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Trump to FCA: no agreements with the Chinese

The US administration is ready to veto any agreements between Fiat Chrysler, which has an important industrial base in the US, and the Chinese groups which in recent weeks had expressed interest in various ways in projects offered for the led car company by Sergio Marchionne.

Trump to FCA: no agreements with the Chinese

US wall against the Chinese FCA. According to what Il Sole 24 Ore writes today, it seems - as was foreseeable - that the American administration would be ready to take the field to stop any advances by Chinese companies against Fiat Chrysler Automobiles (or, above all, of its precious brands made in the USA such as Jeep, among the first to end up in the sights of Great Wall Motors).

According to what the Italian financial newspaper writes, President Donald Trump would therefore be "intentioned to brandish the examination of similar transactions by a special inter-ministerial committee on foreign investments, the Committee on Foreign Investment in the United States led by the Treasury Department, so that the deal runs aground between his shirts". The Sun closes by recalling that the Trump administration has triggered a growing protectionist crackdown, especially towards Chinese companies. 

Meanwhile today, on an already profoundly negative day for the whole of Piazza Affari, the FCA share loses more than 2% on the stock exchange. bringing the 12 euro per share downwards: around 11 in the morning it is around 12,13 euros per share, after having touched 12,49 in the session of last Thursday, 24 August.

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