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...Comac is highly reliant on western suppliers for key components including engines supplied by the Franco-American venture CFM International and auxiliary power units supplied by US-based Honeywell, making...
...Greg Smith, American Airlines chair and a former Boeing finance director, is seen as another potential candidate....
...It also sits in the country’s most densely populated area, with easy links to major manufacturing hubs across the South and Midwest. Shipping by water is cheaper and cleaner than by truck or air....
...Intel’s chief executive Pat Gelsinger called it a “defining moment for the US and Intel as we work to power the next great chapter of American semiconductor innovation”, particularly as the race to develop...
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...Audi is looking into manufacturing electric cars in the US, including using space in a $2bn plant being built by parent company Volkswagen in South Carolina....
...American Airlines has said it expects to receive 16 of the narrow-body aircraft in 2024, according to a regulatory filing, down from a January estimate of 20 and previous one of 25....
...US Treasury secretary Janet Yellen this month raised concerns about Chinese oversupply as Beijing increases investment in manufacturing....
...Washington and Brussels have launched separate investigations into China’s electric vehicle industry, the former targeting security risk to Americans, the latter over allegations of unfair state support....
...The funding will go towards two new manufacturing plants in Clay, New York, as well as a plant in Boise, Idaho, where Micron has its headquarters....
...Elkins said any legislation should ensure existing contracts are allowed to run to their end to give “all manufacturers the opportunity to move manufacturing appropriately”....
...The legislative dodge undercuts the law’s intent to bolster North American EV manufacturing while upholding its climate change goals by giving consumers more choices to go electric....
...Go deeper: Xi’s pivot towards high-technology manufacturing, rather than relying on incentives to boost consumer-led growth, is leading many to fear a flood of cheap exports....
...By 83 per cent to 8 per cent, Americans agree that “we need a stronger manufacturing sector”....
...Despite the protectionist trade landscape under US President Joe Biden, BYD is also finding new ways to operate in the American market....
...US carmakers including Ford, General Motors and Tesla have all recently paused plans to expand EV manufacturing capacity....
...“It is important to the president and me that American firms and workers can compete on a level playing field....
...Likewise, while many mainstream economists assume that foreign money flowing into US dollars should both lower American interest rates and finance American investment, this hasn’t been the case for decades...
...Toyota has pledged to invest R$11bn ($2.2bn) in Brazil by the end of the decade, boosting president Luiz Inácio Lula da Silva’s goal to revive manufacturing in the South American nation....
...“We have always maintained a very deep and close co-operative relationship with European, American and Japanese manufacturers in the industrial chain,” Zhu said....
...Joe Biden described the US economy as “the envy of the world” and spoke of an “American comeback” he believes has not been sufficiently appreciated throughout the country....
...Look at Diageo next to the American liquor group Brown-Forman....
...“While we were waiting for a decision on American support, the Russian army managed to seize the initiative on the battlefield,” Zelenskyy said in a video message....
...It meets growing demand, bolsters US solar manufacturing knowhow, and creates hundreds of good paying American jobs,” Murphy said....
...“Yellen needs to give Biden some support,” said Ma Wei, a researcher at the CASS Institute of American Studies in Beijing. “She has to come to China to say: ‘You cannot do this, you cannot do that.’”...
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