China companies top the leader board for EV battery manufacturing. Overcapacity will lead to a glut in EV batteries. It’ll push down prices. It might also push some out of business, especially if based in the U.S. and Europe.
Treasury sanctioned 70 Chinese defense contractors.Vanguard and BlackRock have somehow found a way to still invest in them.
As Congress returns to session, some call for new efforts to help struggling nations. Resuming the GSP, however, should not be one of them.