Why Americans Can't Buy Cheap Chinese Electric Vehicles
wsj.com
wsj.com
But its also satisfying to watch American companies that snuffed out poorer local competitors world over, for 4-5 decades arm twisting and bribing govts to drop protection, now on the receiving end.
I don't see the trend changing unless there is gigantic drop in healthcare, housing and education costs of labour. The US needs many more changes over and above protection to be competitive again.