Former President Donald Trump has proposed a compromise allowing Chinese electric vehicle manufacturers to produce cars in the U.S. using American labor, while keeping restrictions on importing Chinese-made vehicles intact. The move comes as automakers like Park Min-woo’s company explore domestic production to bypass trade barriers. Industry observers are weighing whether this shift could ease tensions between Washington and Beijing over automotive trade. The announcement signals a potential shift in strategy amid ongoing debates over foreign competition in the U.S. auto market.
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 ...
