The Chinese have never been able to purchase American cars in China! It is rare to find American made due to the tariffs that are being decreased. President Xi agreed with President Trumps terms about the tariffs! This is amazing news for the American economy!
The American car manufacturing is coming back to America! Now, with the Chinese reducing the tariffs, similar to ours, the American car market should explode. This means more jobs too! This is a smart time to invest in American car companies. According to USA Today, 20 American car companies will benefit with the new market!
Many millionaires have been created in China over the past few decades and this is an untapped market. The Chinese want American products, but these have been very limited. The population of China is 1.3 billion. China has 2.4 million, millionaires and that was in 2013!
With Chinese desire for American cars and 2.4 million people that can afford them, is seems that the sales will increase very quickly! If you are considering a new car, NOW may be the time! It is suspected that we will see prices for new American cars to rise over the next year or two!
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