• Economy
  • Investing
  • Editor’s Pick
  • Stock
Evil Shark Trades
Economy

Hawley urges DOJ probe of Chinese trucking company

by May 29, 2025
by May 29, 2025

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
0 comment
0
FacebookTwitterPinterestEmail

previous post
Flashback: Top five wildest moments from Elon Musk’s DOGE tenure as it comes to an end
next post
DOGE staffing shakeup as Elon Musk hangs up his hat, White House confirms

You may also like

Kevin Hassett ‘very, very confident’ courts will back...

Senate Republicans eye changes to Trump’s megabill after...

Trump shares post saying Biden was executed, replaced...

House Dems’ campaign chair says her party’s ‘on...

Trump warns Rand Paul he’s playing into ‘hands...

White House urges Iran to accept nuclear deal...

Israel hostage deal in doubt as Hamas adds...

Iran condemns Austria over report on advanced nuclear...

Michelle Obama facing backlash over claim about women’s...

Hamas agrees to release 10 more hostages

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.






    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recent Posts

    • Kevin Hassett ‘very, very confident’ courts will back Trump’s tariffs amid legal setback
    • Senate Republicans eye changes to Trump’s megabill after House win
    • Trump shares post saying Biden was executed, replaced with clones
    • House Dems’ campaign chair says her party’s ‘on offense’ in 2026 battle to win back majority from GOP
    • Trump warns Rand Paul he’s playing into ‘hands of the Democrats’ with ‘Big, Beautiful Bill’ opposition

    Categories

    • Economy (6,058)
    • Editor's Pick (3,862)
    • Investing (2,826)
    • Stock (1,308)
    Email Whitelisting About Us Terms & Conditions Privacy Policy Contact Us

    Disclaimer: Evilsharktrades.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 © 2024 EvilSharkTrades.com


    Back To Top
    Evil Shark Trades
    • Economy
    • Investing
    • Editor’s Pick
    • Stock