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Senator Stabenow claims that the US is not trying to limit Japanese car sales

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The chicken tax “insulated Ford and GM from European competition for light trucks for more than 50 years,” it said. Mark Perry, professor of economics at the University of Michigan’s Flint campus, in an email. “Of course, Toyota and Nissan and other foreign automakers make trucks here to avoid the 25 percent tax, but domestic trucks like the Ford F-Series, Chevy Silverado and Ram pickups have maintained. superior market share to trucks from foreign automakers, which I think is a direct result of the protected 25% tariff [them] from foreign-made trucks from the 1960s. And trucks like the Ford F-Series are making big profits for Ford, largely from the high prices they can specify, which again I assume it’s the result of the chicken tax.”

https://www.washingtonpost.com/politics/2021/11/19/stabenows-claim-that-us-does-not-try-limit-japanese-vehicle-sales/?utm_source=rss&utm_medium=referral&utm_campaign=wp_politics Senator Stabenow claims that the US is not trying to limit Japanese car sales

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