Commerce Secretary Gina Raimondo proudly held up the progress of American industry on semiconductor manufacturing Sunday, declaring that the U.S. has “out-innovated” China as the two nations fight to advance their domestic technology manufacturing. Semiconductor manufacturing has been a major priority of President Biden’s domestic policy, with Raimondo at the head. Biden has repeatedly held … Read more
Just a quarter of business economists and analysts expect the United States to fall into recession this year. And any downturn would likely result from an external shock – such as a conflict involving China – rather than from domestic economic factors such as higher interest rates. But respondents to a National Association of Business … Read more
Photo: Smith Collection/Gado (Getty Images) The Department of Homeland Security raided the U.S. subsidiary of a Chinese auto parts manufacturer outside of Dayton, Ohio on January 18, 2023. The agency won’t comment about the nature of the search warrant executed against Harco Manufacturing other than that it was part of a federal investigation, the Dayton … Read more
