ELIZABETHTOWN (Kentucky), March 14 — US Treasury Secretary Janet Yellen on Wednesday said President Joe Biden’s administration is taking steps to ensure success of the domestic...
In SRC International civil suit, offshore asset recovery specialist says yet to see evidence Najib returned US$120m of SRC funds in bank accountAs Chinese demand flags at home amid economic turmoil, its growing exports of EVs to global markets have raised alarm bells in Washington over the potential to inflict harm on US automakers, just as its excess capacity in steel and aluminium decimated US metals producers in past decades.
As Chinese demand flags at home amid economic turmoil, its growing exports of EVs to global markets have raised alarm bells in Washington over the potential to inflict harm on US automakers, just as its excess capacity in steel and aluminium decimated US metals producers in past decades. The US Commerce Department has opened a probe into whether Chinese vehicle imports pose national security risks because of the data they transmit, an effort that could lead to additional restrictions on both EVs and conventional cars and trucks.
“It is true that China is investing very massively in this industry and the United States is taking steps to ensure that our industry is successful,” Yellen said, without specifying such actions.