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Biden’s bid to boost solar draws backlash as too friendly to China
Biden is imposing two-year freeze on new tariffs for solar imports and invoking Defense Production Act to support US-made panels
Ukraine cautious as Turkey, Russia push Black Sea grain deal
Turkey and Russia have reached a tentative deal to restart shipments of Ukraine’s agricultural products from a key Black Sea port, but Kyiv remains skeptical…
Department of Commerce statement on President Biden’s proclamation on solar cells and modules
Today, Secretary of Commerce Gina Raimondo released the below statement following President Biden’s emergency declaration regarding the temporary duty-free importation of solar cells and modules…
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Lifting tariffs on goods may make sense, US Commerce chief says
President Joe Biden’s commerce chief said it “may make sense” to lift tariffs on some goods as a way to tame the hottest inflation in…
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Biden boosts solar manufacturing in bid to break project stall
President Joe Biden took executive action Monday to boost the US solar sector, seeking to revive clean energy projects stalled by a trade dispute and…
US sanctions threaten empire of Russian steel mogul Mordashov
US sanctions on Alexey Mordashov have put the steel magnate’s empire in peril, underlining how the war in Ukraine is upending the businesses of some…
Readout of Deputy Secretary Don Graves meeting with EU Commission on export controls
Deputy Secretary of Commerce Don Graves traveled to Brussels, Belgium to continue the Commerce Department’s close coordination with the European Union on the imposition of…
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US crackdown on forced labor in China risks further supply chaos
Pandemic and war have upended American supply chains. The next shock may come from the US campaign against human-rights abuses in China.
Global food prices stay near record as Ukraine war upends trade
Global food prices stayed near a record as Russia’s invasion of Ukraine disrupted trade, fueling hunger and worsening a cost-of-living crisis.