The US President 'verbally accepts' Chinese car companies building factories in the US, experts: the actual effect of his remarks remains to be observed

Trump can accept Chinese car companies building factories in the United States, "Reuters reported on the 12th, stating that despite widespread opposition from US Congress members and car companies, the US president said he would not oppose Chinese car manufacturers building factories in the United States.

According to the Congressional Hill, the above remarks were made by Trump on a Fox News channel program on the 11th. If China wants to come in and open a factory here to make cars, I have no problem, "Trump said." Japan also does the same, the key is that they hire our people

Bloomberg reported that Trump denied claims that he may allow cars made in China to be imported into the United States, stating that if existing restrictions are lifted, the domestic market in the United States may be "washed away". According to Reuters, Trump also stated that he does not approve of the model of Chinese car companies building factories in Mexico and exporting cars to the United States, "but I am not belittling Chinese cars.

Bloomberg reported that through high tariffs and restrictions imposed by the US Department of Commerce on Chinese connected cars and vehicle software entering US markets, "Chinese cars are effectively excluded from the US market. As Chinese electric vehicle manufacturers establish themselves in markets such as Canada and Mexico, American car manufacturers are facing concerns.

Just before Trump stated that he "does not oppose Chinese car companies building factories in the United States," US media reports on Chinese car companies were still focused on US Transportation Secretary Sean Duffy's public letter to Ford CEO Jim Farley, expressing "deep concern" about Ford's cooperation with multiple Chinese companies. Duffy claimed that this "involves the integrity of the US national automotive manufacturing industry, supply chain risks, and dependence on foreign competitors' technology." Reuters and other foreign media interpreted it as the US government demanding that Ford "cut off cooperation with Chinese companies. According to the Wall Street Journal, Ford subsequently refuted Duffy's accusations with a "strongly worded" public statement.

Zhang Xiang, a visiting professor at Huanghe University of Science and Technology, told Global Times reporters on the 13th that there is a difference in attitude between the US government and car companies in the face of strong competition from Chinese car companies. The US government is increasingly using a one size fits all approach to prevent Chinese new energy vehicles from entering the US market, while some car companies still value cooperation with Chinese companies. Trump's latest statement of "accepting Chinese companies to build factories in the United States" is consistent with his previous emphasis on the return of manufacturing to the United States, but the actual effect of this statement remains to be observed.

In response to the US Secretary of Transportation's public "pressure" on Ford, a spokesperson for the Chinese Embassy in the United States recently told the media, calling on the US to respect the laws of the market economy and the principle of fair competition, abandon ideological biases, stop politicizing economic and trade issues, and create a favorable environment for economic and trade cooperation between the two countries.