Former President and 2024 GOP presidential nominee Donald Trump issued a threat to Chinese automakers, warning of an even larger tariff if they establish factories in Mexico to evade existing tariffs. He made these remarks during an event in Ohio. During his presidency, Trump imposed a 25 percent tariff on Chinese-made automobiles. More recently, he pledged to increase tariffs to 50 percent on vehicles manufactured in Mexico at Chinese-owned plants.
More: Biden Says Chinese Cars Could Spy On Americans Trump made the claim last Tuesday at an event aimed at mobilizing support for Republican Senate candidate Bernie Moreno, whom he has endorsed. The former president warned that if he isn't reelected, it would spell disaster for the country and its automotive sector, describing it as a potential 'bloodbath'.