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...The largest project was a $2bn investment by Volkswagen’s Scout Motors electric vehicle subsidiary in Columbia, South Carolina....
...Last month, Republican presidential candidate and former South Carolina governor Nikki Haley vowed to repeal the IRA, describing it as a “communist manifesto filled with tax hikes and green subsidies that...
...South Carolina awarded Volkswagen a $1.3bn incentive package to secure the project....
...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....
...The factory, worth $2bn, is one of many projects being built across the US on the back of lucrative federal tax credits and state subsidies, with South Carolina doling out a record $1.3bn in taxpayer funds...
...Kim So-young, vice-chair of South Korea’s Financial Services Commission, said Seoul’s initiative would offer more incentives for Korean companies than those offered by Japan’s equivalent JPX Prime 150 index...
...However, South Carolina had a site ready, a workforce waiting, and offered incentives worth $1.3bn — the largest sweetener in the state’s history....
...Expect tax giveaways. Click here for comprehensive FT updates on the day....
...South Carolina senator Tim Scott has filed paperwork to formally enter the 2024 presidential race, challenging former president Donald Trump for the Republican party’s nomination....
...Peltz donated to Tim Scott’s presidential primary bid last year, before the South Carolina senator dropped out of the Republican race and endorsed Trump....
...It also said Hunter Biden had included “false business deductions” on his 2018 tax return to “reduce the very substantial tax liability he faced as of February 2020”....
...What to watch today European Commission president Ursula von der Leyen visits Finnish Prime Minister Petteri Orpo....
...Mere hours after adopting the rule, Patrick Morrisey, West Virginia’s attorney-general, announced he was joining a coalition of 10 states, including Georgia and South Carolina, on Wednesday to challenge...
...He went to South Carolina first. So if we look ahead in the calendar after the New Hampshire primary, the next big contest will be the South Carolina primary at the end of February....
...Nikki Haley and groups supporting her have spent twice as much as her rivals on advertising in recent weeks, as the former South Carolina governor seeks a knockout blow in the early-voting states to become...
...What kind of role did it play in South Carolina?...
...Speaking in South Carolina, Trump said he had told a Nato leader he would “not protect” them from Russia if they “didn’t pay” and were “delinquent”. “I would not protect you,” Trump said....
...European Commission head Ursula von der Leyen said windfall profits from frozen Russian assets should be used to buy weapons for Ukraine....
...It has expelled all staff at the UN Human Rights Commission in Caracas and upheld a ban on opposition contender María Corina Machado standing in the presidential election....
...That will require the north and south to work together....
...“You are the epitome of white privilege, coming into the oversight committee, spitting in our face, ignoring a congressional subpoena to be deposed,” said South Carolina Republican Nancy Mace....
...Here, I’ll explain how she walked the expectations-management tightrope, while our Seoul correspondent hears how commission trade chief Valdis Dombrovskis received a ticking off in South Korea....
...“I do think some people are going to have to leave the industry,” said Mary Lou Wertz, founding partner of Maison Real Estate in Charleston, South Carolina. “I think this will shake some people out.”...
...If she came from a swing state rather than South Carolina, I’d suspect Nikki Haley, who meets all these criteria, of being assembled in a lab to become president....
...The writer is international policy director at Stanford University’s Cyber Policy Center and special adviser to the European Commission After years of wrangling, a global minimum corporate tax rate of 15...
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