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Industry

U.S. Senate pushes curbs on carmakers with 15 percent or more Chinese ownership; Benz exempted

The U.S. Senate is pushing legislation to restrict access to the U.S. market for automakers with 15 percent or more Chinese ownership, while seeking ways to exempt Benz. A bill approved by the Senate Commerce Committee would ban vehicle sales by companies in which Chinese firms or investors hold more than 15 percent. Republican Senator Bernie Moreno said Benz would not be banned, though details and legislative steps remain.

Mobility

Trump may allow Chinese EVs in U.S. ahead of Xi talks, amid market-opening rumors

Rumors are circulating that U.S. President Donald Trump could allow Chinese-made electric vehicles to be sold in the United States as part of negotiations with China, Democratic Senator Elissa Slotkin said. She cited an expected Washington meeting with Chinese President Xi Jinping within weeks and called the idea a strategic mistake that could harm Michigan’s auto industry and 1,200,000 related jobs. Slotkin did not identify the source, and the White House has announced no plan to lower barriers.

Games & Commerce

Coupang dispute raises risk of U.S. tariff pressure on South Korea

A dispute involving Coupang is raising the possibility that U.S. pressure on South Korea could expand to additional tariffs. CNBC reported that U.S. congressional officials and people around Coupang see potential responses by Congress or the White House if the row drags on. The issue centers on South Korea’s response after a personal data leak case. U.S. politicians have urged a formal probe and tariff review, while both sides dispute the leak’s scale and related actions.