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Event Brief

Fuyao founder warns of US plant shutdown

Fuyao Glass founder Cao Dewang said he may shut U.S. plants if tariffs and trade friction cause severe losses.
WHO: Cao Dewang
WHAT: warned he is prepared to shut down Fuyao Glass's American plants
WHEN: Apr 25, 2026 at 9:00 AM ET
WHERE: USA
WHY: Tariffs and trade friction with China could cause severe losses.

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