L1 3.0 amendment samdt1703-118

samdt1703-118

Amendment to: Further Consolidated Appropriations Act, 2024

Why China-relevant: INCREASE OF DUTY ON AUTOS ORIGINATING IN PEOPLE'S REPUBLIC OF CHINA

Timeline

2024-03-21 Filed
2024-02-05 Passed chamber (vote) [house]vehicle
2024-03-12 Passed chamber (vote) [senate]vehicle
2024-03-23 Sent to President vehicle
2024-03-23 Became law vehicle

Vehicle: Further Consolidated Appropriations Act, 2024

Introduced 2023-04-26
Passed committee 2023-11-15
Passed House 2024-02-05
Passed Senate 2024-03-12
Sent to President 2024-03-23
Became law 2024-03-23

done next step still ahead

Stage: Became law

Resolved. Model had estimated 77% to become law

+ Is/rides a must-pass vehicle (NDAA or appropriations)
+ Bipartisan support (5/7 cosponsors from across the aisle)
+ Broad cosponsorship (7 cosponsors)
+ Sponsored by a member of the majority party

Legislative likelihood — a tracking indicator, not investment advice.

Signals — secondary, directional

PRC retaliation risk medium Hawkishness 1–5 4

Directional context (see Methodology); the pinned, high-confidence axes are relevance and asset impact.

Shares that might be influenced

Each sector shows a direction (which way its China-related names are pushed) and, for precise mappings, how hard this bill hits the sector — rated marginal → very strong (1–5). Hover any chip for its definition. The headline 0–5 impact is at the top of the card.

EV & Battery negative moderate (3/5) precise 486 names

Autos, including EVs, from PRC-linked producers would face a punitive U.S. tariff barrier.

Ticker	Name (Local)	Name (EN)	Restriction Lists
300750.SZ	宁德时代	CATL (Contemporary Amperex)	1260H
002594.SZ	比亚迪	BYD
300274.SZ	阳光电源	SUNGROW POWER SUPPLY
000338.SZ	潍柴动力	WEICHAI POWER
600930.SS	华电新能	华电新能
0175.HK	吉利汽车	Geely Automobile Holdings Limited
601985.SS	中国核电	CNNP
9973.HK	奇瑞汽车	Chery Automobile Co., Ltd.
002460.SZ	赣锋锂业	Ganfeng Lithium
001289.SZ	龙源电力	CHINA LONGYUAN

+476 more

China ADRs (Broad) negative modest (2/5) precise 286 names

A direct tariff on PRC-origin autos is a market-access restriction with broader China equity sentiment effects.

Ticker	Name (Local)	Name (EN)
9988.HK	阿里巴巴-W	Alibaba Group Holding Limited
9618.HK	京东集团-SW	JD.com, Inc.
9961.HK	携程集团-S	Trip.com Group Limited
2057.HK	中通快递-W	ZTO Express (Cayman) Inc.
PDD	拼多多	PDD Holdings (ADR)
9987.HK	百胜中国	Yum China Holdings, Inc.
1179.HK	华住集团-S	H World Group Limited
9901.HK	新东方-S	NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP INC.
2076.HK	BOSS直聘-W	KANZHUN LIMITED
9896.HK	名创优品	MINISO Group Holding Limited

+276 more