President Joe Biden’s administration is set to initiate a trade investigation into Chinese semiconductors in the coming days, as part of a push to reduce reliance on a technology that U.S. officials believe pose national security risks.
December 17, 2024Donald Trump Transportation News Updates
Biden to Announce Chinese Semiconductor Probe in Coming Days
Trump to Take Reins as Biden Rushes Infrastructure Projects
WASHINGTON — While Republicans capped 2024 with a presidential victory, the Biden administration has been rushing to advance as many infrastructure and microchip projects as it can.
December 17, 2024Trump Plans Immediate Energy Push After Inauguration
U.S. President-elect Donald Trump is poised to order changes meant to encourage domestic oil and gas development immediately after his Jan. 20 inauguration.
December 17, 2024Economists Raise 2025 Inflation Forecasts on Tariff Worries
While economists expect the Fed to lower rates on Dec. 18 for a third straight meeting, they are now penciling in just three more quarter-point cuts in 2025.
December 17, 2024SoftBank to Invest $100 Billion in US After Trump Win
The plan includes a pledge to create 100,000 jobs focused on artificial intelligence and related infrastructure, including investments in data centers, semiconductors and energy.
December 16, 2024Nippon Steel’s Growth Strategy Murky After Likely US Block
The bid for the once-fabled American company ran into a maelstrom of political opposition in the U.S. in the run-up to the presidential election.
December 16, 2024Trump Considering Privatization for Struggling USPS
President-elect Donald Trump has discussed possibly overhauling the agency with Howard Lutnick, his commerce secretary nominee, and other transition officials, The Washington Post said.
December 16, 2024Agriculture Industry Talks With Trump Team on Immigration
The U.S. agriculture industry has started talks with Donald Trump’s transition team in a bid to advocate for the food business as the president-elect pledges tariffs and mass deportations.
December 13, 2024Energy Department Pushes Out Technology Loan Funds
President Joe Biden’s $400 billion green bank has just weeks to close billions of dollars in deals to finance green technology before handing the keys to the Trump administration.
December 13, 2024Trump’s Push to Eliminate EV Tax Credits Hits Red States
President-elect Donald Trump’s vow to repeal subsidies for electric vehicles risks pushing Republican congressional allies into conflict with their home-district economic interests.
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