The Commerce Department issued guidelines for companies angling to receive federal funding aimed at bolstering the domestic semiconductor industry.
Author: Ana Swanson
Taiwan and U.S. to Begin Formal Trade Talks
The announcement comes amid tensions with China over the self-governing island, which several American lawmakers recently visited.
Congress Is Giving Billions to the Chip Industry. Strings Are Attached.
Industrial policy is back in Washington, as a vast semiconductor and science bill gives the government new sway over a strategic industry.
America’s Safety Net for Workers Hurt by Globalization Is Falling Apart
A 60-year-old program that provides retraining to workers whose jobs are eliminated because of foreign competition has expired, leaving many at risk.
Companies Brace for Impact of New Forced Labor Law
Billions of dollars could be at stake as a law banning imports of products from China goes into effect.
Covid Vaccine and Fisheries Deals Close a ‘Roller Coaster’ W.T.O. Meeting
Members of the global trade group were forced to scale back plans for more ambitious agreements, but they were ultimately able to reach several deals at a meeting in Geneva.
Biden to Pause New Solar Tariffs as White House Aims to Boost Adoption
The Commerce Department had been considering whether to impose the tariffs as part of a trade case against Chinese companies.
Biden Administration Begins Trade Dialogue With Taiwan
Talks with the self-governing island, which China claims as its territory, aim to challenge Chinese trade practices and are sure to irritate Beijing.
Fed Minutes Show Officials Expecting to Raise Rates Three Times to Address Inflation
Minutes of the Federal Reserve’s May meeting underscored the deep concern within the central bank about rapidly rising prices that have far exceeded the Fed’s target.
Russian Shipping Traffic Remains Strong as Sanctions Take Time to Bite
The traffic was robust in March and April, reflecting the time it takes for sanctions to come into effect and an enduring profit motive for trading Russian energy.