US Automakers Could Be Collateral Damage in US–China Trade Friction: Auto Expert

Don Ma
By Don Ma
June 19, 2024Business Matters

Car expert John Murphy is calling on the Detroit Three to exit the Chinese auto market. Editor-in-Chief of Paul Eisenstein explains why Mr. Murphy is warning carmakers like Ford and General Motors to leave China. One of those reasons is outside forces, like the increasing trade friction between the United States and China. The carmakers could end up as collateral damage, he says. Mr. Eisenstein also has insight from the Big Three on proposed tariff hikes on Chinese electric vehicles made by President Joe Biden.