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Biden with the man who made him rich and will create a bloodbath on our auto industry.

How the Biden family became millionaires. Chinese President Xi Jinping and U.S. President Joe Biden take a walk after their talks in the Filoli Estate in the U.S. state of California, Nov. 15, 2023. Chinese President Xi Jinping and U.S. President Joe Biden on Wednesday had a candid and in-depth exchange of views on strategic and overarching issues critical to the direction of China-U.S. relations and on major issues affecting world peace and development. The meeting was held at Filoli Estate, a country house approximately 40 km south of San Francisco, California. (Photo by Li Xueren/Xinhua via Getty Images)

Visits: 12

Biden with the man who made him rich and will create a bloodbath on our auto industry. It’s a known fact that China is building factories in Mexico. Factories to build Electric cars. What do you think happens next? Let the Chinese tell you.

Xiaopeng in a letter to XPeng employees obtained by CNBC last month. Xiaopeng suggested that “a bloodbath” is coming for the American auto industry this year.

China seeks to deliver a “brutal knockout round” against its Western competitors, including the U.S., in the global EV market, Xiaopeng said.

CNBC reported:

“This year also marks the beginning of a fierce competition that may end in a ‘bloodbath’ (or as I prefer to call it, the brutal ‘knockout round’).

Now maybe you understand what Trump meant about a bloodbath.

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