US industry, lawmakers plead with Trump: Don't open door to Chinese cars at Xi summit
- Posted on May 11, 2026
- By Business News Today
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- 1 min read
US industry, lawmakers plead with Trump: Don't open door to Chinese cars at Xi summit
U.S. industry groups and bipartisan lawmakers are urging President Trump not to allow Chinese auto investments, citing concerns over market dominance and data security. Chinese EV makers are rapidly gaining market share in Europe and Mexico with low prices, a trend the U.S. industry fears could cripple domestic production.
