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Market Chatter: US Lawmakers Urge Trump to Keep Ban on Chinese Automakers

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-- Over 70 Democrats in the U.S. House of Representatives urged U.S. President Donald Trump to block Chinese automakers from entering the U.S. market, citing national security risks, Reuters reported Tuesday.

Led by Debbie Dingell and Ro Khanna, lawmakers called for maintaining existing bans ahead of Trump's expected talks with Chinese President Xi Jinping, warning against ceding the auto industry to a strategic rival, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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