Trump and Xi to meet this week amid U.S. auto industry warnings over Chinese automakers' market access
President Donald Trump is scheduled to host Chinese President Xi Jinping on Thursday and Friday, with U.S. automakers and lawmakers urging the administration to maintain restrictions on Chinese vehicles and manufacturers. Industry experts warn that allowing Chinese automakers, such. as BYD, into the U.S. market could be a “Pandora's box,” potentially overwhelming the domestic industry. Chinese brands' global market share jumped nearly 70% from 2020 to 2025, reaching 12% in the EU by August from virtually nothing in 2020.
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Source:CNBC头条 · Source Link
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