Day: February 18, 2021

Biden Team Pressing Taiwan, Allies on Auto Chip Shortfall

(Bloomberg) — President Joe Biden’s top economic adviser, Brian Deese, has sought the Taiwanese government’s help resolving a global semiconductor shortage that’s idling U.S. car manufacturing plants, according to a letter reviewed by Bloomberg News.

In the letter, Deese thanked Taiwan’s minister of economic affairs, Wang Mei-hua, for her personal engagement on the microchips shortage and relayed concerns from U.S. automotive companies.

Deese’s letter shows that top White House officials have become involved in trying to resolve the shortage, which has presented an early challenge to Biden’s administration. Deese, the director of the National Economic Council, as well as National Security Adviser Jake Sullivan are both personally engaged in the effort to address bottlenecks in auto companies’ supply chains, a White House spokesperson said.

The spokesperson asked not to be identified by name because the talks have been private. Wang told reporters Thursday that she hasn’t received a letter from

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Toyota and Law Council Australia claim a new right to repair is unwarranted

The Australian arm of Japanese car manufacturing conglomerate Toyota is standing by the consumer guarantees that exist under the Australian Consumer Law (ACL) and does not believe focusing on the automotive sector as part of the Productivity Commissions’ right to repair inquiry is necessary.

Toyota outlined in its submission [PDF] that it believes “sufficient” and “very stringent” repair remedies already exist, and therefore no additional changes are required, touting that any further changes would “require significant time and resources, which would be an additional burden on dealerships around Australia without any evidence of material benefit to the consumer”.

The company also suggested given that the right to repair inquiry coincides with the release of the Treasury’s draft Competition and Consumer Amendment (Motor Vehicle Service Repair Information Sharing Scheme) Bill 2020, which already deals with many of the same issues, the inquiry should focus on “areas that have not been under

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