US Democratic Senator Slotkin says will try to get approval for Chinese car ban today; belive only one Senator opposes it
Efforts to restrict Chinese-connected vehicles through Congress follow a well-worn sequence: executive action on the trade and security side has already been moving in this direction, and legislation of this kind typically codifies and widens restrictions that began as agency rulemaking.
US Democratic Senator Slotkin says will try to get approval for Chinese car ban today; belive only one Senator opposes it
Oracle (ORCL) says force-majeure notices are commonplace in developments of this scale and are often used to preserve contractual rights among project partners
China's President Xi Jinping and US President Trump held a small-scale exchange, Xinhua reports
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The procedural detail matters here: a push for expedited passage by unanimous consent, with acknowledged opposition from a single senator, means the timing question is whether the holdout relents or whether the measure has to be attached to a larger vehicle, a pattern that has delayed similar security-motivated bills before. For the auto complex, the distinction that has historically mattered is between restrictions on Chinese-branded imports, largely a non-event given minimal direct volumes, and restrictions on Chinese-origin software and hardware in connected vehicles, which reach into the supply chains of domestic and allied manufacturers that source components from Chinese suppliers. The relevant transmission runs through compliance cost and supplier substitution for those manufacturers rather than through tariff math on finished cars. Precedent episodes of this kind have tended to produce follow-on measures on the Chinese side, with scrutiny of US and allied firms operating in China the usual reciprocal channel. Worth noting is the calendar: end-of-session attempts to clear measures by consent frequently fail on a single objection and resurface attached to must-pass legislation.
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