Day Trading Reports
  • Business
  • World News
  • Politics
  • Investing
  • Business
  • World News
  • Politics
  • Investing

Day Trading Reports

Politics

Hawley urges DOJ probe of Chinese trucking company

by admin May 30, 2025
May 30, 2025
Hawley urges DOJ probe of Chinese trucking company

Sen. Josh Hawley, R-Mo., asked the Justice Department on Thursday to investigate a Chinese-owned self-driving trucking company, one of the largest in the U.S., citing allegations that it had shared proprietary data and other sensitive technology with state-linked entities in Beijing. 

The letter, sent to U.S. Attorney General Pam Bondi and previewed exclusively to Fox News Digital, asks the Justice Department to open a formal investigation into the autonomous truck company TuSimple Holdings, a Chinese-owned company and one of the largest self-driving truck companies in the U.S. 

In it, Hawley cites recent reporting from the Wall Street Journal that alleges that TuSimple ‘systematically shared proprietary data, source code, and autonomous driving technologies’ with Chinese state-linked entities— what he described as ‘blatant disregard’ of the 2022 national security agreement with the Committee on Foreign Investment in the United States, or CFIUS.

‘These reports also revealed communications from TuSimple personnel inside China requesting the shipment of sensitive Nvidia AI chips and detailed records showing ‘deep and longstanding ties’ with Chinese military-affiliated manufacturers,’ Hawley said. 

He noted that to date, TuSimple ‘has not faced serious consequences’ for sharing American intellectual property with China, despite having continued to share data with China after signing a national security agreement with the U.S. government in 2022, which was enforced by the Committee on Foreign Investment in the U.S.

‘If the reports about TuSimple are accurate, they represent not just a violation of export law, but a breach of national trust and a direct threat to American technological leadership,’ Hawley said. 

‘The American people deserve to know how and why a supposedly U.S.-based company was allowed to serve as a conduit for the transfer of sensitive innovations to the Chinese Communist Party,’ he added.

The letter asks Bondi and the Justice Department to take certain steps to investigate the company’s actions, as alleged by the recent reports – including investigating whether TuSimple provided protected information to any Chinese-based entities, and what activities were covered by the company’s national security agreement with CFIUS, struck more than two years ago. 

Hawley also asked Bondi what actions, if any, DOJ has taken to date to ensure that Bot Auto—a new Texas-based self-driving vehicle company staffed by many former TuSimple employees, ‘is not engaging in similar behavior.’

According to the Wall Street Journal report, TuSimple’s actions helped shape new Commerce Department regulations, which blocked the sale of internet-linked cars and different components with links to China. According to the report, a CFIUS investigation determined TuSimple’s tech sharing did not violate the official national security agreement— but the company was fined for other infractions, and ultimately paid out a $6 million settlement. 

The letter comes as Hawley, who chairs the Senate Judiciary Committee’s Subcommittee on Crime and Counterterrorism, has emerged as one of the Senate’s more vocal critics of the Chinese Communist Party, especially as it relates to the conduct of certain U.S. companies, and the sharing of certain intellectual property. 

This post appeared first on FOX NEWS

previous post
Flashback: Top five wildest moments from Elon Musk’s DOGE tenure as it comes to an end
next post
Dreams cut short, Chinese students anxious and angry over ‘aggressive’ US visa ban plans

Related Posts

Indian Prime Minister Modi takes page from Trump,...

February 14, 2025

Trump to get annual physical, saying he ‘never...

April 12, 2025

Elon Musk says federal employees must fill out...

February 23, 2025

Americans witnessing crippling federal regulations can go directly...

April 14, 2025

LIZ PEEK: Democrats are squealing over latest Trump...

March 11, 2025

Trump agriculture nominee, Brooke Rollins, clears key Senate...

February 4, 2025

Rubio pauses foreign aid from State Department and...

January 27, 2025

GOP races against clock as Senate, House remain...

April 29, 2025

Congress unveils spending plan after Trump calls on...

March 9, 2025

Here’s what happened during Trump’s 14th week in...

April 27, 2025

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Editors’ Picks

    • 1

      Forum Energy Metals and Global Uranium Announce Exploration Update on Drill Targeting, Northwest Athabasca Project, Saskatchewan

      January 31, 2025
    • 2

      Mega M&A: Rio Tinto-Glencore Merger Sparks Chatter

      January 28, 2025
    • 3

      Excellent 90% recoveries at Cork Tree Well & Board Update

      February 17, 2025
    • 4

      Financial Agreement signed releasing $2M grant

      January 23, 2025
    • 5

      Netflix shares soar as company reports surging revenue, tops 300 million subscribers

      January 23, 2025
    • 6

      Cyclopharm Signs US Agreement with HCA Healthcare for Technegas®

      January 23, 2025
    • 7

      FDA officially authorizes Zyn nicotine pouches for sale following health review

      January 23, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: daytradingreports.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 daytradingreports.com | All Rights Reserved