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.
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.
The June deficit fell for the second month in a row, but that doesn’t mean the U.S. is not on track for another trillion-dollar trade gap with the world. China remains largest single source of the trade deficit.