Feb 16 • 10:54 UTC 🇶🇦 Qatar Al Jazeera

Financial Times: Car Companies Fear China's Entry into the American Market

American car manufacturers are concerned about potential Chinese competition in the U.S. auto market, which is the second-largest in the world, following President Trump's encouragement for Chinese companies to build factories in the U.S.

American automakers are wary of the impending competition from Chinese car manufacturers in the U.S. market, which stands as the second-largest automotive market globally. This concern follows President Donald Trump's recent comments advocating for the establishment of Chinese factories in the United States during his visit to the automotive capital, Detroit. Trump expressed enthusiasm for seeing Chinese firms setting up operations in America, emphasizing a shift in manufacturing dynamics that could disrupt local industry.

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