Hyundai’s executive warns that Chinese automakers are expanding aggressively in the U.S. market, mirroring their success in Europe, and urges policymakers to maintain tariffs and trade protections to prevent potential disruption. The concern follows a pattern where Chinese manufacturers have gained significant market share abroad by leveraging subsidies and competitive pricing. Without safeguards, the executive suggests, American automakers could face growing pressure from low-cost imports. The call comes as trade tensions and automotive competition intensify globally.
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.
