The leaders of the Senate Energy and Natural Resources Committee grilled a government official on the EV batteries supply chain. From copper to EV battery minerals, the U.S. is way behind.
China EV battery makers are the world’s largest. The U.S. has none. So China is getting new contracts to build EV plants, thanks to Inflation Reduction Act. Some in Washington do not want IRA benefits going to China.
GOP leadership in the House Ways & Means Committee and its trade subcommittee agree the “free trade” Generalized System of Preferences cannot be reauthorized as-is.
House Science, Space & Technology Committee hears from Commerce Secretary Gina Raimondo on the progress of CHIPS Act funding. We’re getting there, she said.
House Financial Services Committee Chairman comes out against increasing the restrictions on China investment in the U.S. Here’s why other members agreed. Plus, a warning from Maxine Waters on outbound investments to adversarial nations.
Tariffs on China led to shrinking imports from there, but not from around the world. Naysayers point out that this means tariff policy failed. But has it?