Tag: Biden, Joseph R Jr

The Next China Shock Is Here

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This is an edited transcript of “The Ezra Klein Show.” You can listen to the episode wherever you get your podcasts. The biggest economic story in the world right now is China’s growing dominance across advanced manufacturing sector after advanced manufacturing sector — from electric vehicles to batteries to solar panels to software like A.I. and open models, where they’ve become a world leader. What is happening here is very different than what we call the first China Shock, when China became a big exporter of things that were not…

What We Know About Dr. Fauci Pleading the Fifth in Senate Hearing on Covid Origins

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After Dr. Anthony S. Fauci invoked his Fifth Amendment right not to incriminate himself at the start of a Senate hearing on Wednesday, Republicans spent the next three hours battering him with questions and allegations as he sat in silence. Citing thousands of pages of government records, they held Dr. Fauci, the government’s top Covid adviser during the pandemic, responsible for school closures and lockdowns; accused him of enriching himself as people died; and even mocked his interactions with celebrities. Most significantly, they accused him of funding research that led…

Trump Pushes Chinese Election Threat, but Files Show Russia’s Heavy Hand

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President Trump’s prime-time speech last Thursday was intended to shore up his tenacious lies that the 2020 election was stolen from him and leaned heavily on recycled claims that the Chinese government tried to tip the scales against him. But a trove of intelligence documents that Mr. Trump declassified in hopes that they would bolster his assertions arguably made a stronger case that a different country — Russia — had meddled in the race. Mr. Trump, nonetheless, barely mentioned Russia during his 25-minute address, in keeping with his longstanding aversion…

Republican Bill to End E.V. Tax Credit Could Hurt G.M. and Ford

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Sales of electric vehicles have been rising in recent years, partly because of a $7,500 tax credit from the federal government that helps lower the cost of buying one. But a budget bill that House Republicans released on Monday would end that tax credit. Their proposal would also put new restrictions on other tax breaks that have encouraged automakers to invest tens of billions of dollars in new battery plants in the United States. By next year, the bill would do away with the $7,500 tax credit for buyers of…

U.S. Call for Gaza Cease-Fire Runs Into Russia-China Veto

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A U.S. bid to have the U.N. Security Council call for “an immediate and sustained cease-fire” in the Gaza Strip failed on Friday, after Russia and China vetoed the American resolution that included some of Washington’s strongest language since the start of the war. The resolution reflected the Biden administration’s growing frustration both with the dire humanitarian crisis in Gaza and Israel’s conduct in a war that has killed about 30,000 people and reduced much of the enclave to ruins. The administration has been pressuring Israel not to attack the…

Biden the President Wants to Curb TikTok. Biden the Candidate Embraces Its Stars.

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The White House is so concerned about the security risks of TikTok that federal workers are not allowed to use the app on their government phones. Top Biden administration officials have even helped craft legislation that could ban TikTok in the United States. But those concerns were pushed aside on Thursday, the night of President Biden’s State of the Union address, when dozens of social media influencers — many of them TikTok stars — were invited to the White House for a watch party. The crowd took selfies in the…

Biden Calls Chinese Electric Vehicles a Security Threat

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President Biden took steps on Thursday toward blocking internet-connected Chinese cars and trucks from entry to the American auto market, including electric vehicles, saying they posed risks to national security because their operating systems could send sensitive information to Beijing. The immediate action was the opening of a Commerce Department investigation into security threats, which could lead to new regulations or restrictions on Chinese vehicles. But administration officials made clear it was the first step in what could be a wide range of policy responses meant to stop low-cost Chinese…

Biden Issues Executive Order to Restrict Personal Data Sales to China and Russia

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President Biden issued an executive order Wednesday seeking to restrict the sale of sensitive American data to China, Russia and four more countries, a first-of-its-kind attempt to keep personally identifying information from being obtained for blackmail, scams or other harm. The president asked the Justice Department to write rules restricting the sale of information about Americans’ locations, health and genetics to China, Russia, Iran, North Korea, Cuba and Venezuela, as well as any entities linked to those countries. The restrictions would also cover financial information, biometric data and other types…

U.S. Campaign to Isolate Russia Shows Limits After 2 Years of War

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The Biden administration and European allies call President Vladimir V. Putin of Russia a tyrant and a war criminal. But he enjoys a standing invitation to the halls of power in Brazil. The president of Brazil says that Ukraine and Russia are both to blame for the war that began with the Russian military’s invasion. And his nation’s purchases of Russian energy and fertilizer have soared, pumping billions of dollars into the Russian economy. The views of the president, Luiz Inácio Lula da Silva, encapsulate the global bind in which…

Biden Plans to Harden Protection Against Cybersecurity Threats to Ports

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President Biden is expected to sign an executive order on Wednesday that will strengthen the government’s ability to respond to maritime cybersecurity threats, amid heightened concerns that China could seek to hobble crucial infrastructure systems within the United States. Anne Neuberger, the deputy national security adviser for cyber and emerging technology, previewed the executive order for reporters on Tuesday evening, saying it would broaden the powers of the Department of Homeland Security. She said that the order would also allow the U.S. Coast Guard to outline rules for establishing minimum…