Biden’s Reluctant Approach to Free Trade Draws Backlash
Posted inBiden, Joseph R Jr Factories and Manufacturing International Trade and World Market Labor and Jobs Law and Legislation Trans-Pacific Partnership United States United States Economy United States International Relations United States Politics and Government United States-Mexico-Canada Agreement

Biden’s Reluctant Approach to Free Trade Draws Backlash

A law intended to bolster clean energy manufacturing has ignited debate over whether the U.S. should work to break down international trade barriers — or keep them intact to protect American workers.
Fight Over Corruption and Congo’s Mining Riches Takes a Turn in Washington
Posted inBiden, Joseph R Jr Bribery and Kickbacks Corruption (Institutional) Embargoes and Sanctions Foreign Investments Gecamines SA Gertler, Dan (1973- ) Lobbying and Lobbyists Metals and Minerals Mines and Mining State Department Treasury Department Tshisekedi, Felix United States International Relations United States Politics and Government

Fight Over Corruption and Congo’s Mining Riches Takes a Turn in Washington

Dan Gertler, an Israeli billionaire, is pressing President Biden to remove sanctions that were imposed on him for bribe-fueled transactions in the impoverished African country.
Top Economist Leaves White House, and an Economy Not Yet ‘Normal’
Posted inBiden, Joseph R Jr Coronavirus (2019-nCoV) Labor and Jobs National Debt (US) Recession and Depression Rouse, Cecilia E United States Economy United States Politics and Government White House Council of Economic Advisers

Top Economist Leaves White House, and an Economy Not Yet ‘Normal’

Cecilia Rouse says lingering effects of the coronavirus pandemic continue to haunt the recovery from recession — and drag on Americans’ optimism for the economy.
New Rules Will Make Many Electric Cars Ineligible for Tax Credits
Posted inBatteries Biden, Joseph R Jr China Electric and Hybrid Vehicles Europe European Union Factories and Manufacturing Ford Motor Co General Motors Global Warming Greenhouse Gas Emissions Hyundai Motor Co Inflation Reduction Act of 2022 International Relations International Trade and World Market Japan Lithium (Metal) Metals and Minerals Tax Credits, Deductions and Exemptions Tesla Motors Inc United States United States Politics and Government

New Rules Will Make Many Electric Cars Ineligible for Tax Credits

The Biden administration hopes its guidelines for up to $7,500 in tax credits will encourage automakers to reduce their reliance on China for batteries and raw materials.