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Ford's pact with Chinese EV battery maker is a sucker punch to American taxpayers

Por: MarketWatch Politics February 27, 2023

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Who is right? The U.S. has always welcomed foreign direct investment (FDI). The U.S. is the largest destination globally for FDI at almost .  FDI is a for the economy, creating 5.3 million jobs, boosting wages, and increasing productivity.  It also — generally — strengthens U.S. manufacturing. But in the case of Ford and CATL, such benefits are unlikely. This joint-venture appears to be constituted to allow Ford to harvest the tax... + full article



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