Ford CEO Jim Farley discussed with Trump administration officials a potential framework for Chinese automakers to build cars in the U.S. through joint ventures where American companies hold controlling stakes. While this idea was met with resistance from Trump officials due to anticipated opposition in Washington, it offers a way to balance protecting U.S. interests with enabling some Chinese market entry. This comes amid concerns from U.S. automakers about competition from subsidized Chinese EVs and potential national security risks, despite Ford exploring partnerships with Chinese companies for technology and battery supply.
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Ford's Farley, feds discuss China carmaking partnerships in U.S.
Ford CEO Jim Farley discussed with Trump administration officials a potential framework for Chinese automakers to build cars in the U.S. through joint ventures where American companies hold controlling stakes. While this idea was met with resistance from Trump officials due to anticipated opposition in Washington, it offers a way to balance protecting U.S. interests with enabling some Chinese market entry. This comes amid concerns from U.S. automakers about competition from subsidized Chinese EVs and potential national security risks, despite Ford exploring partnerships with Chinese companies for technology and battery supply.