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The Latest Breaking News from Gina Raimondo

Tariffs Are Adding to Inflation. Biden's Commerce Secretary Says Repealing Some 'May Make Sense.'

Tariffs imposed by President Donald Trump and kept in place by President Joe Biden are costing consumers $51 billion annually.

Reason

Biden commerce secretary shifts blame for inflation on to Russia’s war in Ukraine

Gina Raimondo’s comments seen as part of a White House push to deflect blame for nation’s economic troubles away from Biden

The Guardian - US

US Mulls Lifting Some China Tariffs to Fight Inflation

US Commerce Secretary Gina Raimondo said on Sunday that President Joe Biden has asked his team to look at the option of lifting some tariffs on China that were put into place by former President Donald Trump, to combat the current high inflation. "We are looking at it. In fact,…

Asharq Al-Awsat

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US, Taiwan Launch New Trade Pact

Biden administration officials said the U.S.-Taiwan deal would boost bilateral digital and clean energy trade and that the two partners would open talks to further technology trade and investments.

The News Lens

Global chip shortage likely to last through 2023: US official

Washington (AFP) - The global shortage of critical semiconductors is likely to last at least through next year and perhaps longer, US Commerce Secretary Gina Raimondo warned on Tuesday.

AFP

Explained | What is the Indo-Pacific Economic Framework for Prosperity?

The U.S.-led economic grouping of a dozen countries representing 40 per cent of the global GDP proposes to advance resilience, economic growth, competitiveness and fairness in member countries. However, some analysts view it as a move to counter China’s growing influence in the region.

The Hindu

Davos day 3: WTO says food crisis could last two more years without Ukrainian safe corridors – as it happened

Rolling coverage of the day 3 of the World Economic Forum

The Guardian - UK

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US unveils Asia-Pacific trade framework with Thailand among starting list of members

TOKYO: US President Joe Biden launched a new Asia-Pacific trade initiative on Monday in Tokyo, with 13 countries including India and Japan signed up, although questions about the pact's effectiveness remain.

Bangkok Post

US unveils Asia-Pacific trade framework, but questions remain

Tokyo (AFP) - US President Joe Biden launched a new Asia-Pacific trade initiative Monday in Tokyo, with 13 countries including India and Japan signed up, although questions about the pact's effectiveness remain.

AFP

Gov. Pritzker, Illinois delegation scrambling to grab federal dollars ‘owed’ due to census goof

The Census Bureau bungle deprives Republicans of a main attack line: blaming Pritzker and Democrats for Illinois population loss — since, it turns out, the population grew.

Chicago Sun-Times

Biden to launch Indo-Pacific economic plan in next days in Japan

US President Joe Biden will launch a long-awaited economic initiative for increasing US involvement in Asia in the coming days during his trip to the region, according to one of the cabinet officials leading the initiative.

Bangkok Post

Russian troops 'using dishwashers and fridges parts to repair failing equipment'

Semiconductors, which were also known as computer chips, were the brains that operated most modern electronics - from appliances to fighter jets

Daily Mirror

Biden administration to release $45B for nationwide internet

The Biden administration is taking the first steps to release $45 billion to ensure every U.S. resident has access to high-speed internet by roughly 2028

The Independent UK

Russians forced to use household appliances in military gear because of sanctions, US says

Commerce Secretary Gina Raimondo said that Putin’s forces using chips from dishwashers and refrigerators

The Independent UK

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Reuters

U.S. seeks better supply chain resilience with Southeast Asia -Raimondo

U.S. Commerce Secretary Gina Raimondo said on Thursday that the United States was looking to deepen resilience of supply chains with Southeast Asian partners.

The Independent UK

Live updates | Ukraine reports more airstrikes on Azovstal

Ukraine’s military says Russian forces are continuing airstrikes on the Azovstal steelworks in Mariupol and pressing their advance on towns in eastern Ukraine

Reuters

China opposes semiconductor bill because it will give U.S. advantage -U.S. commerce chief

U.S. Commerce Secretary Gina Raimondo said Wednesday the Chinese government opposes an effort in Congress to ramp up U.S. semiconductor manufacturing because it will give the United States more of a competitive punch.

The Independent UK

Raimondo: Inquiry on solar imports follows the law

Commerce Secretary Gina Raimondo pushed back forcefully Wednesday against critics — including some within the Biden administration — who say a government investigation of solar imports from Southeast Asia is hindering President Joe Biden’s ambitious climate goals

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Axios

Biden admin lifts tariffs on Ukrainian steel

Ukraine is the world's 13th largest steel producer.

Los Angeles Times

California promised to close its last nuclear plant. Now Newsom is reconsidering

LOS ANGELES — With the threat of power shortages looming and the climate crisis worsening, Gov. Gavin Newsom may attempt to delay the long-planned closure of California’s largest electricity source: the Diablo Canyon nuclear plant.

Financial Times

America’s lopsided China strategy: all guns and no butter

Facing criticism that its approach focuses too much on defence, the administration is preparing an economic plan for the Indo-Pacific

Tribune News Service

Senators Warren and Casey press Biden’s trade officials to prioritize workers

Democratic Senators Elizabeth Warren and Bob Casey pressed top Biden administration trade officials to prioritize the interests of workers over companies in talks on a potential new pact among Pacific nations.

The Hindu

EAM Jaishankar meets USTR Katherine Tai, Commerce Secretary Gina Raimondo

EAM Jaishankar and USTR Katherine Tai took stock of India-U.S. trade ties, discussed the implications of the Russia-Ukraine war on global trade and the Indo-Pacific Economic Framework

The Independent UK

Garland, Raimondo test positive for COVID-19

Attorney General Merrick Garland has tested positive for COVID-19 and will quarantine at home for five days

Tribune News Service

Carl P. Leubsdorf: Vice president missed her chance

This could have been Vice President Kamala Harris’ night. But instead, it was Gov. Chris Sununu’s.

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