Biden Is Set to Detail at Least $2 Trillion in Measures to Reduce Deficits
Posted inBiden, Joseph R Jr Committee for a Responsible Federal Budget Congressional Budget Office Federal Budget (US) Health Insurance and Managed Care Inflation Reduction Act of 2022 National Debt (US) United States Economy United States Politics and Government

Biden Is Set to Detail at Least $2 Trillion in Measures to Reduce Deficits

The president’s proposals, included in the budget he will release on Thursday, are expected to heavily feature tax increases on corporations and high earners.
U.S. Eyes Trade Deals With Allies to Ease Clash Over Electric Car Subsidies
Posted inBatteries Biden, Joseph R Jr Electric and Hybrid Vehicles Inflation Reduction Act of 2022 International Trade and World Market Manchin, Joe III Tax Credits, Deductions and Exemptions Treasury Department United States Economy United States Politics and Government

U.S. Eyes Trade Deals With Allies to Ease Clash Over Electric Car Subsidies

The Biden administration has faced backlash in Europe and Asia over its plans to bolster electric vehicle and battery production.
Ford Will Build a U.S. Battery Factory With Technology From China
Posted inBatteries China Contemporary Amperex Technology Ltd Electric and Hybrid Vehicles Factories and Manufacturing Ford Motor Co Inflation Reduction Act of 2022 International Trade and World Market Labor and Jobs Lithium (Metal) Ningde (China)

Ford Will Build a U.S. Battery Factory With Technology From China

Ford’s $3.5 billion plant in Michigan will draw on technology from CATL, a Chinese company that is the world’s No. 1 maker of electric-car batteries.