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Secretary of State Mike Pompeo on July 1. Photo: Manny Ceneta/POOL/AFP via Getty Images

Secretary of State Mike Pompeo announced visa restrictions on Tuesday for Chinese officials whom the Trump administration believes are restricting foreigners’ access to Tibet, limiting or eliminating those officials' ability to travel to the U.S., AP reports.

Why it matters: The travel ban comes as the U.S. rebukes China for its passage of a new security law which circumvents Hong Kong's independent legal system, for China's human rights abuses in the northwestern region of Xinjiang and global trade practices.

What they're saying: In a statement, Pompeo accused China of obstructing the travel of foreign diplomats, journalists and tourists to Tibet, an autonomous region of China, while Chinese visitors “enjoy far greater access to the United States.”

  • “Access to Tibetan areas is increasingly vital to regional stability, given the PRC’s human rights abuses there, as well as Beijing’s failure to prevent environmental degradation near the headwaters of Asia’s major rivers,” Pompeo said, according to AP.
  • He did not name who specifically would be impacted by the restrictions nor did he disclose how many officials will be affected.

Go deeper: A swift Hong Kong decoupling looms

Go deeper

Oct 13, 2020 - World

Chinese oligarch's company with ties to George W. Bush's brother plunges in value

Data: FactSet; Chart: Axios Visuals

On Friday, shares of Hong Kong Finance Investment Holding Group Ltd. plummeted, Bloomberg reported. The company is involved in real estate and natural resources.

Why it matters: Neil Bush, the brother of former President George W. Bush, sits on the company's board as deputy chairman. Neil Bush's ties to Chinese-owned companies have drawn public scrutiny and once landed a super PAC supporting his brother Jeb Bush in hot water.

Toyota to build $1.3 billion U.S. battery plant in North Carolina

The all-electric Toyota bZ4X, the company's first battery-electric vehicle, at the Los Angeles Auto Show in Los Angeles, California on Nov. 17. Photo: Frederic J. Brown/AFP via Getty Images

Toyota announced Monday it's investing $1.3 billion to construct an electric vehicle battery "megasite" near Greensboro, North Carolina, set to open in 2025.

Why it matters: Toyota's Prius hybrid won environmental plaudits when it launched in 1997, but it has since lost ground to electric vehicle world leader Tesla, per Axios' Joann Muller. This battery plant will be the first to produce automotive batteries for Toyota in North America.

3 hours ago - Politics & Policy

Congress hunts for shortcut to pass defense funding, debt limit combo

Senate Majority Leader Chuck Schumer returned to his office Monday. Photo: Anna Moneymaker/Getty Images

The scramble in Congress to pass the National Defense Authorization Act is being complicated by an effort to tie it to a needed hike in the federal debt limit.

Why it matters: The House and Senate are rapidly coming up against a series of deadlines they must address before the end of the year — or risk disrupting crucial military funding and upending the economy. Congressional leaders are now hoping they can knock out both "must-pass" priorities in one, complex swoop.

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