President Joe Biden doubled down on globalism at the G7 summit this week, making clear that his administration is “not looking to decouple [the United States] from China” despite millions of American jobs lost. “Now, we’re also united in our …
via appleinsider: Foxconn, which is Apple’s major supplier for the iPhone, is based in Taiwan. But it is owned by Chinese firm Hon Hai Precision Industry Co. In announcing its latest Q4 earnings that showed a drop in profits, the firm …
First: Purchase from domestic producers The failure of Molycorp demonstrates why markets alone can’t solve supply chain issues and why deep investments are needed to enhance the long-term sustainability of private REE ventures. During its rise, Molycorp benefitted from China’s restriction on exports to …