Wall Street thinks the odds of Chinese automakers breaking into the US market are low, but the US auto industry is taking no chances. Chinese President Xi Jinping arrives in Washington on Wednesday for three days of talks, yet analysts expect small steps on trade and AI rather than breakthroughs. A bilateral trade truce expires in November, and the likeliest outcomes include possible tariff relief on a small set of less sensitive goods. Cars are unlikely to be the main event. TD Cowen advised clients on Tuesday that a shift in US import policy at the summit is "very unlikely," even as it urged investors to prepare for the eventuality anyway. (GM ) Go deeper with AlphaSpace 83.77 -0.18 (-0.22%) As of 1:14:47 PM EDT. Market Open.
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