Chairman of the US Senate Banking Committee, Senator Sherrod Brown sees Chinese electric vehicles as an immediate threat to the industry car America.
This is considered strongest statement by US lawmakers on this issue. Previously, they called for high taxes to prevent electric vehicles China imports into the US.
In February the White House opened an investigation into whether Chinese cars pose a threat to national security.</p >
Senator Brown shared in a video on social network X (formerly Twitter): “We cannot allow China to introduce government-sponsored fraud into the auto industry.” American cars.
Senator Brown from the state of Ohio, specializing in automobile manufacturing, is seeking to be re-elected for a fourth term this November.
President Biden said knowing that China’s policies “could cause Chinese cars to flood the US market, threatening national security” and the White House boss said that “will not let that happen during this term.</ p>
Washington said restrictions may be imposed due to concerns that technology in Chinese cars could “collect large amounts of sensitive data about drivers and passengers.
They also warn that internet-connected vehicles “routinely use cameras and sensors to record information about US infrastructure and can be controlled or disabled remotely”.
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China is the largest auto manufacturer and is competing with Japan to become the world’s largest vehicle exporter.
However, the number of Chinese cars on US streets is very low because the US currently imposes a tax of 27.5% on all types of vehicles. vehicles from this country.
During his visit to China this week, the Minister Finance US Janet Yellen has warned Beijing that Washington will not allow the “China shock” of investment. The 2000s recurred when Chinese goods rushed into the US.
Chinese Deputy Finance Minister Liao Min expressed deep concern about the restrictions that the US has imposed on trade and investment.
Mr. Liao said China’s competitive advantage comes from “large market scale, comprehensive industrial system and abundant human resources”.
The two largest economies in the world are already in a trade war since 2018 when Donald Trump’s administration levied taxes on more than $360 billion in Chinese goods.
Beijing also retaliated by imposing taxes on more than $110 billion in products. of the US.
President Joe Biden kept most of these tariffs unchanged.
Last year the total amount of US goods imported from China decreased by more than 20% to 427 billion USD. At the same time, US exports to China decreased by 4% to just under 148 billion USD.
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