The Korea Herald
AsiaPac · 37 mins ago
US Senate panel approves bill cracking down on the sale of Chinese vehicles
The US Senate Commerce Committee approved legislation Wednesday to toughen a government ban on Chinese automakers entering the American market that could bar German automaker Mercedes-Benz from selling vehicles in the US. Sen. Ted Cruz, the committee chair and a Texas Republican, said the bill's provision that would ban companies with more than 15 percent ownership by Chinese entities would bar Mercedes-Benz from selling vehicles in the US because of its nearly 20 percent passive Chinese invest
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