President Trump's visit to China highlights a key tension for American decision makers: how to manage China’s growing prowess in sectors like the auto industry.
I don’t see what that answer could be even hypothetically and if Trump wasn’t a moron.
USA is not the world leader in production anymore, that ship has sailed. Now China is the leader in production, and USA is mostly a service based economy.
So cars isn’t even the major problem, technology is.
Before the Japanese entered the market, and put a serious dent in US car manufacturing, American automakers were the biggest in the world, now the biggest American car manufacturer is GM at no. 5 internationally down from no. 4 in 2024.
Most likely USA will decline further because of the Chinese makers, that have not entered top 5 on production yet, but almost definitely will very soon.
USA is still significant with Ford following directly after GM. But the current home market GM and Ford are operating in, could make it even harder for them to compete internationally, as USA is somewhat held out of international trade by the Trump Tariffs, and those tariffs make production in USA more expensive.
So international competition by GM and Ford will be from factories outside of USA. But still disadvantaged because they can’t make international deals to cover all their factories.
Be careful of those numbers - while the US isn’t world leader in production, the US has continuously gone up in production, just that others have gone up even more. You don’t see this because employment in manufacturing is way down, but production is still up. It no longer looks like we make anything, but the numbers show we make more than when we were world leaders.
I don’t see what that answer could be even hypothetically and if Trump wasn’t a moron.
USA is not the world leader in production anymore, that ship has sailed. Now China is the leader in production, and USA is mostly a service based economy.
So cars isn’t even the major problem, technology is.
Before the Japanese entered the market, and put a serious dent in US car manufacturing, American automakers were the biggest in the world, now the biggest American car manufacturer is GM at no. 5 internationally down from no. 4 in 2024.
Most likely USA will decline further because of the Chinese makers, that have not entered top 5 on production yet, but almost definitely will very soon.
USA is still significant with Ford following directly after GM. But the current home market GM and Ford are operating in, could make it even harder for them to compete internationally, as USA is somewhat held out of international trade by the Trump Tariffs, and those tariffs make production in USA more expensive.
So international competition by GM and Ford will be from factories outside of USA. But still disadvantaged because they can’t make international deals to cover all their factories.
Be careful of those numbers - while the US isn’t world leader in production, the US has continuously gone up in production, just that others have gone up even more. You don’t see this because employment in manufacturing is way down, but production is still up. It no longer looks like we make anything, but the numbers show we make more than when we were world leaders.