Latest Lael Brainard News
Seeking to counter China, US awards $3 billion for EV battery production in 14 states
WASHINGTON (AP) — The Biden administration is awarding over $3 billion to U.S. companies to boost domestic production of advanced batteries and other materials used for electric vehicles, part of a continuing push to reduce China’s global dominance in battery production for EVs and other...
Biden administration to tax foreign-made steel and aluminum imports routed through Mexico
WASHINGTON (AP) — The Biden administration is imposing tariffs on steel and aluminum shipped from Mexico that were made elsewhere — an attempt to stop China from avoiding import taxes by routing goods through one of the United States' closest trading partners. Lael Brainard,...
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