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Trump says he would be OK with China building cars in US

Source: reuters.com

Trade Policy & Supply ChainAutomotive & EVElections & Domestic Politics
Trump says he would be OK with China building cars in US

President Donald Trump said he would not oppose Chinese automakers building vehicles in the United States, diverging from widespread opposition among U.S. lawmakers and domestic auto companies. The stance could improve long-term market-access prospects for Chinese manufacturers while raising competitive pressure and political risk for incumbent U.S. automakers.

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