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House China Select Committee Chairman Rep. John Moolenaar appeared on CNBC's Squawk Box to discuss legislation that would prohibit the importation, manufacturing, and sale of Chinese vehicles in the United States.
theyeshivaworld.comHouse China Select Committee Chairman Rep. ) discussed a bipartisan bill that would bar the importation, manufacturing, and sale of Chinese autos in the United States during an appearance on CNBC's Squawk Box. Moolenaar described the vehicles as "rolling data collection devices" and cited national security concerns as the rationale for the proposed restrictions.
The measure targets vehicles connected to Chinese manufacturers and would apply across the supply chain from import to final sale. Moolenaar said the legislation has support from both parties in Congress.
U.S. national security. The appearance occurred 43 minutes before the segment aired on the network.
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