Expert: U.S. is out of sync with market demand

Talks continue between the United Auto Workers union and the "Big Three" U.S. auto makers over pay raises, but still no deal. The United Auto Workers union warns that a historic industrial action will expand, and they will do whatever they have to do if the top three auto manufacturers do not raise their wage offers. Einar Tangen, senior fellow at the Taihe Institute, says the U.S. is out of sync with market demand, as the global auto industry is seeking a transition to clean energy.

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