Should China EV Battery Makers Get Government Funding?
Should the Chinese EV battery making company Gotion High-Tech get benefits under the Inflation Reduction Act? Rep. John Moolenaar wants to know.
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Study Finds Over 90% of all Generic Drugs Dependent on Imports
The Active Pharmaceutical Ingredient Innovation Center (APIIC), a consortium of biotechnology industry, policy and academic leaders, said in a whitepaper released to the media on Jan. 24, that reshoring the manufacture of essential, life-saving pharmaceuticals was urgently needed.
Homeland Security Faces Daunting Task in Policing Duty Free Entry of Foreign Textiles and Apparel
Homeland Security and U.S. Customs face a daunting task in policing the millions of packages full of textile fabrics and apparel that come into the country duty free. They know it. What can be done about it, is the question.
Is China Overproducing Solar Again? IEA Report Says Yes.
The capacity for China to overproduce anything is legion. This is especially true for big ticket items sold around the world, from cars to steel to China’s top green tech product line – solar cells and modules.
Biden “Anti-Tariff” Trade Nominee Irks Leading Democrats; Potentially Opposing Figure at USTR
Nelson Cunningham would be the second in command at the USTR after Katherine Tai in his role as Deputy United States Trade Representative.
WSJ Continues to Cry About Tariffs. Here’s Where They Are Wrong.
The Wall Street Journal has started 2024 bemoaning tariffs. They are for losers, the WSJ Inside View columnist Andy Kessler wrote in December, ending 2023 with a taste of what is expected to come this year, an election year.
House Foreign Affairs Committee Considers More China Restrictions, This Time on Entire Sectors
The House Foreign Affairs Committee said in its hearing on U.S. capital flows to China military companies on Wednesday that it would push the full House to take up legislation that would restrict outbound investment to entire sectors of the Chinese economy.
Manchin Goes Scorched Earth On IRA EV Tax Credits
The Biden administration’s signature clean energy law, the Inflation Reduction Act (IRA), got its clock cleaned last week at a Senate Energy Committee hearing.
Fentanyl Hearing Starring Country Music Star Jelly Roll Talks Sanctions; Mainly Threatens China
This week’s Senate Banking Committee hearing on fentanyl was high on celebrity, short on solutions.
Uyghur Forced Labor Law Faces Formidable Opponent With De Minimis Rule In Place, Homeland, Customs Tells House Hearing
The roughly two-year-old Uyghur Forced Labor Law (UFLPA) may be pushing a boulder uphill thanks in large part to the de minimis provision that allows for $800 of duty free shipments from around the world to enter the U.S. Those packages do not face the same scrutiny as those coming in from formal entry. Christa…
