Jeep starting Cherokee production in China

Bailouts rock….

Cherokee China

Truth About Cars:

The 2014 Cherokee could be the first Jeep produced in China in nearly 6 years. Jeep CEO Mike Manley said that the Cherokee was an “obvious choice” for local production, as Jeep looks to expand its customer base in China.

Manley noted that the Cherokee could double Jeep’s current 46,000 unit sales. Local production would allow Jeep to avoid import tariffs on the new model, which according to Jeep, has proved overwhelmingly popular in consumer clinics. Currently, the Compass accounts for just over 70 percent of Jeep sales in the country.

More from Chinese Car Times – LINK.

And while China has tariffs on our goods, they are suing us in the WTO to stop all of our tariffs (another treaty we should never have gotten involved in because international enforcement would be pretty much one way against the United States).

Washington Post

China asks WTO to block U.S. tariffs

China has turned to the World Trade Organization to help block U.S. tariffs on 22 types of Chinese products, including solar panels, pipes for oil wells, coated paper and steel wheel hubs.

The Chinese appeal to the WTO takes aim at the U.S. Commerce Department, which has recently imposed stiff duties on Chinese products. The department has cited Chinese subsidies, especially those funneled through state-owned enterprises, that it says give Chinese firms an edge over American competitors.

About Chuck Norton

Political issue strategist and communications professional. I write about politics, education, economics, morality and philosophy.
This entry was posted in 2012 Primary, Budget, Econ, Jobs, Obama, Taxes, True Talking Points and tagged , , , , . Bookmark the permalink.

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