
Donald Trump, in an interview with Fox News, expressed his readiness to welcome Chinese car factories in the US, while denying reports about plans to admit Chinese cars as part of the agreement with Beijing.
AI-generated summary
Chinese-made cars are currently not sold in the U.S., although Mexico and Canada have allowed their presence and production. Michigan politicians warn of threat to domestic companies.
If China wanted to come in and set up a factory to make their cars here, I wouldn't mind, Trump said in an interview with Fox News that aired on Friday.
He said that Japanese car companies also have their factories in the United States. The most important thing is that they employ our people, he emphasized.
The factories are already there – just abroad
At the same time, Trump denied the rumors repeated by Democrats that he intended to introduce Chinese cars to the American market as part of a broader agreement with China. The president said it was a "completely made up rumor" and he hadn't even heard anything about it.
Politicians - especially from Michigan, where the automotive industry is located - warn that the entry of Chinese cars into the market would destroy domestic companies. Trump agreed with this assessment, adding that, among others, they suffer because of this. German companies such as Mercedes.
Currently, cars from China are not sold in the United States. However, Mexico has allowed them - Chinese car factories will also be built in the country - and Canada made a similar move this year in the face of a dispute with the United States.
Trump claims to have revived the US automotive industry
"I revived, even saved, the American auto industry. It's thanks to what I did with tariffs," he said in late August.
Trump on Truth Social. Time magazine, however, notes that U.S. automakers are bearing the brunt of Trump's policies. Since Trump returned to the White House, production, sales and employment in the industry have declined. Experts warn that the escalating trade conflict with Canada could further weaken the sector worth about $1.2 trillion and reduce its competitiveness on the global market.
AI outlook — possibilities, not facts
The escalation of the trade conflict with Canada will weaken the automotive sector in the US
Likely · Within months

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