While the report found that Vietnam’s behavior was “actionable” under Section 301, the USTR also said in a statement on January 19, Trump’s last day in office, that it would not take any actions in relation to the findings. Trade relations under Biden and Harris Under the ...
However, the incoming US administration under Biden is expected to be more pragmatic than its predecessor, raising expectations that US-built components for the C919 will not be blocked. On Friday, China congratulated Biden on his election victory after days of ...
China’s Ministry of Commerce (MOFCOM) has requested the World Trade Organization (WTO) to set up an expert group to investigate measures such as subsidies for new energy vehicles (NEVs) provided by the US under Biden’s flagship Inflation Reduction Act (IRA). According to MOFCOM, the IRA ...
Steven Mnuchin, who served as US treasury secretary under Biden's predecessor Donald Trump, has said he is interested in acquiring TikTok and has assembled a group of investors. Elon Musk, the billionaire owner of X, formerly Twitter, came ...
Michael Hudson : Probably not that bad. Republicans and many Democrats (including Biden) want to cut social welfare spending, such as cutting health insurance and benefits for single mothers, and they want to increase defense spending. On top of that, they want tax cuts for the financial secto...
After the post-election euphoria and the celebrations in the streets are cleaned up, and with a challenging transition and handover of power digested, the Biden/Harris team will face a rude awakening to reality. Expectations of the radical left wing are high, spending desires unlimited while pub...
Mace’s and Gaetz’s comments follow similar remarks from their colleagues about the prospect of Republicans spending the next two to six years devoting every waking moment to trying to remove Biden from office. Rep. Adam Kinzinger—one of the few anti-Trump elected officials in the House, who...
HOW MUCH DID THE DEBT GROW UNDER BIDEN AND TRUMP'S TERMS? That would be $200 billion larger than last year's deficit, while the CBO's latest estimate for the current year is about $408 billion larger than an estimate published in February. A $1.9 trillion deficit would rank as the thi...
Japan is boosting defense spending after years of pacifism. Here's why 03:27- Source:CNN WashingtonCNN— The United States’ commitments to the defense ofJapanand the Philippines remain “ironclad,” PresidentJoe Bidensaid on Thursday as he hosted the leaders of those countries amid their separat...
Trump’s ex-chief of staff says he is a fascist and would govern as a dictator Four-star US General John Kelly’s claims were reported in blockbuster comments to The New York Times Cryptocurrencies Nigeria drops money laundering charges against detained Binance executive ...