Transportation
US Trade Chief Says Tech Restrictions to Block Chinese Autos
Jamieson Greer
Photographer: Aaron Schwartz/Sipa/Bloomberg
The top US trade official said restrictions on foreign technology will likely keep Chinese carmakers out of the US for the foreseeable future, throwing cold water on the prospect of those manufacturers establishing a foothold in the domestic auto market.
Rules prohibiting connected vehicle technology and software made by so-called foreign entities of concern pose a steep barrier for many Chinese companies, US Trade Representative Jamieson Greer told reporters Thursday. Those rules are taking effect over the next 12 to 18 months, he said.