Having previously written about the issue of three major Chinese EV makers putting massive investment into production facilities, the remarks by President Trump in Ohio warning of a “bloodbath” in the auto industry are exactly accurate. {Background Context Here}
According to media, last December the three Chinese auto manufacturers, MG, BYD, and Chery, announced they were going to spend billions building new EV manufacturing plants in Mexico. Each Chinese auto manufacturer was going to spend between $1.5 to $2.0 billion. The Chinese don’t make that much of an investment in something unless they are sure the U.S. government is going to force the EV market to exist. These manufacturing plants would crush the U.S EV market.
Drawing attention to the issue, President Trump said he can stop the pending crisis. However, if he did not win the election the American auto industry would end up with a “bloodbath” of closed plants, lost jobs and diminished labor union workforce. Trump is not wrong. WATCH:
Showcasing the absolute lying fake news that most American media have become, all of the news agencies reported these comments to be about general “violence, retribution and retaliation” by Trump if he lost the election. Reuters even twisted the comments to say, “Trump predicts the end of U.S. democracy if he loses 2024 election.”
Last December, when the original reports of the big three Chinese automakers were released, the headline was, “Chinese EV giants are planning factories in Mexico, and it’s alarming US officials.” Yet somehow, drawing attention to that exact same issue three months later is the end of democracy or something.
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