{"id":11935,"date":"2024-07-19T11:35:48","date_gmt":"2024-07-19T11:35:48","guid":{"rendered":"https:\/\/topat10.com\/?p=11935"},"modified":"2024-07-19T11:35:48","modified_gmt":"2024-07-19T11:35:48","slug":"trump-invites-chinese-automakers-to-build-cars-in-the-u-s-and-says-ones-they-build-in-mexico-will-be-hit-with-tariffs-up-to-200","status":"publish","type":"post","link":"https:\/\/topat10.com\/?p=11935","title":{"rendered":"Trump invites Chinese automakers to build cars in the U.S.\u2014and says ones they build in Mexico will be hit with tariffs up to 200%"},"content":{"rendered":"\n<div data-cy=\"article-content\">\n<p>Former President Donald Trump has reiterated an openness for Chinese automakers to build cars in the US as a way to boost the economy, signaling a potentially different approach from a Biden administration that has sought to keep out vehicles with links to the country.<\/p>\n<div class=\"paywall\">\n<p>\u201cRight now as we speak, <a href=\"https:\/\/fortune.com\/2024\/06\/27\/low-priced-china-evs-mexico-plants-america-auto-industry\/\" target=\"_self\" aria-label=\"Go to https:\/\/fortune.com\/2024\/06\/27\/low-priced-china-evs-mexico-plants-america-auto-industry\/\" class=\"sc-82aca549-0 klXAci\" rel=\"noopener\">large factories just are being built across the border in Mexico<\/a>\u201d by China to make cars to sell in the US, Trump said in an address at the Republican National Convention in Milwaukee on Thursday. \u201cThose plants are going to be built in the United States and our people are going to man those plants,\u201d he said, adding that he would otherwise slap tariffs as high as 200% on each car to prevent them from entering the country.<\/p>\n<p>The comments are similar to\u00a0<a href=\"https:\/\/www.youtube.com\/live\/XGJwCUHVgc0?si=3ABddoD2ZoCuRhpS&amp;t=1953\" target=\"_blank\" aria-label=\"Go to https:\/\/www.youtube.com\/live\/XGJwCUHVgc0?si=3ABddoD2ZoCuRhpS&amp;t=1953\" rel=\"noreferrer noopener\" class=\"sc-82aca549-0 klXAci\">remarks<\/a>\u00a0he made in March at a Ohio rally welcoming Chinese auto companies to build plants in the US, without naming any firms. China\u2019s largest EV maker BYD Co. is looking to\u00a0<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-06-21\/byd-mexico-plant-will-create-10-000-jobs-executive-says\" target=\"_blank\" aria-label=\"Go to https:\/\/www.bloomberg.com\/news\/articles\/2024-06-21\/byd-mexico-plant-will-create-10-000-jobs-executive-says\" rel=\"noreferrer noopener\" class=\"sc-82aca549-0 klXAci\">set up<\/a>\u00a0one of the largest auto factories in Mexico.<\/p>\n<p>Both Trump and Biden seek to keep made-in-China cars from entering the US to protect domestic manufacturers. But the Republican candidate appears to take a more transactional approach when it comes to Chinese companies building cars in the US.<\/p>\n<p>Biden, in contrast, has broadly scrutinized vehicles with links to China, including potentially those made outside the country. The Biden administration has tried to\u00a0<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-03-26\/china-files-wto-complaint-over-us-electric-vehicle-subsidies\" target=\"_blank\" aria-label=\"Go to https:\/\/www.bloomberg.com\/news\/articles\/2024-03-26\/china-files-wto-complaint-over-us-electric-vehicle-subsidies\" rel=\"noreferrer noopener\" class=\"sc-82aca549-0 klXAci\">exclude<\/a>\u00a0firms at least 25% owned by a Chinese government entity from benefiting from tax credits. It has also launched an\u00a0<a href=\"https:\/\/www.commerce.gov\/news\/press-releases\/2024\/02\/citing-national-security-concerns-biden-harris-administration-announces\" target=\"_blank\" aria-label=\"Go to https:\/\/www.commerce.gov\/news\/press-releases\/2024\/02\/citing-national-security-concerns-biden-harris-administration-announces\" rel=\"noreferrer noopener\" class=\"sc-82aca549-0 klXAci\">investigation<\/a>\u00a0into cars with software made in China that could compromise the data and safety of US citizens.\u00a0<\/p>\n<p>Both men want to look tough on Beijing as they head toward a potential election rematch in November. Trump referred to Covid-19 as the \u201cChina virus\u201d during the rally, to roaring applause from the audience, as he recalled his trade negotiations with the Chinese government during his stint in the White House.<\/p>\n<p>Trump also vowed to end an \u201celectric vehicle mandate\u201d on day one if he takes office. While the Biden administration has no such mandate, critics of new air-pollution limits issued by the Environmental Protection Agency have said they would illegally force automakers to sell EVs.<\/p>\n<\/div>\n<div class=\"sc-83cd12c6-0 dTdzGq article\" data-cy=\"subscriptionPlea\"><strong>Recommended Newsletter: <\/strong>CEO Daily provides key context for the news leaders need to know from across the world of business. Every weekday morning, more than 125,000 readers trust CEO Daily for insights about\u2013and from inside\u2013the C-suite. <a href=\"https:\/\/www.fortune.com\/newsletters\/ceo-daily?&amp;itm_source=fortune&amp;itm_medium=article_tout&amp;itm_campaign=finance\" target=\"_self\" aria-label=\"Go to https:\/\/www.fortune.com\/newsletters\/ceo-daily?&amp;itm_source=fortune&amp;itm_medium=article_tout&amp;itm_campaign=finance\" class=\"sc-82aca549-0 klXAci\" rel=\"noopener\">Subscribe Now<\/a>.<\/div>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Former President Donald Trump has reiterated an openness for Chinese automakers to build cars in the US as a way to boost the economy, signaling a potentially different approach from a Biden administration that has sought to keep out vehicles with links to the country. \u201cRight now as we speak, large factories just are being [&hellip;]<\/p>\n","protected":false},"author":202,"featured_media":11936,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[123],"tags":[],"class_list":["post-11935","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Trump invites Chinese automakers to build cars in the U.S.\u2014and says ones they build in Mexico will be hit with tariffs up to 200% | Unlock Informed Choices with Us<\/title>\n<meta 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President Donald Trump has reiterated an openness for Chinese automakers to build cars in the US as a way to boost the economy, signaling a potentially different approach from a Biden administration that has sought to keep out vehicles with links to the country. \u201cRight now as we speak, large factories just are being&hellip;","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/topat10.com\/index.php?rest_route=\/wp\/v2\/posts\/11935","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/topat10.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/topat10.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/topat10.com\/index.php?rest_route=\/wp\/v2\/users\/202"}],"replies":[{"embeddable":true,"href":"https:\/\/topat10.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11935"}],"version-history":[{"count":0,"href":"https:\/\/topat10.com\/index.php?rest_route=\/wp\/v2\/posts\/11935\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/topat10.com\/index.php?rest_route=\/wp\/v2\/media\/11936"}],"wp:attachment":[{"href":"https:\/\/topat10.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/topat10.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/topat10.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}