US senate approves bill to crackdown on Chinese vehicles 

The US Senate Commerce Committee approved ​legislation to toughen a ‌US government ban on Chinese automakers entering the ​American market, reports Reuters. The move ​could potentially bar Mercedes-Benz from ⁠selling vehicles in ​the United States.

Senator Ted ​Cruz, the chair of the committee, warned that without changes, ​the bill’s provision ​that would ban companies with ‌more ⁠than 15% ownership of Chinese entities would bar Mercedes-Benz from selling ​vehicles in ​the ⁠United States because of its ​nearly 20% Chinese investment. ​Senator ⁠Bernie Moreno said Mercedes-Benz would have until ⁠2030 ​to comply ​and could still get waivers if ​needed.