Rep. Ro Khanna (D-CA) is sounding the alarm on Chinese investment in the U.S. just ahead of a high-stakes meeting between President Donald Trump and Chinese President Xi Jinping. His message? Letting China set up shop on American soil could be a disaster for workers.
Ro Khanna Warns Trump Against Letting China Build Factories In America Ahead Of Xi Meeting: 'Disaster For American Workers'
MarketDash
Ro Khanna warns against Chinese investment in the U.S. as Trump-Xi meeting approaches, spelling disaster for American workers.
Get Apple Alerts
Weekly insights + SMS alerts
A 'Disaster' For American Manufacturing
On Monday, Khanna took to X to voice his concerns, referencing a post by news presenter Laura Ingraham that suggested Trump and Xi might discuss a potential $1 trillion investment from Chinese enterprises into the U.S. Khanna didn't mince words.
"I went on Fox News to urge Trump not to allow China to set up subsidized factories for cars, glass, and steel in the US," Khanna said. He added that after his appeals, he was "attacked" by Trump on social media for "complaining" about Chinese steel investments. "This would be a disaster for American workers," Khanna wrote.
Lawmakers Urge Trump To Block Chinese EVs
The debate comes as industry leaders and lawmakers express growing concern about Chinese electric vehicles entering the U.S. market. Trump hinted in January that he might allow Chinese automakers to manufacture locally, but critics warn of privacy infringements and harm to U.S. businesses.
CEOs Invited To China Meet
The Trump administration has invited several top tech leaders to the summit in China, including Tesla Inc. (TSLA) CEO Elon Musk, Boeing Co. (BA) CEO Kelly Ortberg, and Apple Inc. (AAPL) CEO Tim Cook. Notably, Nvidia Corp. (NVDA) CEO Jensen Huang was not invited to accompany Trump.
More News
Producer Prices Just Did Something They Haven't Done Since 2022—and It's Not Good
Trump, Elon and the Coming AI “Black Swan”
Trump Lands in China With $16 Trillion in CEO Firepower — And One Big Ask for Xi
Nasdaq 100 Hits Record as Nvidia Soars, But Hot PPI Data Has Rate Hike Fears Simmering
Jensen Huang Joins Trump's China Delegation: A High-Stakes AI Poker Game
Trump's Secret Retirement Fund
Red Cat Stock Takes a Dive After Pricing a $225 Million Offering at a Discount
Jack Daniel's Maker Brown-Forman Turns Down $15 Billion Sazerac Bid
Get Apple Alerts
Real-time alerts on price moves, news, and trading opportunities.
Join 20,000+ investors. No spam, ever.
Featured Articles
View all newsProducer Prices Just Did Something They Haven't Done Since 2022—and It's Not Good
By MarketDash
May 13, 2026
Remember Tesla? (Ad)
By The Oxford Club
Trump Lands in China With $16 Trillion in CEO Firepower — And One Big Ask for Xi
By MarketDash
May 13, 2026
Nasdaq 100 Hits Record as Nvidia Soars, But Hot PPI Data Has Rate Hike Fears Simmering
By MarketDash
May 13, 2026
Jensen Huang Joins Trump's China Delegation: A High-Stakes AI Poker Game
By MarketDash
May 13, 2026
How To Claim Your Pre-IPO Stake In SpaceX! (Ad)
By Paradigm Press
Red Cat Stock Takes a Dive After Pricing a $225 Million Offering at a Discount
By MarketDash
May 13, 2026
Jack Daniel's Maker Brown-Forman Turns Down $15 Billion Sazerac Bid
By MarketDash
May 13, 2026