Auto industry urges Trump to bar Chinese automakers in U.S. ahead of Xi visit
Leaders of six major auto trade groups joined to sign a letter to the president.
TL;DR
- U.S. automotive industry groups have collectively urged President Trump to maintain policies that block Chinese automakers.
- The industry fears that allowing Chinese automakers into the U.S. would undermine fair competition and jeopardize domestic manufacturing.
- Chinese automakers are heavily subsidized by their government and are expanding globally.
- The letter represents a unified coalition of trade associations representing major automakers and franchised dealers operating in the U.S.