Trump welcomes China to build cars in US in departure from Biden
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Former president Donald Trump expresses openness for Chinese automakers to build cars in the US to boost the economy, signaling a departure from the Biden administration's approach. Trump mentions that large factories are being built in Mexico by China to make cars for the US market, but he wants those plants to be built in the US instead. He threatens to impose tariffs as high as 200% on each car to prevent them from entering the country. Trump's comments align with his previous remarks in March welcoming Chinese auto companies to build plants in the US. In contrast, Biden has scrutinized vehicles with links to China and has sought to exclude firms with Chinese government ownership from tax benefits. Both Trump and Biden want to appear tough on Beijing as they potentially face each other in the November election. Trump also vows to end an "electric vehicle mandate" on day one if he takes office.
#DonaldTrump #JoeBiden #UschinaTrade #Automakers #Tariffs #ChineseGovernment #ElectricVehicles
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