U.S. industry groups and bipartisan lawmakers are urging President Trump not to allow Chinese auto investments ahead of his summit with Xi. They cite fears of Chinese firms gaining market dominance and potential data-security risks. With Chinese EV makers expanding in Europe and Mexico through low prices, U.S. stakeholders warn U.S. production could take a major hit.
Finance Minister Nirmala Sitharaman met bank heads to assess Artificial Intelligence risks after concerns tied to Anthropic’s Mythos model and its possible effects on financial system data security. Banks were urged to act early to protect infrastructure and customer information. Officials are now evaluating how widespread the threat could be and what safeguards are needed.
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