Hyundai’s executive warns that Chinese automakers are expanding aggressively into the U.S. market, mirroring their success in Europe, and urges policymakers to maintain tariffs and trade protections to prevent potential disruption. The concern stems from fears that unchecked competition from Chinese manufacturers could reshape the American automotive industry. Industry leaders argue that existing safeguards are necessary to level the playing field amid growing foreign influence. The statement highlights tensions over trade policies as global automakers vie for dominance.
Hyundai's Jose Munoz warned that Chinese automakers could disrupt the U.S. market like they have in Europe unless tariffs and market safeguards are kept in place.
