Re:General Motors to Lay Off 2,000 Employees in Ohio and Mic...
by sfifs on Thursday November 10, 2016 @10:23AM
(#12921096)
India actually uses a rather simple strategy to keep car jobs. We simply tax all car imports at 100%. Full car kit imports that need to be assembled in India are taxed at a lower rate and companies that manufacture and setup local supply chains get tax concessions. Guess how global car manufacturers respond.
In a labor heavy supply chain like car manufacturing, it still boggles my mind why major consumer markets like the US would allow easy car imports at all.
In a labor heavy supply chain like car manufacturing, it still boggles my mind why major consumer markets like the US would allow easy car imports at all.