Cheap Chinese exports swamp Latin America, putting local industry under strain
Forrás:
Euronews.com
2 napja
China is flooding Latin American markets with low-priced exports, particularly in cars and e-commerce goods, as it adjusts to US tariffs. This influx is benefiting consumers but hurting local businesses, leading to job losses and increased trade deficits. Countries like Mexico, Brazil, and Argentina are struggling to protect their industries while facing rising imports from China. Despite some pushback through tariffs, the economic relationship remains crucial for both sides. Teljes cikk (Euronews.com)