Profit Progression X - Investing and Stock News
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Profit Progression X - Investing and Stock News
No Result
View All Result
Home Latest News

Hawley urges DOJ probe of Chinese trucking company

by
May 29, 2025
in Latest News
0
Hawley urges DOJ probe of Chinese trucking company
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

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

Boeing to resume airplane deliveries to China next month, ramp up Max production, CEO says

Next Post
Boeing to resume airplane deliveries to China next month, ramp up Max production, CEO says

Boeing to resume airplane deliveries to China next month, ramp up Max production, CEO says

  • Trending
  • Comments
  • Latest
Gold and Silver: Gold remains stable in the $2420 zone

Gold and Silver: Gold remains stable in the $2420 zone

March 20, 2025
Trump’s exaggerated claim that Pennsylvania has 500,000 fracking jobs

Trump’s exaggerated claim that Pennsylvania has 500,000 fracking jobs

October 24, 2024
Wrong-way driver passes Harris motorcade on Milwaukee highway

Wrong-way driver passes Harris motorcade on Milwaukee highway

October 23, 2024
American creating deepfakes targeting Harris works with Russian intel, documents show

American creating deepfakes targeting Harris works with Russian intel, documents show

October 23, 2024
Tesla stock sinks as Musk and Trump ridicule each other

Tesla stock sinks as Musk and Trump ridicule each other

0
Kamala Harris’s narrow opening with GOP-leaning voters

Kamala Harris’s narrow opening with GOP-leaning voters

0
Obama rallies with Walz in Wisconsin: ‘America is ready to turn the page’

Obama rallies with Walz in Wisconsin: ‘America is ready to turn the page’

0
Georgia Supreme Court declines to reinstate Trump-allied board’s election rules

Georgia Supreme Court declines to reinstate Trump-allied board’s election rules

0
Tesla stock sinks as Musk and Trump ridicule each other

Tesla stock sinks as Musk and Trump ridicule each other

June 8, 2025
Trump ally stands firm against ‘big, beautiful bill’ despite pressure: ‘It’ll completely backfire’

Trump ally stands firm against ‘big, beautiful bill’ despite pressure: ‘It’ll completely backfire’

June 8, 2025
Rubio condemns assassination attempt on Colombian presidential candidate Miguel Uribe

Rubio condemns assassination attempt on Colombian presidential candidate Miguel Uribe

June 8, 2025
Obama WH physician says Biden doc should have performed cognitive test

Obama WH physician says Biden doc should have performed cognitive test

June 8, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

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

    Recent News

    Tesla stock sinks as Musk and Trump ridicule each other

    Tesla stock sinks as Musk and Trump ridicule each other

    June 8, 2025
    Trump ally stands firm against ‘big, beautiful bill’ despite pressure: ‘It’ll completely backfire’

    Trump ally stands firm against ‘big, beautiful bill’ despite pressure: ‘It’ll completely backfire’

    June 8, 2025
    Rubio condemns assassination attempt on Colombian presidential candidate Miguel Uribe

    Rubio condemns assassination attempt on Colombian presidential candidate Miguel Uribe

    June 8, 2025
    Obama WH physician says Biden doc should have performed cognitive test

    Obama WH physician says Biden doc should have performed cognitive test

    June 8, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 Profitprogressionx.com All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2024 Profitprogressionx.com All Rights Reserved.