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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Halls of Shrewd'm / US Policy
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Author: Steve203 🐝 HONORARY
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Number: of 84364 
Subject: This was unexpected
Date: 07/22/26 5:43 PM
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A more detailed Federal ban on Chinese "connected cars" is pushing through Congress. I knew about the 15% limit on Chinese ownership. This bit explains that it means 15% Chinese ownership, of any company in the world, regardless where it builds it's cars.

That not only means US and Swedish built Volvos, because Volvo is Chinese owned. It also means Stuttgart based Mercedes Benz. A Chinese state firm owns just under 10%, and a Chinese citizen owns just under another 10%.

Trump has always seemed to have a burr in his kazoo about Merc. He must have owned one of theirs, that was a lemon, and he has been wanting to get even ever since.

A Senate committee just unanimously advanced a bill that could ban new Mercedes-Benz vehicles from America in 2027

Mercedes-Benz Group AG has a shareholder problem that has nothing to do with sales figures or software glitches. Two of its largest investors are Chinese, their combined stake sits just under 20 percent, and the U.S. Senate is now advancing legislation that treats anything above 15 percent Chinese ownership in a vehicle manufacturer as a national security threat. On July 22, 2026, the Senate Commerce, Science, and Transportation Committee marked up the Connected Vehicle Security Act of 2026 and passed it out of committee with unanimous, bipartisan support, sending it to the full Senate floor.


msn.com - A senate committee just unanimously advanced a bill that could ban new mercedes benz vehicles from america in

Steve
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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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