, Columnist
Life After America for Asia's Carmakers
Investors haven't taken full account of the U.S. slowdown.
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President Donald Trump might be trying to make American auto manufacturing great again. But for global investors, the better tack may be a temporary retreat.
A car market that goes up eventually comes down. It took seven years of outsized gains in the U.S., but that's now happening as buyers tap out, auto financing tightens and consumer confidence fails to translate into higher spending.