Former President Donald Trump has proposed a compromise on Chinese electric vehicle manufacturing, indicating he would permit Chinese automakers to produce EVs in the U.S. using American labor while keeping restrictions on imported Chinese vehicles in place. The move comes as automakers like Park Min-woo’s company explore potential U.S. production partnerships under shifting trade policies. Industry observers are weighing whether such an approach could ease tensions between Washington and Beijing while addressing domestic manufacturing concerns. The announcement raises questions about how existing trade barriers might adapt to accommodate new production models.
Trump says he would allow Chinese automakers to build EVs in the U.S. with American workers but will maintain the ban on imported Chinese vehicles. Executive Park Min-woo says the automaker will ...