Thai pickups threaten Big Three
Free trade agreement could add a new Asian rival in what's been a Detroit stronghold
By Lisa Zagaroli; Detroit News, Washingtom bureau
A free trade agreement being negotiated between the United States and Thailand could place the Asian nation alongside Japan, Korea and China as a major threat to U.S. automakers and American manufacturing jobs, officials say.
Thailand is the second-largest producer of pickup trucks in the world. The United States currently has a 25 percent tariff on all imported light trucks.
If the tariff were removed on vehicles exported to the United States from Thailand, Japanese and other automakers with assembly plants there could compete much more effectively for American truck buyers.
Thailand has long been an offshore manufacturing center for toyota; one could almost call it a sort of "banana republic" as far as toyota is concerned. thailands manufacturing and trade plicy are virtually dictated to, from Toyota City, Japan! can you imgine what toyota can do once this becomes law (as it most certainly will!)