U.S. auto industry urges Trump to block Chinese automakers

  • U.S. auto industry groups urged President Donald Trump to block Chinese automakers from entering the country.
  • Bipartisan bills to ban Chinese automakers from the U.S. are moving through Congress.
  • Michael Dunne warned that Europe’s influx of Chinese vehicles could be repeated in the U.S.

The U.S. auto industry is urging President Donald Trump to prevent Chinese automakers from entering the country ahead of his planned meeting with Chinese President Xi Jinping. Legislators have also asked Trump to maintain existing restrictions as bipartisan bills to ban Chinese automakers from the U.S. move through Congress. Michael Dunne, an expert on China’s automotive industry and a former General Motors executive, warned that Europe has experienced a flood of Chinese vehicles and that a similar development could occur in the U.S. The article references GM, STLA and TSLA.

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U.S. auto industry urges Trump to block Chinese automakers - CoinPost Terminal