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Restrictions which constrained the growth of the market, but frankly since 2017 the market for automobiles has not been a global market, it pete that year at 28.9 million, last year was 26.9 million so the demand has gone down and in particular the shift to electrification has caused the gasoline powered vehicles to decline significantly. that puts a lot of pressure on the factories that appeared up to sell those vehicles and if you can t sell them in china, the outlook for other markets. them in china, the outlook for other markets. you mentioned the shift to other markets. you mentioned the shift to electric other markets. you mentioned the shift to electric cars - other markets. you mentioned the shift to electric cars so - the shift to electric cars so does that mean the majority of those cars exported are still combustion engines?- those cars exported are still combustion engines? more than three quarters. combustion engines? more than three quarters. i combustion engines ....
Not been a growth market, it peaked that year at 28.9 million, last year was 26.9 million so the demand has gone down and in particular the shift to electrification has caused the gasoline powered vehicles to decline significantly. are geared up to sell those vehicles and if you can t sell them in china, the outlook for other markets. you mentioned the shift to electric cars so does that mean the majority of those cars exported are still combustion engines? more than three quarters. i think the world is waiting for the affordable chinese evs to arrive but before that happens you ll get a lot of affordable gasoline powered vehicles. seven of the top ten chinese exporters are state owned, not ev disruptors. byd, arguably the most ....
Unemployment rate among youth, that could affect car sales going forward step bill that is certainly a drag on demand. last year we had supply chain restrictions, which constrained the growth in the market, but frankly, since 2017, the market for automobiles has not been a growth market, it peaked that year at 28.9 million units, and last year 26.9 million. so the demand has gone down, in particular the shift to electrification has caused the gasoline powered vehicles to decline significantly. that puts a lot of pressure on the factories that are geared up to sell those types of vehicles, and if he cancel them to china,. you mention a shift towards electric cars. does that mean that meant the majority of those cars exported are still combustion engines? more than three quarters. the world is kind of waiting for the affordable chinese cars to arrive, but it before that ....
Reasons reasons and i sympathise with those reasons 0h reasons and i sympathise with those reasons. on the pitch it has produced reasons. on the pitch it has produced some real dramas and sharks produced some real dramas and sharks. and i think tomorrow will be a proper sharks. and i think tomorrow will be a proper classic. sharks. and i think tomorrow will be a preper classic- a proper classic. thank you as alwa s a proper classic. thank you as always both a proper classic. thank you as always both of a proper classic. thank you as always both of you a proper classic. thank you as always both of you for - a proper classic. thank you as always both of you for the - a proper classic. thank you as | always both of you for the time being. it s safe to say rebecca you want be one of the 26.9 million expected to watch. but item fair game that you are. for the time being guys we will see you in about 30 minutes time where we have our next edition of the papers and bring you ....
The united states is the world s largest steel importer. 26.9 million metric tons of steel imported into the u.s. in 2017. here is the interesting thing. if you thought this was all about china, the top ten sources of steel imports in the u.s., they are not china. number one is canada. brazil, south korea, ten of the top 12 are allies of the u.s. aluminum, china s number three. canada, 43%, the number one exporter into the u.s. of aluminum. what about this and where it heads? let s bring the panel. mike allen, cofounder of axios. katie pavlich, mo elleithee. my, there s a big battle on this issue. the president campaigned on it. shouldn t be a surprise. ....