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Stock impact report

Congress Wants to Ban Chinese Cars, But They're Already Driving Into Texas [Yahoo! Finance]

BYD CO LTD UNSP/ADR (BYDDY) 
NASDAQ:AMEX Investor Relations: byd.cn/bydenglish/investor
Company Research Source: Yahoo! Finance
U.S. lots: new cars under . The EX2 electric crossover costs roughly twenty grand. The Emgrand sedan? Seventeen thousand. Both pack 360-degree cameras, advanced infotainment, and build quality that would make Detroit nervous. Luis Hernandez , a Geely salesman, confirms what El Paso dealers already know: Mexican citizens and dual nationals regularly drive these vehicles across the border. Legal? Absolutely. Available for purchase by U.S. residents? Absolutely not. This creates the automotive equivalent of Netflix's geo-blocking problem—except the content on the other side actually costs less and works better. The Great Wall of Tariffs U.S. lawmakers push for total Chinese automotive isolation. America's response involves building higher walls. Senator Bernie Moreno's proposed legislation would “hermetically seal” the U.S. market—blocking vehicles from Mexico and Canada if they contain Chinese components, banning joint ventures, and forcing Geely to divest Volvo and Polestar b Show less Read more
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