WASHINGTON (Reuters) - President Joe Biden's outgoing administration is finalizing rules on Tuesday that will effectively bar nearly all Chinese cars and trucks from the U.S. market, as part of a crackdown on vehicle software and hardware from China.

President Joe Biden's outgoing administration plans to finalize rules next week cracking down on Chinese vehicle software and hardware, U.S. Commerce Secretary Gina Raimondo told Reuters.

Plus, U.S. chip restrictions threaten Nvidia's partnership with China's automakers and Biden rushes $635 Million in charging grants.

In a conversation about its Chinese competitors with the host of the Fully Charged Podcast, Robert Llewellyn, he admitted that his daily driver was a car made by one of Ford's Chinese competitors: an EV by consumer electronics giant Xiaomi called the SU7.