How Trump is making America China's chump

Quick Summary:

The lack of consistent long-term strategy is hindering U.S.companies' efforts to compete globally with China's advanced technological and manufacturing capabilities.

Ford is now near completion of a 1.8-million-square-foot BlueOval Battery Park in Marshall, Michigan, which is slated to begin production of lithium iron phosphate (LFP) batteries in 2026 for Ford's EVs.

But it has to do so in a world in which China has made a massive bet on EVs and is perfectly happy to ignore the U.S.market for now and beat Ford and other U.S.manufacturers in Brazil, Indonesia, Europe and Africa.

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Article Details

Author / Journalist: NYT News Service

Category: Business

Markets: IndiaBrazilCanadaChinaIndonesiaMexico

Topics: University of texas Trade China Ford Trump Tariff

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-05 @ 10:01:43 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 2209 words

Reading Time: 13 minutes read

Sentences: 69 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 25904583

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About Economic Times

Main Topics: Business

Official Website: economictimes.indiatimes.com

Update Frequency: 6 posts per day

Year Established: 1961

Headquarters: India

News Last Updated: 6 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #84

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