15 Days
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الاقتصادية
U.S. automakers lobby to limit Chinese cars
Major automobile manufacturers, traders, and American distributors are demanding that the U.S. government stick to its restrictions on Chinese companies entering the U.S. auto market, ahead of an upcoming summit between Presidents Trump and Xi Jinping. These demands come amid concerns that the entry of domestic Chinese companies could reduce American firms' market shares and lead to the transfer of jobs from Washington to companies owned by the Chinese government. Additionally, these groups argue that Chinese investments will not create new jobs but will instead undermine American companies that have invested for decades, calling for measures to stand against these trends in order to protect the U.S. auto industry from Chinese competition.
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