If American trade relations with China explode, the American automobile industry is certain to get hit, according to Automotive News China in this report. General Motors currently sells more cars in China than it does in the United States. A trade disruption could hammer its share price and force the closing of U.S. factories that supply its Chinese factories. Ford Motor does not have such a major presence but it also would be badly hurt in the Chinese simply stop buying its products, as the article suggests. This is one way that President Trump’s actions could reverberate in the heart of the American economy. Is anybody listening?
