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President Donald Trump‘s counselor and economist, Peter Navarro, had criticized Elon Musk-led Tesla Inc. (NASDAQ:TSLA) last year, calling the company a “car assembler” reliant on overseas parts from China and other countries. Now, Chinese President Xi Jinping has said the country could allow more U.S. investment in China.
Open Criticism
The comments were highlighted by Bloomberg presenter Joumanna Nasr Bercetche on X on Thursday. She shared that Navarro, as well as Trump, had “openly criticized US companies/ executives that were seen to be too close to China,” targeting the likes of Tesla, Apple Inc. (NASDAQ:AAPL), as well as Nvidia Corp. (NASDAQ:NVDA).
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