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View More »US, Japan reach deal on vital minerals for EV batteries
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Japan and the United States have reached an agreement on trade in critical minerals for electric vehicle batteries.
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TAG: Correspondent Jeremy House reporting. U.S. Trade Representative Kathryn Tai said the deal with Japan showed the U.S. commitment to “building resilient and secure supply chains.”
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VERBATIM: The deal is expected to make electric vehicles using metals processed in Japan to qualify for tax incentives under President Biden’s Inflation Reduction Act. The two sides have agreed to not impose export duties on trade in lithium, cobalt, manganese, nickel and graphite _ all strategically important minerals. The U.S. and Japan have been seeking to diversify their supply chains in such resources to reduce their dependence on minerals sourced from or processed in China.
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President Biden’s handling of the economy continues to drag down his approval rating
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VERBATIM:
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Former President Trump Kicks Off Campaign Events
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Former President Donald Trump kicked off his 2024 White House bid with a stop Saturday in New Hampshire before heading to South Carolina, appearances in early-voting states marking the first campaign events since announcing his latest run more than two months ago.
Those states hold two of the party’s first three nominating contests, giving them enormous power in selecting the nominee.
Mr. Trump and his allies hope the events will offer a show of force behind the former president after a sluggish start to his campaign. In recent weeks, his backers have reached out to political operatives and elected officials to secure support for Mr. Trump at a critical point when other Republicans are preparing their own expected challenges.
Bernie Bennett reporting.
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