Firestorms over Chinese investments, like a battery factory in Green Charter Township, are erupting as officials weigh the risks of taking money from an adversary.
The sanctions are intended to deprive President Vladimir V. Putin of equipment and technology “he needs to wage his barbaric war on Ukraine,” Treasury Secretary Janet Yellen said.
The anniversary of the Inflation Reduction Act happened to coincide with a significant decrease in the inflation rate, but the law was really about priorities like clean energy, drug prices and corporate taxes.