financetom
Business
financetom
/
Business
/
Auto industry groups urge Trump to keep Chinese autos out of US
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Auto industry groups urge Trump to keep Chinese autos out of US
Mar 13, 2026 2:51 PM

WASHINGTON, March 13 (Reuters) - Major auto trade groups urged the Trump administration to keep Chinese carmakers out of the U.S., raising concerns ahead of President Donald Trump's planned meeting with Chinese President Xi Jinping, according to a letter seen by Reuters.

The groups raised "serious concerns about China's ongoing efforts to dominate global automotive manufacturing and to gain access to the U.S. market. These actions pose a direct threat to America's global competitiveness, national security, and automotive industrial base."

A 2025 U.S. Commerce Department cybersecurity regulation effectively keeps nearly all Chinese vehicles out of the U.S. market and the five groups representing automakers, car dealers and parts manufacturers said it should be maintained.

The Chinese Embassy in Washington did not immediately comment.

"We also strongly urge the Administration to reject any attempt by Chinese manufacturers to circumvent these existing restrictions by establishing production facilities in the U.S.," said the letter dated Thursday from the Alliance for Automotive Innovation, National Automobile Dealers Association, American Automotive Policy Council and other groups. "The market distortions and risks to the auto industry in the U.S. are fundamentally the same whether these vehicles are imported or produced domestically."

In January, Trump said he was open to Chinese automakers building vehicles in the United States. "If they want to come in and build a plant and hire you and hire your friends and your neighbors, that's great, I love that," he told the Detroit Economic Club.

In December, the Alliance for Automotive Innovation, which represents General Motors ( GM ), Ford, Toyota Motor ( TM ), Volkswagen, Hyundai, Stellantis ( STLA ) and other major automakers said "China poses a clear and present threat to the auto industry in the U.S" and urged Washington to prevent Chinese government-backed automakers and battery manufacturers from opening U.S. manufacturing plants.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Codelco hikes 2026 European copper premium to record $345/T
Codelco hikes 2026 European copper premium to record $345/T
Oct 16, 2025
LONDON, Oct 16 (Reuters) - Chile's Codelco, the world's largest copper miner, is offering to sell the metal at a record premium of $325 a metric ton to its European customers next year, a 39% jump from this year, according to three copper market sources. Premiums set by Codelco for physical delivery of copper are paid on top of the...
Singapore Mulls Powers to Block Content on Online Platforms
Singapore Mulls Powers to Block Content on Online Platforms
Oct 16, 2025
04:46 AM EDT, 10/16/2025 (MT Newswires) -- Singapore's ministries of law and digital development and information proposed a new law Wednesday that they said would empower victims of online harms to seek timely relief and obtain redress. This will be achieved through the creation of a new online safety commission, or OSC, that would administer a reporting mechanism that will...
Form 8.3 - UNITE Group PLC/The
Form 8.3 - UNITE Group PLC/The
Oct 16, 2025
LONDON--(BUSINESS WIRE)--   FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: Qube Research & Technologies Limited (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of...
Dragonfly Energy Shares Decline Premarket After Launch of Share Offering
Dragonfly Energy Shares Decline Premarket After Launch of Share Offering
Oct 16, 2025
04:51 AM EDT, 10/16/2025 (MT Newswires) -- Dragonfly Energy ( DFLI ) shares were down more than 14% in premarket activity Thursday after the company announced overnight that it is launching an underwritten public offering of common shares and pre-funded warrants. The company expects to grant the underwriter a 30-day option to purchase up to an additional 15% of securities...
Copyright 2023-2026 - www.financetom.com All Rights Reserved