2 minutes
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1909 Mexico
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| 0:00.0 | This is John Bachelor, conversation with my colleague Mary Kessel, Executive Vice President |
| 0:05.5 | Stevens Incorporated, now at the Hudson Institute, about the talk, the plan for the People's |
| 0:12.2 | Republic of China to build a manufacturing center in Mexico |
| 0:16.5 | to build BYIDs, the vehicle that's being dumped on Europe and dumped on America unless there are tariffs |
| 0:25.2 | raised that defend the public from the subsidized and cynical way China has dominated manufacturing these last years. It may be |
| 0:37.9 | talking Mexico and maybe not. Mary addresses that on the basis of Amlow's government and now the new president |
| 0:44.6 | Claudia Shinebaum on the basis of the Biden administration and the potential for a |
| 0:50.7 | new president in 25 either Ms Harris or Mr. Trump, is Mary Kisele on the cynicism |
| 0:58.6 | of the Chinese factory floor, using Mexico as a conduit to avoid the US defending itself from dumping. |
| 1:07.0 | More of this tonight. |
| 1:11.0 | I don't think it's tough talk I think Mexico wants Chinese investment but they don't |
| 1:16.5 | believe that Mexico that China is their enemy they see benefit in that |
| 1:21.5 | those capital improvements and I don't think that the United States |
| 1:27.8 | stands right now has very much leverage over Mexico at all. |
| 1:32.2 | That may change if President Trump is once again reelected. He's |
| 1:35.7 | shown a propensity to punish nations that don't do what he wants and he means what |
| 1:41.2 | he says. That's very clear. |
| 1:43.2 | So it may be a different conversation |
| 1:44.8 | if you see a second Trump presidency. |
| 1:47.4 | But you're right, John, that kind of nearshoring |
| 1:51.9 | of Chinese companies to evade our tariff regime is a big problem and we need to address it. |
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