Trump said Biden is putting all his eggs in the EV market, and China has most of the raw materials and much of the EV production. Thus, Trump said Biden is putting the U.S. auto industry and the economy at the whim of China. He then said China was going to move much of their production to Mexico to take advantage of the American free trade zone. Trump then said to prevent that, he would put a 100% tariff on those vehicles made by China in Mexico. That is what was actually said . As far as the bloodbath comment, he then went on to say if he wasn't elected, Biden would create a "bloodbath" for the U.S. auto industry along with the economy at large.