Chinese Auto Executive: 'Bloodbath' Coming for American Auto Industry

8 months ago
50

He Xiaopeng, the CEO of XPeng Motors, predicts a “bloodbath” against America’s auto industry with the help of cheap China-made electric vehicles (EVs).

Over the weekend, former President Donald Trump was campaigning in Andalia, Ohio, when he warned that without fierce new United States tariffs on China-made EVs, the American auto industry will face “a bloodbath for the country” with jobs lost and industry offshored.

“We’re going to put a 100 percent tariff on every single car that comes across the line and you’re not going to be able to sell those cars if I get elected,” Trump said. “Now if I don’t get elected, it’s going to be a bloodbath for the whole, that’s going to be the least of it, it’s going to be a bloodbath for the country, that’s going to be the least of it.”

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