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Tougher U.S. Ban on Chinese Automakers Under Senate Review
The U.S. Senate Commerce Committee is poised to review bipartisan legislation to strengthen a ban on Chinese automakers entering the American market. Although some provisions remain under debate, a vote is expected on Wednesday.
Republican Senator Bernie Moreno from Ohio and Democratic Senator Elissa Slotkin from Michigan proposed the legislation in April. It seeks to formalize a regulation imposed by the Biden administration to effectively bar Chinese automakers from selling passenger vehicles in the U.S., introducing additional measures to block China's entry into the U.S. light-duty market.
The bill proposes a prohibition on vehicle sales by automakers with over 15% Chinese ownership, affecting companies such as Mercedes-Benz, which stands at nearly 20% Chinese ownership. Mercedes-Benz is lobbying for changes to this provision, according to U.S. lawmakers.
(With inputs from agencies.)