economictimes.indiatimes.com
A Xi-Trump summit deal can throw US carmakers under the China bus
A proposed Xi‑Trump summit agreement could compel U.S. automakers to align with China’s automotive policies, potentially forcing companies like General Motors and Volkswagen to adopt Chinese standards and share technology. The deal, discussed amid rising trade tensions, would grant China greater influence over U.S. vehicle production and supply chains, while offering Chinese firms easier market access. U.S. lawmakers and industry leaders have expressed concern that the agreement could undermine domestic manufacturing competitiveness and compromise intellectual property protections. [...]