Tesla founder Elon Musk told tech investors in Paris on Thursday he opposed U.S. tariffs on Chinese electric vehicles (EVs), an about-face from his January warning that trade barriers were needed or China would “demolish most other car companies in the world.” On Thursday, Musk said he did not favour measures that distorted the market. … Read more
The Biden administration’s new tariffs on Chinese electric vehicles and other strategic sectors aim to protect the future of U.S. manufacturing, but they will likely accelerate a shift of Chinese production to Mexico, Vietnam and elsewhere to avoid them. U.S. officials and trade experts say that without strong efforts to cut off transshipped or lightly … Read more
WASHINGTON (AP) — The Biden administration has told key lawmakers it is sending a new package of more than $1 billion in arms and ammunition to Israel, three congressional aides said Tuesday. It’s the first arms shipment to Israel to be announced by the administration since it put another arms transfer — consisting of 3,500 … Read more
An active-duty officer with the U.S. Army publicly announced his resignation on Monday from the Defense Intelligence Agency and the service over the American government’s policy on Gaza ― the latest official to leave their post in protest of the Biden administration’s continued support for Israel’s military offensive in the Palestinian enclave. “This office does … Read more
The U.S. reportedly put a hold last week on a weapons shipment to Israel ― a stunning diplomatic shift as Prime Minister Benjamin Netanyahu prepares to go against the Biden administration’s warnings and move forward with a military invasion of the Gazan city of Rafah. The alleged pause in large shipment of offensive weapons appears … Read more
The Biden administration rolled out its plan Thursday to overhaul the United States’ aging patchwork of fossil-fueled electrical grids, finishing work on a suite of regulations designed to rein in rising utility bills and stem worsening blackouts while cutting planet-heating pollution from power plants. The regulatory package includes the nation’s first-ever limits on greenhouse gas … Read more
Two Senate Republicans are urging the Biden administration to investigate Temu, an online marketplace owned by a Chinese parent company. Both Sen. Tom Cotton (R-Ark.) and Sen. Marco Rubio (R-Fla.) wrote letters to the Biden administration expressing their concern about Temu and alleged that it has connections to forced labor and intellectual property theft. Cotton’s … Read more
The Biden administration on Monday announced a multibillion-dollar agreement with Samsung, which will invest in semiconductor chip manufacturing in Texas. The $6.4 billion preliminary deal is the latest agreement struck using funds from the CHIPS and Science Act, a bipartisan law Biden signed in 2022. Samsung is expected to invest more than $40 billion in … Read more
DOHA, Qatar ― Six months into a war Hamas started ― with more than 33,000 Palestinians dead, more succumbing to famine daily and Israel determined to continue its aggressive campaign against the organization with robust American military support ― the militant group says it is confident it will wield significant influence in the future, come … Read more
While most of the debate over immigration focuses on the U.S.-Mexico border, one of President Joe Biden’s most effective policies so far has occurred elsewhere ― at airports. For a little over a year, Biden has used what’s called “parole” authority to collectively allow up to 30,000 vetted Cubans, Haitians, Nicaraguans and Venezuelans per month … Read more
