The Democratic lawmakers called the Biden administration’s limited trade deal “unacceptable,” saying it should have been made available to Congress and the public for review.
President Biden and the European Commission president are set to discuss how to effectively counter Russia and a potential trade deal for electric vehicles.
American and European officials are trying to reach agreement on the outlines of a limited trade deal that could help resolve a major rift over America’s new climate legislation.
The governor of Nuevo León said a Tesla official had told him that the company’s plant there would be among its biggest and go up in record time.
The Biden administration has faced backlash in Europe and Asia over its plans to bolster electric vehicle and battery production.
Ford’s $3.5 billion plant in Michigan will draw on technology from CATL, a Chinese company that is the world’s No. 1 maker of electric-car batteries.
Competition, government incentives and falling raw material prices are making battery-powered cars more affordable sooner than expected.
Countries are pursuing new solutions to try to mitigate climate change. More trade fights are likely to come hand in hand.
Hanwha Qcells expects to make solar panels and their components in the United States to take advantage of President Biden’s climate policies.
Foreign-made cars no longer qualify. Tesla and G.M. should become eligible again. But officials are still working on the fine print.