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.
Wellborn Cabinets is investing in the future thanks to an anti-dumping charge against Chinese cabinetry. Now they’re thriving. Their latest factory upgrade focused on American-made parts to support local supply chains, not just foreign ones.
WASHINGTON — The Coalition for a Prosperous America (CPA) today released the following statements after the death of AFL-CIO President Richard Trumka: “Rich Trumka dedicated his life and career to fighting for American workers and U.S. based industry. His unexpected death comes as a shock that saddens all of us at CPA.” — Zach Mottl,…
Goods Deficit Also Sets Monthly Record at $93.2 Billion Department of Commerce figures published this morning show that in June the U.S. reported a trade deficit of $75.7 billion, a new record for U.S. and world history. The deficit was 6.7 percent higher than the May figure, and 49.4 percent worse than the year-ago June…