Administration Ratchets Tariffs
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The New York Times - Business
Chinese Automakers’ Answer to E.U. Tariffs: Build in Europe
BYD, which leads China’s electric vehicle sector, is constructing a plant in Hungary while its Chinese rivals expand through joint ventures in Europe.10 hours ago - China -
Financial Times - World
What the EU’s new competition tsar thinks about Chinese EV tariffs
Also in this newsletter: How the Greens got their man into von der Leyen’s office14 hours ago -
Financial Times - World
America should think twice before replacing sanctions with tariffs
Donald Trump complains that they are undermining the supremacy of the dollar15 hours ago -
Inc. - Business
Biden Administration Burns Through Climate Funds as Trump Threatens to Slash Unspent Money
The White House said the administration is allocating out the funds "as quickly and as equitably as we can."21 hours ago - Joe Biden -
CNBC - Business
Republican House speaker floats deregulation and tax cuts — not tariffs — to pay for Trump proposals
Republican Speaker Mike Johnson is hours away from a House vote on his six-month funding bill, less than two weeks away from a partial government shutdown.23 hours ago - Donald Trump -
BBC News - Top stories
TGI Fridays' UK owner falls into administration
London-listed Hostmore has appointed Teneo as administrators to help it sell the restaurants.Yesterday - United Kingdom -
The Hill - Politics
Biden administration to convene AI safety summit in California
The Biden administration will host a global safety summit on artificial intelligence in November to discuss the quickly developing technology and efforts to mitigate its risks. Secretary of ...Yesterday - Joe Biden -
The Hill - Politics
Biden administration proposes wide eligibility for EV charger tax credit
The Biden administration has proposed a rule maximizing the number of electric vehicle (EV) chargers that can qualify for tax credits. Prior to the proposed rule, it was unclear whether the tax ...Yesterday - Joe Biden -
ABC News - Tech
Biden administration to host international AI safety meeting in San Francisco after election
Government scientists and artificial intelligence experts from at least nine countries and the European Union will meet in San Francisco after the U.S. elections to coordinate on safely developing ...Yesterday - Joe Biden -
The New York Times - Business
Biden Administration Extends Review Period for Nippon Takeover of U.S. Steel
U.S. Steel’s chief, David Burritt, expressed confidence on Tuesday that the sale of the American manufacturer to a Japanese owner would close “on its merits” despite bipartisan backlash.Yesterday - Joe Biden -
The Hill - Politics
Rubio leads call to reimpose Trump steel tariffs on Mexico
A bipartisan group of senators is calling on President Biden to reinstate duties on Mexican steel to guard against Chinese backdoor access to the U.S. market. In a letter led by Sen. Marco Rubio ...2 days ago - Donald Trump -
The Wall Street Journal - Business
Malaysian Glove Makers' Shares Jump as U.S. Plans Higher Tariffs on Chinese Gloves
Malaysian glove stocks surged after the U.S. said it plans to impose higher and earlier tariffs on Chinese gloves, a move likely to ease competition for Southeast Asian manufacturers.2 days ago