The electric car company led by Elon Musk builds all the cars it sells in the United States in California and Texas, shielding it from tariffs that could devastate competitors.
Xiaomi, which produces smartphones and consumer electronics, delivered 135,000 E.V.s last year after tapping China’s robust manufacturing supply chain.
Asian countries are among the most vulnerable to President Trump’s economic grievances. But they are also best placed to make deals to minimize their exposure.