American semiconductor giants are pressing Congress to pass legislation that would provide $52 billion for their industry, warning that they may otherwise relocate overseas.
Tag: Commerce Department
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Biden to Pause New Solar Tariffs as White House Aims to Boost Adoption
The Commerce Department had been considering whether to impose the tariffs as part of a trade case against Chinese companies.
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Biden to Begin New Asia-Pacific Economic Bloc With a Dozen Allies
The goal is a resurgence in U.S. influence in the region, especially vis-à-vis China, after Trump’s withdrawal from the Trans-Pacific Partnership.
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U.S. to Lift Tariffs on Ukrainian Steel
The Biden administration will lift a 25 percent tariff on the Ukrainian steel sector for one year to help the country’s economy.
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Norman Y. Mineta, Who Served Two Presidents in Cabinet, Dies at 90
Interned in wartime as a Japanese American, he went to Congress and became the first Japanese American cabinet officer, serving Bill Clinton and George W. Bush.