financetom
Technology
financetom
/
Technology
/
Mexico raises concerns about US plan to bar Chinese vehicle software, hardware
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Mexico raises concerns about US plan to bar Chinese vehicle software, hardware
Oct 28, 2024 11:12 AM

WASHINGTON (Reuters) - The Mexican government on Monday raised concerns about the Biden administration's proposal to prohibit key Chinese software and hardware in connected vehicles on American roads due to national security concerns.

Mexico's economy ministry said in a filing with the U.S. Commerce Department the proposal could have a "substantial impact on Mexico's automotive industry. Economically, it poses potential trade barriers, disruptions to supply chains, increased production costs, and a possible risk of reduced direct and indirect employment."

Automaker and tech groups separately on Monday asked the administration for changes and for more time before the rule takes effect.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Evening update for Gold -18-07-2025
Evening update for Gold -18-07-2025
Jul 18, 2025
The (Gold) declined slightly in its last intraday trading, to gather the gains of its previous rises attempting to offload some of its clear overbought conditions on the (RSI), especially with the beginning of negative overlapping signal appearance, amid the dominance of the bullish trend and its trading alongside a minor bias line on the short-term basis, supported by its...
Evening update for crude oil -18-07-2025
Evening update for crude oil -18-07-2025
Jul 18, 2025
The (crude oil) declined in its last intraday trading, to begin offloading its clear overbought conditions on the (RSI), especially with the beginning of the negative signals appearance, to lean on the support of its EMA50, amid the dominance of the bullish trend on the short-term basis and its trading alongside a bias line. ...
Expert Outlook: SentinelOne Through The Eyes Of 14 Analysts
Expert Outlook: SentinelOne Through The Eyes Of 14 Analysts
Jul 18, 2025
Ratings for SentinelOne ( S ) were provided by 14 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings...
Assessing Verint Systems: Insights From 4 Financial Analysts
Assessing Verint Systems: Insights From 4 Financial Analysts
Jul 18, 2025
In the latest quarter, 4 analysts provided ratings for Verint Systems ( VRNT ) , showcasing a mix of bullish and bearish perspectives. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 1 0 0 0...
Copyright 2023-2025 - www.financetom.com All Rights Reserved