Customs brokers are caught in the middle of China tariffs debate

Jul 8, 2022
As the White House decides the fate of the Trump-era taxes, customs broker Gretchen Blough is dealing with more uncertainty.
A truck drives by stacks of shipping containers at the Port of Oakland on May 20.
Justin Sullivan/Getty Images

Biden's tariff choice: Cut them in hopes of easing inflation or keep them as leverage against China

Jul 5, 2022
The Treasury secretary and the trade representative disagree on the issue.
President Biden could reportedly make a decision about rolling back tariffs on some Chinese goods as soon as this week. In his Cabinet, opinions on the issue differ.
Brendan Smialowski/AFP via Getty Images

What military aid is the U.S. sending Ukraine?

The latest military aid packages alter course and include major U.S. weapons for the first time.
Above, Ukrainian soldiers stand on an armored personnel carrier on April 18. While early U.S. aid packages included  munitions and supplies, they now include major weapon systems.
Anatolii Stepanov/AFP via Getty Images

The bump in the road for improvements to infrastructure

Apr 20, 2022
President Biden is traveling the country to promote the Bipartisan Infrastructure Law. Inflation could derail or delay that spending.
President Biden is on an infrastructure tour of the US, discussing the recent Bipartisan Infrastructure law, but inflation is causing a few roadblocks.
Scott Eisen/ Getty Images

As the expanded child tax credit draws to a close, yet another study highlights its positive impact

Apr 20, 2022
It's been especially important to low-income families and families of color.
Studies show that many parents have used the expanded child tax credit to purchase healthier food and household necessities.  
Scott Olson/Getty Images

Biden requires infrastructure bill's materials made in U.S., with exceptions

Apr 18, 2022
U.S. industry doesn't produce enough of the materials, such as steel, to satisfy the need, so this may be more of an aspiration than a policy.
Biden is calling for materials funded by the bipartisan infrastructure bill to be sourced domestically, but that's easier said than done.
Joe Raedle/Getty Images

Biden wants minerals for electric vehicles mined in the U.S.

Apr 4, 2022
The White House invoked the Defense Production Act to foot the bill for mining feasibility studies.
Key parts of electric vehicle batteries utilize nickel and cobalt, which typically come from Russia, China and other countries. Biden now wants to boost domestic supplies of the minerals.
Justin Sullivan/Getty Images

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Biden proposes minimum 20% tax on wealthiest American households

Mar 29, 2022
The plan would affect households that have more than $100 million in net worth.
President Joe Biden's budget proposal includes a billionaire minimum income tax to fund spending, but wealthy households are often good at avoiding taxes.
Nicholas Kamm/AFP via Getty Images

Rising wheat prices may not yield bounty for U.S. farmers

Mar 28, 2022
The Biden administration is examining the role market consolidation may play in the cost of seeds, fertilizer and other agricultural supplies.
The price of wheat has risen since Russia's invasion of Ukraine, but American farmers' business expenses have been increasing.
Frederic J. Brown/AFP via Getty Images

White House warns companies of growing cyberattack risk

Mar 22, 2022
While big energy and financial firms are better defended than they used to be, other critical industries are still vulnerable.
President Joe Biden warned companies against potential Russian cyberattacks this week. Experts say the U.S. is unprepared for such cybersecurity threats.
Nicholas Kamm/AFP via Getty Images