U.S. President Donald Trump’s repeated advocacy for investment by Chinese carmakers ahead of his summit with Chinese President Xi Jinping later this week is raising the alarm for Hyundai Motor Group, experts and industry officials said Tuesday.
While Chinese automakers are still viewed as unlikely to enter the U.S. vehicle market in the near term due to lingering regulatory barriers, Trump’s outward support for Chinese investment in U.S. manufacturing could eventually reshape the competitive landscape, particularly in the electric vehicle (EV) sector.
2. How is this related to the sub
(1) Electric Vehicle: Trump’s advocacy for Chinese EV in America is raising alarms in Hyundai Motor, which fears a competition in the US market. Unlike their production lines which were hindered by ICE raids against immigrants, it is reported that Trump is giving preferential treatment to Chinese carmakers to promote domestic production of Chinese EV.
3. My opinion
Is Trump really an “anti-China” President?
Presidentclash2 on
Maybe maybe if China can get the US and Iran to find a new nuclear deal, than the US in exchange can lower tariffs on Chinese ev
ExtremelyMedianVoter on
If Trump let’s me buy a BYD car, I might have to hand it to him.
Please don’t make me hand it to him I’m just an easily influenced median voter.
halee1 on
Guys, you think maybe Trump is doing the bidding of foreign rulers over the welfare of America?
4 Comments
1. Summary
U.S. President Donald Trump’s repeated advocacy for investment by Chinese carmakers ahead of his summit with Chinese President Xi Jinping later this week is raising the alarm for Hyundai Motor Group, experts and industry officials said Tuesday.
While Chinese automakers are still viewed as unlikely to enter the U.S. vehicle market in the near term due to lingering regulatory barriers, Trump’s outward support for Chinese investment in U.S. manufacturing could eventually reshape the competitive landscape, particularly in the electric vehicle (EV) sector.
2. How is this related to the sub
(1) Electric Vehicle: Trump’s advocacy for Chinese EV in America is raising alarms in Hyundai Motor, which fears a competition in the US market. Unlike their production lines which were hindered by ICE raids against immigrants, it is reported that Trump is giving preferential treatment to Chinese carmakers to promote domestic production of Chinese EV.
3. My opinion
Is Trump really an “anti-China” President?
Maybe maybe if China can get the US and Iran to find a new nuclear deal, than the US in exchange can lower tariffs on Chinese ev
If Trump let’s me buy a BYD car, I might have to hand it to him.
Please don’t make me hand it to him I’m just an easily influenced median voter.
Guys, you think maybe Trump is doing the bidding of foreign rulers over the welfare of America?