China is preparing for invasion and occupation of Taiwan to kick-start its expansionist campaigns, and President Joe Biden is not prepared. Adm. John Aquilino, U.S. Navy commander and head of the Indo-Pacific forces, told the House Armed Services Committee that America is steadily less prepared for a war with China that now appears to be […]
China has filed a complaint against the Biden administration's EV incentive policy with the World Trade Organization (WTO), Bloomberg reports. New rules for the federal EV tax credit enacted in 2022 as part of the Inflation Reduction Act are "discriminatory" and "seriously distorted" the global EV supply chain, the Chinese Ministry of Commerce
Ohio presents a unique moment for Donald Trump’s control of the Republican Party. The former president’s tendency to put his thumb on the scale in competitive GOP primaries is irking more and more Republican officials, even as many publicly continue to endorse his presidential bid. He’s done it again in Ohio: endorsing car dealership owner Bernie Moreno in a three-way race against Matt Dolan and Frank LaRose, respectively a state senator and Ohio’s secretary of state. Despite Mr Trump endorsing...
BEIJING — China filed a World Trade Organization complaint against the United States on Tuesday over what it says are discriminatory requirements for electric vehicle subsidies. The Chinese Commerce Ministry did not say what prompted the move. But under a new U.S. rule that took effect Jan. 1, electric car buyers are not eligible for tax credits of $3,750 to $7,500 if critical minerals or other battery components were made by Chinese, Russian, North Korean or Iranian companies. The credits are...
More Americans trust former President Trump’s approach to trade than President Biden's but are split on their approach to tariffs on China, according to a new survey. The YouGov poll, released Friday, found 42 percent of Americans somewhat approve of Trump's approach to foreign trade, 11 percent higher than Biden’s 31 percent. At the same
The US resolution was not a significant change in Biden's stance on the Israel/Gaza conflict. But it was a change in strategy. Here's what to know
The Social Security trust fund reserves will be depleted in less than 10 years but both President Biden and former President Donald Trump offer only vague promises to protect it as they doggedly avoid the notorious “third rail” of American politics.
The Biden Administration attempted to pass a resolution at the United Nations Security Council on Friday that tried to pressure Israel into accepting a temporary ceasefire in Gaza -- and Russia and China vetoed it anyway.
Luke Little is easily the Chicago Cubs' biggest prospect if only because he is not at all little. The 6-foot-8 left-hander could soon play a big role in Chicago.
The United States has sanctioned China-based hackers for allegedly targeting U.S. critical infrastructure, the Treasury Department announced Monday.
A Chinese company linked to the Ministry of State Security spy service was hit with U.S. economic sanctions for conducting cyberattacks against U.S. critical infrastructure, the Treasury Department announced Monday.
(Bloomberg) -- President Joe Biden said his $20 billion award to Intel Corp. demonstrated his investments in US industries that had withered under Donald Trump’s tenure, touting a flurry of government spending he hopes will help him defeat his Republican rival in a general-election rematch.Most Read from BloombergBaltimore Wants to Sell Hundreds of Vacant Homes for $1 EachSam Bankman-Fried Says 50-Year Sentence Only Suitable for a ‘Super Villain’Justice Department to Sue Apple for Antitrust...