(Jonathan Swan – Axios News)
Senior White House officials are quietly preparing to confront China over what they consider unfair practices in the auto industry. It’s a move that could profoundly disrupt relations between the superpowers.
Watch for the issue to pop in President Trump’s talks next month with China’s Xi Jinping. [...]
The White House’s calculus: China currently exports very few cars to the U.S., but it’s itching to sell dramatically more. Trump is perfectly positioned to negotiate the terms of China’s market entry. He’s got plenty of leverage with tariff levels and ownership restrictions — though the Trump folks are still hashing out their negotiation strategy. Click here to read more.