Lawmakers Push Through Bill That Bans Automakers With More Than 15% Ownership By Chinese
Posted on 7/27/2026 by Agent009
Bipartisan legislation that would bar automakers with more than 15% ownership by Chinese entities from selling cars in the U.S. made it out of the U.S. Senate Commerce Committee on Wednesday.
The bill, which proposes limiting the overall ownership stake and tech supplied by covered entities (such as China), advanced the committee on Wednesday, moving it closer to being signed into law. If it passes as written, which is not guaranteed, there could be an unexpected luxury brand caught up in the crossfire.