US Senate panel to vote on Chinese vehicle crackdown bill

The U.S. Senate Commerce Committee is preparing to vote on bipartisan legislation aimed at strengthening a ban on Chinese automakers from entering the American market. Proposed by Senator Bernie Moreno and Senator Elissa Slotkin, the bill seeks to enforce regulations initiated by the Biden administration, which would prevent companies with over 15% Chinese ownership from selling passenger vehicles in the U.S. This legislation could impact companies like Mercedes-Benz, which has close to 20% Chinese ownership and is currently lobbying for amendments to the bill.

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July 22 (Reuters) - The U.S. Senate Commerce Committee is set to consider bipartisan legislation to toughen a ‌U.S. government ban on Chinese automakers entering the American market but some provisions remain under debate ahead of an expected vote Wednesday.

Republican ⁠Senator Bernie Moreno of Ohio and Democratic Senator Elissa Slotkin of Michigan proposed legislation in April to codify a regulation imposed by the Biden administration that effectively bans all Chinese automakers from selling passenger vehicles ‌in ⁠the U.S. and takes other steps to prevent China from entering the U.S. light-duty market. The bill would prohibit ⁠vehicle sales by automakers that are more than 15% owned by Chinese entities, ⁠which would apply to Mercedes-Benz (MBGn.DE), opens new tab, which has nearly 20% Chinese ownership. ⁠Mercedes-Benz is lobbying to change the provision, U.S. lawmakers say.

Reporting by David Shepardson, Editing by Louise Heavens

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