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www.marketwatch.com/...2018-12-02

In 2017, the U.S. exported about 250,000 new and used autos to China, according to the U.S. Census Bureau, worth about $10.5 billion. By comparison, Americans bought more than 17 million vehicles last year, according to Automotive News.

While General Motors Co. GM, +3.24% and Ford Motor Co. F, +0.43% sell a good number of vehicles in China, most of those are built through joint ventures at Chinese plants, and unaffected by the 40% tariffs.

For example, Ford said it sold nearly 939,000 vehicles in China from January 2017 to October 2017 — but only 2% of those were imported from the U.S.

China has been GM’s largest market for the past six years, the company said, selling more than 4 million vehicles in 2017, and like Ford, the vast majority of those are built in China.

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