Biden pushes to triple tariffs on Chinese steel, aluminum

MADE IN AMERICA In addition, the USTR research into shipbuilding and different industries comes after a complaint submitted by organisations, including the United Steelworkers, next month. They urged for action to address “unreasonable and biased” policies and practices used by Beijing to occupy these companies. The United Steelworkers ‘ unionContinue Reading

Why is Trump now defending TikTok in the US after trying to ban it?

Trump’s stance, according to experts, could harm his tough-on-China picture, and some traditional media outlets have previously criticized him for “putting China second.” The turnaround is a new development. Following a disagreement over their backing various individuals in the 2022 US Senate primary competition in Ohio, Trump officially patched upContinue Reading

Blown-out Boeing door plug was made in Malaysia, US authority to scrutinise supply chain

Boeing CEO Dave Calhoun visited Spirit’s production facilities in Wichita on Wednesday for an employee town hall alongside Spirit’s CEO, Pat Shanahan.

Speaking to about 270 factory workers, engineers and other employees, Shanahan said Spirit would “make changes and improvements” and “will restore confidence”.

Calhoun said, according to Boeing: “We’re going to get better, not because the two of us are talking, but because (of) the engineers at Boeing, the mechanics at Boeing, the inspectors at Boeing, the engineers at Spirit, the mechanics at Spirit, the inspectors at Spirit.”

The two executives answered several questions from employees, ranging from how lessons from the incident could influence future airplane designs, and whether Spirit and Boeing were united on a path forward, said a source in the room.

Boeing on Tuesday named retired US Navy Admiral Kirkland H Donald to advise the planemaker’s CEO on improving quality control.

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EU unafraid of trade war with China

SANTIAGO DE COMPOSTELA: After Beijing warned that Brussels’ investigation into Chinese electric car subsidies would harm trade relations, the EU insisted on Friday( Sep 15 ) that its economy could withstand any retaliation from China. Ursula von der Leyen, the president of the European Commission, announced the anti-subsidy research onContinue Reading

US commerce secretary to visit China next week for talks

BEIJING: US Commerce Secretary Gina Raimondo will visit China next week, Beijing and Washington said on Tuesday (Aug 22), adding to a slew of US officials dispatched in recent months to ease tensions between the world’s largest economies. Washington says it is seeking to better manage its frosty relations withContinue Reading

Biden announces curbs on US investments in China

The Treasury is considering a notification requirement for US investments in Chinese entities involved in less advanced semiconductors, and activities relating to certain types of artificial intelligence. China could exploit US investments to further its ability to produce sensitive technologies critical to military modernisation, the Treasury Department said. But itContinue Reading