The proposed ban is based on national security concerns and the potential risks associated with using software and hardware components from these countries, including espionage and cyber attacks.
The ban could lead to disruptions in the supply chain, increase costs for car manufacturers, and ultimately impact consumers who may have to pay higher prices for vehicles.
The proposed ban will undergo a public comment period, allowing stakeholders to provide input and suggest alternative solutions before it is officially adopted.
In conclusion, the Commerce Departments proposal to ban automotive software and hardware from China and Russia is a significant development that could have far-reaching implications for the automotive industry. It remains to be seen how stakeholders will respond and whether alternative solutions will be considered to address the concerns raised by the department.
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Offshore Automotive Software & Hardware Ban Proposed by Commerce Dept.