Thanks to currencies worth peanuts, and weak environmental rules, China has turned three SE Asian nations into their solar-making vassal states. The 20% tariff against them is not enough. Here’s what Washington needs to do if it wants a domestic solar industry.
Customs makes good on its promise to root out imported solar cells and panels believed to have been made from polysilicon produced by Hoshine Silicon Industry, banned from the U.S. solar supply chain this summer.
School bus manufacturers are domestic. The Senate infrastructure bill gives them $5 billion to build non-diesel buses, but it falls far short of what the industry wanted in order to crank up the volume and reduce subsidy dependence.
The Chinese Communist Party is now one of three members of the board of directors at ByteDance, owners of the TikTok app. Why do we keep allowing this company to operate here, when Facebook, YouTube, and Twitter cannot operate there.
Another positive in the Senate’s recently passed $550 billion infrastructure bill: finding, and producing, more of the minerals that will power a post-fossil fuel economy. If not done fast, the U.S. will be wholly dependent on foreign sources of energy materials.
Senate Infrastructure: The ‘Build America, Buy America Act’ Stresses “Commonsense” Preference for US Products, Companies and Workers
We looked closer at the new Senate infrastructure bill. Title IX Build America, Buy America would be a big win for President Biden. And, potentially, for U.S. manufacturing and reshoring.
The Senate’s huge infrastructure bill includes provisions that turn the focus on domestic producers of everything from steel to personal protection equipment. The bill also calls for a review of trade agreements, including our relationship with the WTO. Here’s what we like so far.
An insurance company in Minnesota is suing Amazon to recover the money it’s paid out to clients whose home caught on fire due to a made-in-China solar generator sold on the website.
Tony Blinken Says National Security is Economic Security, But Biden Administration Faces Major Obstacles
Secretary of State Blinken says national security and economic security go hand in hand. But the U.S. Chamber of Commerce believes that outsourcing economic might to Asia is just as important.
The Federal Trade Commission gave itself the power this month to start fining companies that claim their products are Made in the US, but are not. CPA welcomes the final rule. The Biden administration is also touting Buy America policies, but will he let the WTO get in his way?