Officials add 1.42 percentage points to GDP in second quarter. The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced this week that America’s trade deficit…
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Labor Department Invests in Apprenticeships for Women
Awards $3.4 million to women’s recruitment, training, and retention. Secretary of Labor Marty Walsh announced last week that the Department of Labor is adding $3.4 million to the…
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U.S. to Host Indo-Pacific Economic Framework Ministerial
This will be the first in-person meeting to deepen economic ties in the region. U.S. Secretary of Commerce Gina Raimondo and U.S. Trade Representative Katherine Tai will be co-hosting…
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U.S. and Taiwan Negotiating Trade Treaty
America showing support to the island nation in face of China’s threats. Officials from the U.S. and Taiwan outlined plans Thursday for formal negotiations on a sweeping trade…
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FTC Commissioner Noah Phillips to Resign
Emails have been sent to President Biden and FTC staff. Federal Trade Commission Commissioner Noah Phillips emailed his letter of resignation to President Joe Biden on Monday, sending…
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Senate Passes Chip Manufacturing Bill
The objective is stronger competition with China. With a large bipartisan majority, the Senate on Wednesday passed a $280 billion bill to subsidize the domestic microchip manufacturing industry…
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Presidents Biden and Xi to Teleconference
Taiwan and Ukraine may both be on the agenda. President Biden said Wednesday that he expects to speak with Chinese President Xi Jinping “within the next 10 days”…
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Secretary Yellen Calls for Less Reliance on Chinese Trade
Supports strengthening supply chain with allies. The Department of the Treasury released excerpts from a speech that Treasury Secretary Janet Yellen gave in South Korea on Tuesday. The…
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U.S. Unveils Latin American Economic Plan
Administration offers “social contract” not trade agreements. President Joe Biden and Vice President Kamala Harris went to Los Angeles for the Summit of the Americas this week to…
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U.S. Proposes Sovereignty Protections from WHO
U.S. hopes to bring greater transparency and accountability to the World Health Organization. Later this month, the World Health Organization (WHO) will be reviewing recommendations from member nations…
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