Tag: President Joe Biden
U.S. delays tariff increases on Chinese imports, including EVs and batteries
The U.S. Trade Representative's office announced a delay in implementing steep tariff increases on a range of Chinese imports, including electric vehicles, their batteries,...
Understanding the political and market dynamics behind Biden’s Chinese tariffs – Kevin...
The Biden administration has announced new tariffs on Chinese EVs and other products. Therefore, on the latest episode of CBT Now, Kevin Tynan, Senior...
3,882 dealers nationwide challenge Biden on EV regulations in open letter
Nearly 4,000 dealers across the United States have collectively penned an open letter to President Biden, expressing their concern over the proposed emissions standards...
Weekly roundup: UAW strike — week 1 recap and expert insights
Earlier this week: Tensions escalated between the United Auto Workers (UAW) and Detroit-Three automakers, with the situation rapidly capturing national attention. General Motors president...
President Biden speaks on historic UAW strike against Detroit’s Big 3
Around midday on Friday, September 15, President Joe Biden delivered remarks at the White House addressing the United Auto Workers (UAW) union strike....
EU seeks changes to ‘discriminatory’ U.S. Inflation Reduction Act
The Inflation Reduction Act, which is set to go into effect this January, might make America a global leader in the electric vehicle market...
Biden vows to continue talks with South Korea over EV tax...
President Joe Biden has reached out to South Korean President Yoon Suk-yeol, signaling his willingness to continue negotiations with the country regarding the recently...
S. Korean President plans US visit to address Inflation Reduction Act...
South Korean President Yoon Suk-yeol will make his first official trip to the United States this week, and talks about electric vehicle subsidies will...
President Biden signs CHIPS bill allocating $52 B for US semiconductor...
Yesterday, President Joe Biden signed the bipartisan CHIPS and Science Act legislation into law, intending to increase American semiconductor competitiveness with China. The plan provides billions...
GDP slips 0.9% for second straight quarterly decline—Biden, Yellen deny US...
According to the Bureau of Economic Analysis, US GDP, or gross domestic product, shrank by 0.9% in the second quarter. To tackle inflation and decrease the...