U.S. Commerce Secretary Gina Raimondo indicated that the Biden administration is considering a ban on all Chinese internet-connected vehicles or imposing restrictions following a national security investigation. This potential policy change aligns with recent actions such as the addition of 37 Chinese entities to a trade restriction list, citing national security concerns related to incidents like the spy balloon over the U.S. last year. Additionally, new Treasury Department rules mandate that by 2025, manufacturers must avoid using critical materials from Foreign Entities of Concern, including China, to qualify for full EV tax credits. China criticized these U.S. moves as economic coercion and harmful to the stability of the global supply chain.
CHINA MOFCOM: US MOVE SERIOUSLY HARMS FIRMS' LEGAL RIGHTS
CHINA MOFCOM: US MOVE HARMS STABILITY OF GLOBAL SUPPLY CHAIN
CHINA'S FOREIGN MINISTRY, ON U.S. ADDING 37 CHINESE FIRMS TO TRADE RESTRICTION LIST OVER NATIONAL SECURITY CONCERNS: CHINA HAS ALWAYS FIRMLY OPPOSED THE ABUSE OF EXPORT CONTROL TOOLS SUCH AS U.S. ENTITY LIST
CHINA'S FOREIGN MINISTRY, ON U.S. ADDING 37 CHINESE FIRMS TO TRADE RESTRICTION LIST OVER NATIONAL SECURITY CONCERNS: CHINA AND RUSSIA HAVE THE RIGHT TO CARRY OUT NORMAL ECONOMIC AND TRADE COOPERATION, AND SUCH COOPERATION SHOULD NOT BE DISTURBED
🇨🇳🇺🇸CHINA'S MOFCOM SAYS IT STRONGLY OPPOSES RECENT US BILLS, WHICH ARE ECONOMIC COERCION.
The Biden administration added 37 Chinese entities to a trade restriction list, including some for allegedly supporting the spy balloon that flew over the United States last year, heightening tensions between Beijing and Washington https://t.co/Rv3XruKaAs
U.S. Commerce Secretary Gina Raimondo said the Biden administration could take an "extreme action" and ban Chinese connected vehicles or opt to impose restrictions. https://t.co/gi4qqYL2eL
U.S. Government one step closer to banning Chinese EV imports https://t.co/GEGDEi6KRr
The United States could take “extreme action” and ban #Chinese internet-connected #vehicles or impose restrictions on them, Commerce Secretary Gina Raimondo said, in the first indication a ban could be on the table after a national security investigation. https://t.co/Xi9jAmuPnd
⚠️ BIDEN ADMINISTRATION ADDS 37 CHINESE ENTITIES TO TRADE RESTRICTION LIST Full Story → https://t.co/EmCBWRA83N The Biden administration added 37 Chinese entities to a trade restriction list, for "acting contrary to the national security or foreign policy interests of the…
CHINA SAYS US SANCTIONS ON CHINESE COS ARE ECONOMIC COERCION
The U.S. could take "extreme action" and ban Chinese connected vehicles or impose restrictions on them, Commerce Secretary Gina Raimondo said, in the first indication a ban could be on the table after a national security investigation. https://t.co/yy9g8v7Xrr
Last week the Treasury Department released new rules mandating manufacturers not use critical materials that originate from a Foreign Entity of Concern (FEOC) — like China, Russia, North Korea, or Iran — by 2025 to qualify for the full EV tax credit. https://t.co/7nx3Y5xUBD https://t.co/TuPS67IHH9
US could ban Chinese connected vehicles or impose restrictions, US commerce secretary says https://t.co/Mi4xWEOghF https://t.co/Gt2SRPgG0H
⚠️ US COULD BAN CHINESE CONNECTED VEHICLES OR IMPOSE RESTRICTIONS, US COMMERCE SECRETARY SAYS Full Story → https://t.co/PWJz8KBaLE U.S. Commerce Secretary Gina Raimondo said on Wednesday the Biden administration could take an "extreme action" and ban Chinese connected… https://t.co/mWSIa7fH11
⚠️ CHINA OUTBOUND INVESTMENT RULE TO BE COMPLETED BY END OF YEAR -- US OFFICIAL Full Story → https://t.co/UASIAi6dvW Commerce Secretary Gina Raimondo said Wednesday she expects rules to implement U.S. outbound investment restrictions on China will be completed by the end of… https://t.co/36QWEKxT0o
SEN BROWN SEEKS US BAN ON ALL CHINESE INTERNET-CONNECTED VEHICLES
*SEN BROWN SEEKS US BAN ON ALL CHINESE INTERNET-CONNECTED VEHICLES so... all of them?