Keyword: commerce
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Breitbart economics editor John Carney said Thursday on Fox Business Network’s “Kudlow” that President Joe Biden is implementing regulations that were crushing the economy. Carney said, “When you add on giant regulatory burdens onto the private sector what you end up doing is crushing the ability of businesses to grow, crushing the ability of businesses to hire people, crushing people to start new businesses. That is what happened under Obama when it was just 1/5 of what Biden has done. Biden this is just the track record so far, imagine what he will do when he is a lame duck...
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The president made the announcement in an address to union workers in Pennsylvania.President Joe Biden called for tripling tariffs on Chinese steel and aluminum Wednesday when he spoke to union members in battleground Pennsylvania. In remarks at the headquarters of the United Steel Workers, Biden said that China was "cheating" in its steel trade practices and that the Office of the U.S. Trade Representative — the federal agency charged with developing U.S. trade policy — is investigating the Chinese government's practices tied to the trade of steel and aluminum. "If that investigation confirms these anti-competitive trade practices, then I’m calling...
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From N.C. Bar & Tavern Ass'n v. Cooper, decided yesterday by the N.C. Court of Appeals, in an opinion by Judge April Wood, joined by Judges Donna Stroud and Jefferson Griffin: Plaintiffs appeal from the trial court's order granting summary judgment for Defendant and dismissing all their claims arising out of Defendant's Executive Order No. 141 issued in response to the COVID-19 pandemic. On 17 March 2020, Defendant issued Executive Order No. 118 closing all bars including those in restaurants. On 20 May 2020, Defendant issued Executive Order No. 141 letting some types of bars reopen with specific safety precautions...
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President Biden argued that it never occurred to former President Trump to take a competitive stance against China, while rolling out a slew of actions Wednesday intended to protect the U.S. steel industry from Chinese exports. Biden was in Pittsburgh at the United Steelworkers headquarters touting the new actions, which involves him calling on the Office of the U.S. Trade Representative to consider tripling the existing 7.5 percent tariff rate on Chinese steel and aluminum imports. The president also said to boost competition with China, he has revitalized partnerships in the Pacific with countries like India, Australia, South Korea, the...
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Let’s face it: Central planning of the economy hasn’t worked out so well in many places where it has been tried (e.g., Soviet Union, Cuba, North Korea, etc.). But then, here in New York, we are so much smarter than the dolts who fell on their faces in those backwaters. With utter confidence in our genius, we have embarked upon the total centrally-directed transformation of the economy into “net zero” utopia, via the Climate Leadership and Community Protection Act of 2019. But that project is barely getting under way. It will be a few years before we have enough feedback...
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A San Francisco supervisor wants to require grocery stores to provide six months of notice before closing a location A San Francisco lawmaker introduced a proposal that would require grocery stores in the city to provide six months of notice before closing a store and to explore a replacement supermarket at the vacated location. Dean Preston, a member of the San Francisco Board of Supervisors, introduced what he calls the Grocery Protection Act – which is based on a proposal the board approved in 1984 that was vetoed by then-San Francisco Mayor Dianne Feinstein. Preston's proposal would require grocery store...
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American truck drivers are sounding the horn on the Biden administration's recently finalized environmental regulations that aim to push for the heavy-duty vehicle sector to go all-electric. The truckers voiced concerns that electric heavy-duty vehicle technology is not nearly advanced enough to replace the nation's existing diesel-powered fleet, noting limitations on vehicle batteries, like low performance in cold weather conditions and shorter range. They also warned that the lack of high-powered charging infrastructure and power grid upgrades needed for fueling vehicles would present additional problems. "I'm an owner-operator. I've been in the business for 30 years," Mike Nichols, a Wisconsin-based...
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Why shipping choke points like Panama are FUBAR and getting worse. Long, detailed explanation of all the problems.
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The Biden administration has announced in recent weeks new stringent emissions requirements for virtually the entire American transportation system.The Environmental Protection Agency will mandate by the year 2035 that virtually every car made and sold in America must be an EV. No more gas cars. The New York Times comically declared that motorists don't have to worry because this "is not a ban on gasoline-powered vehicles." Sure it isn't. Today less than 2% of cars use the electric power grid for fuel. So soon we will see 50 times more demand for electricity from autos. Then the EPA announced new...
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Secretary of Transportation Pete Buttigieg said Tuesday on Fox News Channel’s “America Reports” that people who do not want electric cars were like those who wanted “landline phones forever.” Buttigieg said, “Let’s be clear consumers have wanted and purchased more EVs every single year than the year before. Tesla is facing more competition as GM and Ford and Stellantis and other competitive players make sure they get a piece of the EV market. Let’s be clear, the automotive sector is moving toward EVs and we can’t pretend otherwise. Sometimes, when these debates happen, I feel like it’s the early 2000s...
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The war on gas-powered vehicles continues. While the White House recently released new rules to phase out gas-powered vehicles by 2032, several states have gone further. Eight states plan to completely ban the sale of new gas-powered cars by 2035, the U.K.’s Daily Mail reported. Who’s leading the charge, you might ask? Why, it’s California, of course! They are joined by Rhode Island, Maryland, Massachusetts, New Jersey, New York, Oregon, and Washington. Washington, D.C., has also committed to the ban, according to Money. If you live in one of these states, you won’t be forced to take your gas-powered car...
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It’s ethnic discrimination to force Big Apple pizzerias and matzah-makers to cut the smoky pollutants from their wood- and coal-fired ovens, according to a new bill sponsored by a state lawmaker. Assemblyman Sam Pirozzolo (R-Staten Island) told the Post that his proposed law would exempt businesses — some of them legendary local establishments — from a controversial city green edict that orders them to reduce such emissions by 75%. “I’m trying to stop discrimination against ethnic restaurants. These misguided laws go against businesses that cook ethnic cuisine,” Pirozzolo said. “A cop just got killed. People are getting thrown in front...
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YGTBFKM Until today, I didn't realize that individuals are now being assigned ESG scores that some institutions use to decide whether they will do business with a person. I obviously knew about ESG scores that huge investment firms are using to force corporations to conform to ideological demands. I knew that in some cases, prominent individuals or troublemakers have been blackballed by banks and other firms. And, of course, I know that some companies that sell politically incorrect items are getting deplatformed by PayPal and even web providers. But I didn't know that an industry has sprung up to analyze...
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A constitutional battle is shaping up over whether the U.S. government can force the owners and top employees of small businesses to send their addresses and photo IDs to federal financial crime investigators. The Biden administration has appealed a decision by a federal judge in Alabama, who ruled this month the Corporate Transparency Act exceeded the powers granted to Congress by the Constitution. The government says the information collected from small businesses will ferret out shell companies and help law and intelligence officers foil human smugglers, drug traffickers and terrorists. The appeal has a good chance because courts rarely strike...
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Amos Miller, an Amish farmer in Lancaster County, Pennsylvania, will be allowed to sell his raw milk products out-of-state following a ruling this week by Lancaster County Judge Thomas Sponaugle. Attorney and podcast host Robert Barnes, who represents Miller in the case, labeled the decision a “major win” for the farmer. “Court agreed to modify injunction so that it only applies within the state of Pennsylvania removing the ban on sales to customers outside state,” he wrote, thanking Rep. Thomas Massie (R-Ky.) and independent presidential candidate Robert F. Kennedy Jr. for their support. ...........
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The Yemeni militia’s three-and-a-half month long campaign of ship seizures, missile and drone strikes has added billions of dollars to global commercial shipping costs, with the fighters vowing to continue their partial blockade of the Red Sea until Israel halts the war in Gaza. The Houthis will continue their operations against Israel-affiliated commercial vessels and Western warships in the Red Sea throughout the holy month of Ramadan, militia spokesman Yahya Saree has announced. “We will continue to prevent navigation to the ports of occupied Palestine until the end of the aggression and the siege of Gaza,” Saree said in a...
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Top microchip makers are postponing their expansion into the U.S. and setting up shop in Israel and Russia due to equity caveats that are required for them to receive grants from the U.S. government. The Biden administration promised earlier this year that they would be handing out $39 billion in grants to encourage semiconductor manufacturing in the U.S. Shortly after the announcement however, Intel announced they would be holding off on their Columbus factory, while Samsung also delayed their facility in Texas. Despite the billions in subsidies, two experts believe the tech companies' decision to back out of building manufacturing...
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A congressional investigation has discovered strange communication equipment on Chinese-built cargo cranes at U.S seaports, The Wall Street Journal reported on Thursday. Rather than building them domestically at potentially higher costs, the U.S. relies heavily on Chinese-built cargo cranes that are relatively cheap to produce and equip at seaports across the country. The congressional probe discovered that several of these cranes, built by Chinese mega-manufacturer ZMPC, contain communications devices that were not requested or don’t appear to support standard operations, heightening existing espionage concerns, according to the WSJ. U.S. intelligence has warned that Chinese cranes – equipped with an array...
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President Joe Biden plans to launch a raid on the super rich, hiking taxes for corporations and billionaires like Elon Musk and Jeff Bezos. White House officials said the steps were part of a proposed 2025 budget to be released next week, and aimed at reducing the federal deficit by $3 trillion over 10 years. The tax plans are expected to form a core part of Biden's re-election campaign, contrasting markedly with presumptive Republican nominee Donald Trump, whose 2017 'Tax Cuts and Jobs Act' slashed taxes on companies and the wealthy.
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Unemployment may be low, jobs plentiful, and consumer spending holding up. However, consumers are still struggling with the rising cost of credit card debt, housing, and automobiles—expenses that defy easy solutions. However, managing the cost of groceries and other essentials, the leading expense for half the respondents in a recent TD Bank survey, is just a click or short drive away. As consumers pull back on discretionary spending, major retailers in the grocery business are doubling down on the power of private-label brands to build traffic and loyalty. The boom is on. Amazon, which owns Whole Foods and Amazon Fresh,...
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