Can Automakers Afford Trump's U.S. Jobs Pressure?

Can Automakers Afford Trump's U.S. Jobs Pressure?

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the investment strategies of carmakers in the US, highlighting the competition among companies to announce investments, particularly around events like the Detroit Auto Show. It examines GM's decision to produce in Mexico, emphasizing the importance of NAFTA and the challenges of shifting production. The discussion also covers the cost competitiveness of US versus Mexican labor, the potential impact of tax strategies to bring jobs back to the US, and the global uncertainty affecting the auto industry, including factors like Brexit and US trade policies.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does the US auto industry face in terms of labor costs?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does trade balance play in the US auto industry's current situation?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the uncertainty surrounding Donald Trump's policies affect car manufacturers?

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