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 crude oil -13-06-2025
Evening update for crude oil -13-06-2025
Jun 13, 2025
The (crude oil) continued the fluctuated trading in its last intraday levels, attempting to gain a positive momentum that might assist it to keep the strong rise, amid the dominance of the main bullish trend and its trading alongside a main and minor bias lines, on the other hand, the negative signals are emerging on the (RSI), after reaching overbought...
Evening update for Bitcoin (BTCUSD) -13-06-2025
Evening update for Bitcoin (BTCUSD) -13-06-2025
Jun 13, 2025
The (BTCUSD) rose in its last intraday trading, supported by the emergence of the positive signals on the (RSI), after reaching oversold levels, attempting to offload the oversold conditions, and attempts to recover some of its previous losses, due to its affection by the negative pressure that comes from its trading below EMA50. ...
A Look Into Datadog Inc's Price Over Earnings
A Look Into Datadog Inc's Price Over Earnings
Jun 13, 2025
In the current market session, Datadog Inc. ( DDOG ) stock price is at $121.70, after a 0.80% decrease. However, over the past month, the company's stock went up by 3.42%, and in the past year, by 3.87%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is not performing up to par in...
Evening update for Gold -13-06-2025
Evening update for Gold -13-06-2025
Jun 13, 2025
The (Gold) declined in its last trading on the intraday trading, due to the stability of the current resistance level at $3,435, attempting to gain a positive momentum that might assist it to breach this resistance, and it attempts to offload some of its overbought conditions on the (RSI), especially with the appearance of the negative signals on them, amid...
Copyright 2023-2026 - www.financetom.com All Rights Reserved