It's part of the government's expensive public-private partnership meant to address concerns over a reliance on foreign countries, like China, for semiconductors.
Argentina, Once One of the Richest Countries, Is Now One of the Poorest. Javier Milei Could Help Fix That.
The new libertarian president believes in free markets and the rule of law. When people have those things, prosperity happens.
That's bad news for Americans.
Tariffs of 25 percent introduced under Donald Trump have been allowed to remain in place, and Biden may tack on even more to shield American firms from competition.
There's no good reason for the government to block Americans' access to cheaper tin cans.
When the Biden administration temporarily suspended its own protectionist policies, Senate Republicans voted to reinstate them.
The DAIRY PRIDE Act says it wants to protect consumers. In reality, it's trying to protect dairy farmers from economic competition.
A new report from the GAO highlights how America's system of sugar subsidies and tariffs costs consumers about $3.5 billion every year.
Removing high tariffs from foreign imports of baby formula would ease the supply shock of possible factory closures.
Deena Ghazarian, CEO of consumer electronic company Austere, says the federal government's tariff exclusion process was "arcane, nontransparent, and highly uncertain."
Politicians Say They Want To Fight Climate Change. So Why Are They Fighting China on Electric Vehicles?
Rather than posing a national security threat, the growth of China's E.V. industry is an opportunity for global innovation.
"There's nobody that says, wait, is this good for America? Is this good for the American consumer?"
X-Dumpsters owner Steven Hedrick rents roll-away dumpsters to people, but now his city forces residents to contract with the county.
The answer? Because special interests and government prevent the free market from working the way it should.
"It's just a very classic case of everything wrong with Washington."
The host of Why We Can't Have Nice Things explains how indefensible tariffs cause baby formula shortages, screw Hawaii residents, and increase traffic in the Northeast.
The U.S. tariff code is "quite regressive and somewhat misogynist" because the most powerful lobbyist in Washington is muscle memory.
China and the U.S. are locked in a mutually destructive economic conflict.
The legislation—which was introduced in response to the derailment in East Palestine, Ohio—pushes pet projects and would worsen the status quo.
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The state’s Supreme Court strikes down an absurd, unneeded occupational licensing demand.
A bill that would expand wine sales in the Empire State is meeting familiar resistance from entrenched interests.
If the FTC wants to know why there's such a notable lack of competition within America's baby formula market, it ought to ask other parts of the federal bureaucracy.
The ideology champions the same tired policies that big government types predictably propose whenever they see something they don't like.
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The credits may be well-intentioned, but they will distort the market and lead to a windfall for U.S. companies.
Industrial policy is never as simple as it seems.
Excessive government interference in the market hurts consumers and thwarts policy goals. It also gets in the way of the government itself.
Huh, what a wild coincidence.
Volkswagen unveiled a cheap new electric concept car, but protectionist policies mean it's not worthwhile for the company to introduce it in the U.S.
It would result in shortages, decreases in productivity, and higher production costs affecting millions of American workers and nearly every consumer.
Politicians say they want to subsidize various industries, but they sabotage themselves by weighing the policies down with rules that have nothing to do with the plans.
The president's State of the Union address re-upped a tired, old promise to spend more tax dollars on less infrastructure.
A new proposal to more than triple visa entry fees for performers will harm American audiences and culture.
The Inflation Reduction Act extended tax credits for buying electric vehicles, but the requirements will put them out of reach for most customers.
Reformers had two years of unprecedented victories—and then protectionists started using scare tactics to block them
The maritime industry inserted some protectionism into the National Defense Authorization Act.