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Chinese supplier Wellascent is investing $100 million in a Texas plant to produce 3,000 metric tons of copper flat wire annually by 2028, shielding Stellantis and other US clients from steep tariffs. The facility, set to begin output later this year, marks rare Chinese FDI in US manufacturing and could serve as a model if broader trade deals emerge.
short by / 09:42 am on 25 Aug
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