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 >
Japan factory declines slow in May but tariff worries persist, PMI shows
Japan factory declines slow in May but tariff worries persist, PMI shows
Jun 1, 2025
TOKYO, June 2 (Reuters) - Japan's factory activity shrank at the slowest pace in five months in May as the decline in new orders eased, but worries over U.S. tariffs have dampened the recovery from an almost year-long contraction, a private-sector survey showed on Monday. The final au Jibun Bank Japan Manufacturing Purchasing Managers' Index (PMI) rose to 49.4 in...
Chinese spying on Dutch industries 'intensifying': Dutch defence minister
Chinese spying on Dutch industries 'intensifying': Dutch defence minister
May 31, 2025
SINGAPORE (Reuters) -Chinese efforts to spy on the Dutch are intensifying, with the focus on semiconductors, Dutch Defence Minister Ruben Brekelmans said on Saturday. The semiconductor industry, which we are technologically leading, or technology advanced, of course, to get that intellectual property - that's interesting to China, Brekelmans said in an interview on the sidelines of the Shangri-La Dialogue security...
KKR raises conditional offer for German IT services firm Datagroup
KKR raises conditional offer for German IT services firm Datagroup
Jun 1, 2025
June 1 (Reuters) - Frankfurt-listed IT services provider Datagroup SE said on Sunday that KKR has made a conditional proposal to increase the potential acquisition offer to up to 58 euros ($65.84) per share. KKR initially offered 54 euros per share in an all-cash transaction valuing Datagroup at approximately 450 million euros. Under the revised terms, the offer price will...
Brent crude oil is regaining pivotal support -Analysis-02-06-2025
Brent crude oil is regaining pivotal support -Analysis-02-06-2025
Jun 1, 2025
The (Brent) price rose in its last intraday trading, supported by the emergence of the positive signals on the (RSI), after reaching oversold levels, to settle above $63.20 that represents a key support that supported the prices stability in the last period, to attempt to surpass the negative pressure of the EMA50, reinforcing the chances for achieving more of the...
Copyright 2023-2025 - www.financetom.com All Rights Reserved