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"Detroit has a long history of selling to China. Detroit is also considered home to some of America's greatest ingenuity and innovation and its location is convenient to attract small business people and farmers from the heartland," he said.

"Escalating trade tensions will invite retaliation targeted at our farmers and will raise the price of ag equipment and inputs. We are working to ensure that American farmers are making their voices heard so that we avoid a trade war," he said.

"Don't only look at the assets and the plants. Make sure they have strong management, customer recognition, technology or know-how and cost competitiveness."

"Demand for new cars is slowing, while that for used cars is constantly expanding, thanks to the government's favorable policies, an increase in car ownership, people's transformation to a more rational consumption attitude, as well as the growing number of people who plan to change or buy cars," said Yang Haoyong, CEO of Chehaoduo Group.

"Due to the escalating trade dispute, the anger of US farmers and companies, especially those from high-tech manufacturing and service sectors, has put Republican candidates under pressure as midterm congressional elections approach," said Tu Xinquan, director of the China Institute for WTO Studies at the University of International Business and Economics in Beijing.