US locks in steep China tariff hikes, many to start Sept. 27
6 months, 2 weeks ago

US locks in steep China tariff hikes, many to start Sept. 27

Hindustan Times  

* US locks in steep China tariff hikes, many to start Sept. 27 USTR maintains tariffs of 100% on Chinese EVs, 50% on semiconductors, 25% on batteries, steel * USTR doubles tariffs on Chinese face masks, surgical gloves syringes * US adds China tariff exclusions on five machinery categories * White House adviser says tariffs counteract 'unfair' China EV cost advantage By David Lawder Sept 13 - The Biden administration on Friday locked in steep tariff hikes on Chinese imports, including a 100% duty on electric vehicles, to strengthen protections for strategic domestic industries from China's state-driven excess production capacity. The U.S. Trade Representative's office told Reuters that many of the tariffs, including a 100% duty on Chinese EVs, 50% on solar cells and 25% on steel, aluminum, EV batteries and key minerals, would go into effect on Sept. 27. Adjustments to the punitive "Section 301" tariffs on $18 billion worth of goods announced in May by President Joe Biden were minimal and disregarded auto industry pleas for lower tariffs on graphite and critical minerals needed for EV battery production because they are still too dependent on Chinese supplies. USTR said it will allow exclusions from the tariffs for any Chinese port cranes that were ordered prior to the May 14 initial tariff announcements, as long as they are delivered by May 14, 2026.

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History of this topic

A new global economic order, if it can be built
Trending News
5 days, 1 hour ago

A new global economic order, if it can be built

China Daily  

A view of a container terminal in Lianyungang, Jiangsu province, in December. WANG CHUN/FOR CHINA DAILY Washington's punitive tariff attacks started, literally, within days of US President Donald Trump's inauguration. There are many influential people around him, Commerce Secretary Howard Lutnick for example, who truly believe in the tariff-income tax-substitution theory and are bent on going on with this "social …

A new global economic order, if it can be built
Trending News
5 days, 1 hour ago

A new global economic order, if it can be built

China Daily  

A view of a container terminal in Lianyungang, Jiangsu province, in December. WANG CHUN/FOR CHINA DAILY Washington's punitive tariff attacks started, literally, within days of US President Donald Trump's inauguration. There are many influential people around him, Commerce Secretary Howard Lutnick for example, who truly believe in the tariff-income tax-substitution theory and are bent on going on with this "social …

Chinese ships are carrying America’s cargo. The US wants to reverse that.
2 weeks, 1 day ago

Chinese ships are carrying America’s cargo. The US wants to reverse that.

Live Mint  

SINGAPORE—In 2002, with China’s shipyards producing just 8% of global commercial tonnage, then-Premier Zhu Rongji challenged his nation. China’s dominance has spurred President Trump and a bipartisan group of lawmakers to form a plan that would make America a shipbuilding power again. Chinese Premier Zhu Rongji making a speech at the launch of the world’s first commercial magnetic levitation train …

Tesla Tells Trump Administration It’s Worried About Tariff Trade Wars
2 weeks, 2 days ago

Tesla Tells Trump Administration It’s Worried About Tariff Trade Wars

Huff Post  

LOADING ERROR LOADING Electric car company Tesla is asking President Donald Trump’s administration to “consider the downstream impacts” of retaliatory tariffs in Trump’s trade war with multiple countries. The March 11 letter to the U.S. Trade Representative’s Office, which is reportedly unsigned but on the company letterhead, warned that Trump’s tariffs ― including a 25% tariff on all steel and …

China imposes retaliatory tariffs on Canadian farm and food products as Ottawa struggles with Trump
3 weeks, 1 day ago

China imposes retaliatory tariffs on Canadian farm and food products as Ottawa struggles with Trump

Firstpost  

An additional 100 per cent tariffs will be imposed on Canadian rapeseed oil, oil cakes and peas and an additional 25 per cent duties will be charged on pork and aquatic products China on Saturday announced retaliatory tariffs on some Canadian farm and food imports after Ottawa imposed high duties on Chinese-made electric vehicles and steel aluminium products in October. …

Spooked China Exporters Say US Consumers Will Share Tariff Pain
3 weeks, 3 days ago

Spooked China Exporters Say US Consumers Will Share Tariff Pain

Live Mint  

Sunny Hu was about to go to bed when her phone lit up bearing bad news for her outdoor furniture business: More US tariffs just dropped. US Treasury Secretary Scott Bessent said this week that Chinese manufacturers would “eat” higher prices, while exporters in the Asian powerhouse are refusing to absorb the full costs of at least 20% levies. While …

China Hits Back At Trump's Tariffs
3 weeks, 5 days ago

China Hits Back At Trump's Tariffs

Huff Post  

LOADING ERROR LOADING BEIJING — China responded to new U.S. tariffs by announcing Tuesday it will impose additional tariffs of up to 15% on imports of key U.S. farm products, including chicken, pork, soy and beef, and expanded controls on doing business with key U.S. companies. PEDRO PARDO via Getty Images By raising tariffs, the U.S. has repaid kindness with …

China retaliates against US with tariffs, controls on US companies
3 weeks, 5 days ago

China retaliates against US with tariffs, controls on US companies

Live Mint  

China hit back at the U.S. with a slate of retaliatory measures in response to the Trump administration’s latest tariff increase, escalating a trade war between the world’s two largest economies. The coordinated action across government bodies—including a series of new tariffs on American products as well as controls on U.S. companies—was announced just as the White House’s additional 10% …

China slaps extra tariffs of up to 15% on imports of major U.S. farm exports, including soy and beef
3 weeks, 5 days ago

China slaps extra tariffs of up to 15% on imports of major U.S. farm exports, including soy and beef

The Hindu  

China announced Tuesday it will impose additional tariffs of up to 15% on imports of key US farm products, including chicken, pork, soy and beef. The addition of the 10 companies comes after China last month added two firms, fashion company PVH Group and biotechnology company Illumina, to the unreliable entities list. Separately, China added 15 U.S. companies to its …

China slaps extra tariffs of up to 15% on imports of major US farm exports and adds trade limits
3 weeks, 5 days ago

China slaps extra tariffs of up to 15% on imports of major US farm exports and adds trade limits

Associated Press  

BEIJING — China responded to new U.S. tariffs by announcing Tuesday it will impose additional tariffs of up to 15% on imports of key U.S. farm products, including chicken, pork, soy and beef, and expanded controls on doing business with key U.S. companies. By raising tariffs, the U.S. has repaid kindness with enmity, Chinese Foreign Ministry spokesperson Lin Jian said, …

China slaps extra tariffs of up to 15% on imports of major U.S. farm exports
3 weeks, 6 days ago

China slaps extra tariffs of up to 15% on imports of major U.S. farm exports

NPR  

China slaps extra tariffs of up to 15% on imports of major U.S. farm exports toggle caption Andy Wong/AP BEIJING — China announced Tuesday it will impose additional tariffs of up to 15% on imports of key U.S. farm products, including chicken, pork, soy and beef. The addition of the 10 companies comes after China last month added two firms, …

China imposes up to 15% extra retaliatory tariffs on major US farm imports, including soy and beef
Top News
3 weeks, 6 days ago

China imposes up to 15% extra retaliatory tariffs on major US farm imports, including soy and beef

New Indian Express  

BEIJING: China announced on Tuesday it will impose additional tariffs of up to 15% on imports of key US farm products, including chicken, pork, soy and beef. The addition of the 10 companies comes after China last month added two firms, fashion company PVH Group and biotechnology company Illumina, to the unreliable entities list. Separately, China added 15 US companies …

Rebutting Trump: China’s Retaliatory Tariffs
4 weeks, 1 day ago

Rebutting Trump: China’s Retaliatory Tariffs

The Diplomat  

On February 1, 2025, U.S. President Donald Trump declared that all imports from China would be subject to a new 10 percent tariff, citing concerns such as fentanyl trafficking and intellectual property theft. This unilateral tariff increase came on top of existing tariffs on China, making another chapter in the ongoing trade war between the world’s two largest economies. The …

Chinese manufacturers speed up efforts to dodge Trump tariffs
1 month ago

Chinese manufacturers speed up efforts to dodge Trump tariffs

Live Mint  

After the Trump administration put a new 10% tariff on Chinese products earlier this month, Agilian Technology, an electronics manufacturer in China, pressed forward with its plan to avoid additional levies. Since Trump’s first presidential campaign, Steve Greenspon, chief executive of Illinois-based houseware company Honey-Can-Do International, has been interested in moving more of his production outside China. Before Trump’s first …

Trade deal ‘possible’ with China: Trump
1 month, 1 week ago

Trade deal ‘possible’ with China: Trump

The Hindu  

U.S. President Donald Trump suggested on Wednesday that a trade deal was “possible” with China — a key target in the U.S. leader’s tariffs policy. In 2020, the U.S. had already agreed to “a great trade deal with China” and a new deal was “possible”, Mr. Trump told reporters aboard Air Force One. One month into his second term in …

Chinese counter-tariffs to kick in as Trump threatens more to come
1 month, 3 weeks ago

Chinese counter-tariffs to kick in as Trump threatens more to come

NPR  

Chinese counter-tariffs to kick in as Trump threatens more to come toggle caption Andy Wong/AP BEIJING — Retaliatory Chinese tariffs on a range of U.S. products are due to take effect on Monday, as trade friction between the two rivals heated up with no end in sight. Sponsor Message Asked about the tariffs, Chinese Foreign Ministry spokesman Guo Jiakun told …

Mint Quick Edit | Dial back the US-China trade war: It’s lose-lose
Trending News
1 month, 3 weeks ago

Mint Quick Edit | Dial back the US-China trade war: It’s lose-lose

Live Mint  

Within days of the US declaring a 10% extra tariff on imports from China, Beijing has retaliated with announcements of its own that will make US shipments to the People’s Republic costlier. American coal and LPG will now face 15% tariffs and a 10% levy will apply on US crude oil, farm equipment and certain vehicles. Earlier, Canada and Mexico …

China hopes for last-minute deal that can avert US trade war, say analysts
1 month, 3 weeks ago

China hopes for last-minute deal that can avert US trade war, say analysts

New Indian Express  

BEIJING: China's new tariffs on US imports like oil, coal and cars are relatively modest in scale, suggesting that Beijing is hoping for a last-minute deal but also giving them the option to inflict more pain if needed, analysts say. China on Tuesday fired a return salvo in its escalating trade war with the United States, slapping fresh tariffs on …

"They will drive up costs": Tariffs on China may be felt in a wide range of industries
1 month, 3 weeks ago

"They will drive up costs": Tariffs on China may be felt in a wide range of industries

Salon  

President Donald Trump's tariffs on imports from China have thrown red ink all over the ledgers of ultra-low-cost online retailers like Temu and Shein. In recent years, the popularity of these Chinese online retailers has skyrocketed, with the former even securing an ad spot in last year’s Super Bowl. If you’ve ever wondered how Temu can sell smartphones for under …

China hits back at US with import tariffs including on crude oil, as Trump’s measures go into effect
1 month, 3 weeks ago

China hits back at US with import tariffs including on crude oil, as Trump’s measures go into effect

CNN  

Hong Kong CNN — Beijing announced a broad package of economic measures targeting the United States on Tuesday, hitting back after US President Donald Trump imposed 10% tariffs on Chinese imports. The ministry also said it was adding two American firms — biotech company Illumina and fashion retailer PVH Group, owner of Calvin Klein and Tommy Hilfiger — to its …

Trump administration unleashes tariffs on Canada, Mexico, and China
1 month, 4 weeks ago

Trump administration unleashes tariffs on Canada, Mexico, and China

Firstpost  

Canadian and Mexican exports to the United States will suffer a 25% tax, while Canadian energy resources would face a 10% charge President Donald Trump is placing heavy tariffs on key US trading partners Canada, Mexico, and China, but lowering the rate on Canadian energy imports, the White House announced Saturday. Trump is invoking the International Emergency Economic Powers Act …

Renewed US trade war threatens China's 'lifeline'
2 months, 2 weeks ago

Renewed US trade war threatens China's 'lifeline'

The Hindu  

China might not be able to rely on trade to steer it out of trouble as blistering tariffs being considered by US President-elect Donald Trump threaten an already struggling economy. China's economy likely grew 4.9% last year, according to an AFP survey of experts, fractionally short of the government's five percent target and down from 5.2% in 2023. Adjusted for …

U.S. importers rush in goods from China as Trump tariff threat looms
2 months, 2 weeks ago

U.S. importers rush in goods from China as Trump tariff threat looms

The Hindu  

U.S. imports from China finished the year strong after some companies stockpiled shipments of apparel, toys, furniture and electronics ahead of President-elect Donald Trump's plan to impose new tariffs that could revive a trade war between the world's economic superpowers. "There has thus been an uptick in the exports of final goods from China to the U.S., as importers aim …

US importers rush in goods from China as Donald Trump’s tariff threat looms
Trending News
2 months, 2 weeks ago

US importers rush in goods from China as Donald Trump’s tariff threat looms

Live Mint  

U.S. imports from China finished the year strong after some companies stockpiled shipments of apparel, toys, furniture and electronics ahead of President-elect Donald Trump's plan to impose new tariffs that could revive a trade war between the world's economic superpowers. The equivalent of 451,000 40-foot containers of goods from China landed at U.S. seaports in December, a year-over-year increase of …

How China, India will navigate Trump’s bid for ‘tariffs, and tariffs alone’
2 months, 3 weeks ago

How China, India will navigate Trump’s bid for ‘tariffs, and tariffs alone’

Live Mint  

As Donald Trump returns as the US President on 20 January, the world will closely watch his trade policies. During his first term, Trump initiated a trade war with China in 2018, imposing tariffs on $250 billion worth of Chinese goods, including steel, aluminium, solar panels and washing machines. China's trade surplus stood at $785 billion for the first 10 …

Trump Will Reportedly Block the US Government and Military From Buying EVs
3 months, 1 week ago

Trump Will Reportedly Block the US Government and Military From Buying EVs

Wired  

The incoming Trump administration has even more plans to delay electric vehicle adoption than previously thought. According to Reuters, which has seen transition team documents, the Trump team wants to abolish EV subsidies, claw back federal funding meant for EV charging infrastructure, block EV battery imports on national security grounds, and prevent the federal government and the US military from …

US manufacturers are stocking up on imports ahead of tariffs
3 months, 2 weeks ago

US manufacturers are stocking up on imports ahead of tariffs

Live Mint  

U.S. manufacturers are stockpiling imported parts and raw materials in anticipation of President-elect Donald Trump imposing new tariffs next year. U.S. industrial manufacturers and consumer-packaged-goods companies are buying up critical parts and raw materials, such as emulsifiers and flavor enhancers, driving up demand, according to GEP, a supply-chain software company that gathers the data. U.S. businesses are giving priority to …

US hikes tariffs on imports of Chinese solar wafers, polysilicon and tungsten products
3 months, 2 weeks ago

US hikes tariffs on imports of Chinese solar wafers, polysilicon and tungsten products

Associated Press  

BANGKOK — The Biden administration plans to raise tariffs on solar wafers, polysilicon and some tungsten products from China to protect U.S. clean energy businesses. The notice from the U.S. Trade Representative’s office said tariffs on Chinese-made solar wafers and polysilicon will rise to 50% and duties on certain tungsten products will increase to 25%, effective on Jan. 1, following …

Trump is threatening to raise tariffs again. Here’s how China plans to fight back
3 months, 3 weeks ago

Trump is threatening to raise tariffs again. Here’s how China plans to fight back

LA Times  

President-elect Donald Trump has threatened to impose new tariffs on Chinese imports when he takes office, a move that would deepen a trade war he started six years ago. Trump kicked off a trade war in 2018 by imposing 25% tariffs on imports from China — including industrial machinery, cars, auto parts and television cameras. Last week, the U.S. expanded …

China-EU solution to tariff war coming soon
Top News
4 months ago

China-EU solution to tariff war coming soon

China Daily  

Hundreds of vehicles manufactured by Chery line up at a port of Wuhu, Anhui province, awaiting export. The prospect of nearing an alternative solution by China and the European Union to the bloc's imposition of extra tariffs on Chinese-made battery electric vehicles would provide a much-needed buffer to avoid the escalation of trade tensions between the two economic powerhouses, analysts …

China-EU solution to tariff war coming soon
Top News
4 months ago

China-EU solution to tariff war coming soon

China Daily  

By Wang Keju | chinadaily.com.cn | Updated: 2024-11-25 17:45 Hundreds of vehicles manufactured by Chery line up at a port of Wuhu, Anhui province, awaiting export. The prospect of nearing an alternative solution by China and the European Union to the bloc's imposition of extra tariffs on Chinese-made battery electric vehicles would provide a much-needed buffer to avoid the escalation …

Tariff hikes will backfire, and China can manage such ‘external shocks,’ a senior official says
4 months, 1 week ago

Tariff hikes will backfire, and China can manage such ‘external shocks,’ a senior official says

Associated Press  

HONG KONG — Higher tariffs on Chinese exports will backfire, just increasing prices paid by consumers, while China can manage to weather the impact of such “external shocks,” a senior Commerce Ministry official said Friday in Beijing. Responding to a reporter’s question about U.S. President-elect Donald Trump’s plan to impose 60% tariffs on imports from China, Vice Commerce Minister Wang …

American companies are stocking up to get ahead of Trump’s China tariffs
4 months, 1 week ago

American companies are stocking up to get ahead of Trump’s China tariffs

Live Mint  

By 9 p.m. on election night, it had become clear to Jason Junod that Donald Trump was returning to the White House. When Trump began his trade war against China in 2018, U.S. businesses scrambled to front-load imports before tariffs were implemented, according to an International Monetary Fund analysis. Though China’s share of U.S. imports has declined to roughly 14% …

Not just China, these US allies too could suffer the most by Donald Trump's tariffs
4 months, 2 weeks ago

Not just China, these US allies too could suffer the most by Donald Trump's tariffs

Hindustan Times  

President-elect Donald Trump has pledged to levy tariffs on imported goods as part of his second-term economic strategy. During his election campaign, Trump promised to employ tariffs to promote American companies, imposing up to 60 percent levies on Chinese goods and up to 20 percent on imports from other nations. Europe would be severely affected if… Speaking to Newsweek Dr. …

The Impact of Higher Tariffs On Inflation In The U.S. And Global Trade Dynamics
4 months, 3 weeks ago

The Impact of Higher Tariffs On Inflation In The U.S. And Global Trade Dynamics

The Quint  

Understanding Tariffs and Inflation What Are Tariffs? The intent behind tariffs typically includes protecting domestic industries from foreign competition, raising government revenue, and influencing international trade balances. In January 2018, the Trump administration imposed up to 30% tariffs on imported solar panels to protect U.S. manufacturers from foreign competition, particularly from countries like China. This action aimed to promote the …

What to know about Europe's tariffs on Chinese electric vehicles
5 months ago

What to know about Europe's tariffs on Chinese electric vehicles

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. The European Commission, the EU’s …

EU Imposes 45.3% Tariffs on Chinese EVs, Sparking Trade War with China
5 months ago

EU Imposes 45.3% Tariffs on Chinese EVs, Sparking Trade War with China

Firstpost  

The European Union (EU) has imposed tariffs of up to 45.3 per cent on Chinese-built electric vehicles to counter alleged subsidies. The new rates will take effect the following day and will apply to Chinese brands' share of the EU market, which is estimated to be 8 per cent from below 1 per cent in 2019. The EU's stance towards …

Impact of US tariffs on solar firms seen limited
6 months, 1 week ago

Impact of US tariffs on solar firms seen limited

China Daily  

Employees work at a solar panel production facility in Jinhua, Zhejiang province, in August. The United States' latest move to raise tariffs on upstream polysilicon and wafers from China is expected to have only a limited impact on China's solar power sector, said analysts and companies. Further control over tariffs on photovoltaic imports could increase the cost of solar projects …

Impact of US tariffs on solar firms seen limited
6 months, 1 week ago

Impact of US tariffs on solar firms seen limited

China Daily  

Employees work at a solar panel production facility in Jinhua, Zhejiang province, in August. The United States' latest move to raise tariffs on upstream polysilicon and wafers from China is expected to have only a limited impact on China's solar power sector, said analysts and companies. Further control over tariffs on photovoltaic imports could increase the cost of solar projects …

Trade body: US distorts global solar market, hampers climate change battle
6 months, 1 week ago

Trade body: US distorts global solar market, hampers climate change battle

China Daily  

The China Photovoltaic Industry Association recently highlighted serious concerns and strong opposition over the US distorting the global solar market by providing excessive subsidies to US companies and imposing high tariffs on imported solar products, hampering international cooperation to battle the looming issue of climate change. "The Inflation Reduction Act, introduced in 2022, offers subsidies of an unprecedented $369 billion …

US blasted for high subsidies to PV sector
6 months, 1 week ago

US blasted for high subsidies to PV sector

China Daily  

An aerial photo of the 100 MW tower for the solar power plant project in Cape Town, South Africa, Aug 20, 2024. The China Photovoltaic Industry Association has expressed serious concerns about and strong opposition to the United States' distorting the global solar market by providing excessive subsidies to US companies and imposing high tariffs on imported solar products. Experts …

Trade body: US distorts global solar market, hampers climate change battle
6 months, 1 week ago

Trade body: US distorts global solar market, hampers climate change battle

China Daily  

By Liu Yukun | chinadaily.com.cn | Updated: 2024-09-22 21:03 The China Photovoltaic Industry Association recently highlighted serious concerns and strong opposition over the US distorting the global solar market by providing excessive subsidies to US companies and imposing high tariffs on imported solar products, hampering international cooperation to battle the looming issue of climate change. "The Inflation Reduction Act, introduced …

US blasted for high subsidies to PV sector
6 months, 1 week ago

US blasted for high subsidies to PV sector

China Daily  

An aerial photo of the 100 MW tower for the solar power plant project in Cape Town, South Africa, Aug 20, 2024. The China Photovoltaic Industry Association has expressed serious concerns about and strong opposition to the United States' distorting the global solar market by providing excessive subsidies to US companies and imposing high tariffs on imported solar products. Experts …

Trade body: US distorts global solar market, hampers climate change battle
6 months, 1 week ago

Trade body: US distorts global solar market, hampers climate change battle

China Daily  

The China Photovoltaic Industry Association recently highlighted serious concerns and strong opposition over the US distorting the global solar market by providing excessive subsidies to US companies and imposing high tariffs on imported solar products, hampering international cooperation to battle the looming issue of climate change. "The Inflation Reduction Act, introduced in 2022, offers subsidies of an unprecedented $369 billion …

Tariff hikes will hit US consumers, experts say
6 months, 2 weeks ago

Tariff hikes will hit US consumers, experts say

China Daily  

The United States' latest move to raise tariffs on certain Chinese products threatens the stability of global supply chains and will ultimately pass the burden onto its consumers, market watchers and corporate executives said on Sunday. The Office of the US Trade Representative announced on Friday that it has finalized tariff hikes on selected Chinese products following a four-year review …

Biden imposes 100pc tariffs on Chinese electric cars
6 months, 2 weeks ago

Biden imposes 100pc tariffs on Chinese electric cars

The Telegraph  

Joe Biden has imposed steep tariffs on hundreds of billions of dollars of Chinese goods, despite Kamala Harris calling similar levies proposed by Donald Trump a “sales tax”. The decision comes despite Ms Harris’s criticism of Chinese tariffs proposed by Trump, which she said would amount to a tax on consumers and worsen inflation. During the presidential debate on Tuesday, …

US businesses raise imports over tariff fears
6 months, 4 weeks ago

US businesses raise imports over tariff fears

China Daily  

A container ship of China's COSCO Shipping docks at a container terminal of the Port of Long Beach in California, the United States, Aug 20, 2021. "We are going to have 10 to 20 percent tariffs on foreign countries that have been ripping us off for years," he said in a speech in North Carolina on Aug 14. Mary Lovely, …

US businesses raise imports over tariff fears
6 months, 4 weeks ago

US businesses raise imports over tariff fears

China Daily  

A container ship of China's COSCO Shipping docks at a container terminal of the Port of Long Beach in California, the United States, Aug 20, 2021. "We are going to have 10 to 20 percent tariffs on foreign countries that have been ripping us off for years," he said in a speech in North Carolina on Aug 14. Mary Lovely, …

Planned tariff hikes targeting China self-serving show by US politicians: China Daily editorial
6 months, 4 weeks ago

Planned tariff hikes targeting China self-serving show by US politicians: China Daily editorial

China Daily  

Fully loaded container ships are seen at the port of Los Angeles, California, the United States on Oct 29, 2021. That is why the United States Trade Representative's Office has again delayed an announcement of its final determination on steep tariff increases on Chinese products including electric vehicles, batteries, semiconductors and solar cells. The Joe Biden administration in May announced …

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