tldrdaily.news logo
Tag

Domestic Manufacturing

All articles tagged with #domestic manufacturing

politics1 day ago

US Sets 25% Tariff on Key AI Chips to Bolster Domestic Chip Manufacturing

President Trump used Section 232 to declare that imports of semiconductors, semiconductor manufacturing equipment, and derivatives threaten U.S. national security and economic stability, citing insufficient domestic production. He announced an immediate 25% ad valorem tariff on a defined set of advanced computing chips (the Annex) with exemptions for data centers, R&D, startups, repairs, and other uses that support building U.S. capacity. A two-phase plan directs ongoing negotiations with foreign partners and potential broader tariffs later, plus a tariff-offset program to incentivize domestic production. The Secretary of Commerce and the USTR must report within 90 days on negotiations, monitor imports, and update the President on market conditions; the tariff takes effect Jan 15, 2026 and may be adjusted or terminated as needed.

via The White House (.gov)|
#domestic-manufacturing#national-security#politics
politics1 day ago

Trump Imposes 25% Tariff on Advanced Chips to Secure U.S. Tech Supply

President Trump signed a Section 232 proclamation to address national-security risks from semiconductor imports, directing negotiations for new or continuing agreements and imposing a 25% tariff on certain advanced computing chips (e.g., NVIDIA H200, AMD MI325X) with carveouts for components supporting domestic supply-chain buildout; broader tariffs and an offset program may follow to bolster U.S. manufacturing.

via The White House (.gov)|
#domestic-manufacturing#national-security#politics
business5 months ago

Trump Administration Considers Taking Stake in Intel

The Trump administration is reportedly in talks with Intel to potentially take a government stake in the company to support its domestic manufacturing expansion, particularly in Ohio, amid Intel's financial struggles and delays in its factory plans. The deal aims to bolster Intel's financial position and ensure the Ohio project proceeds, reflecting broader government efforts to strengthen US technology and manufacturing sectors. Shares of Intel rose significantly on news of the discussions.

via Bloomberg.com|
#business#chip-industry#domestic-manufacturing
energy-policy1 year ago

"Transforming Heavy Industries: Biden-Harris Administration's $6 Billion Decarbonization Investment"

The Biden-Harris Administration has announced $4 billion in tax credits to support over 100 American-made clean energy manufacturing, critical minerals, and industrial decarbonization projects across 35 states, with a focus on bolstering domestic supply chains, lowering costs, and creating good-paying American jobs. The tax credits, funded by President Biden’s Inflation Reduction Act, aim to accelerate domestic clean energy manufacturing and reduce greenhouse gas emissions at industrial facilities, with $1.5 billion allocated for projects in historic energy communities. The program received significant interest from industry, with selected projects required to meet prevailing wage and apprenticeship requirements to receive a 30% investment tax credit.

via Energy.gov|
#biden-harris-administration#clean-energy#domestic-manufacturing
government-and-policy1 year ago

"US Allocates $6 Billion to Decarbonize Industrial Sector and Cut Emissions"

The Biden-Harris Administration has announced a $6 billion investment in 33 projects across more than 20 states to decarbonize energy-intensive industries, reduce industrial greenhouse gas emissions, create and maintain high-quality jobs, revitalize industrial communities, and strengthen domestic manufacturing competitiveness. The projects will focus on industries such as aluminum, cement, chemicals, iron, and steel, and are expected to reduce over 14 million metric tons of carbon dioxide emissions annually. This transformative federal investment aims to position American manufacturers and workers to lead the global clean energy economy, while also prioritizing community and labor engagement, particularly in disadvantaged communities.

via Energy.gov|
#biden-harris-administration#clean-energy-economy#domestic-manufacturing
politicseconomy2 years ago

Biden Unveils Comprehensive Logistics Plan to Strengthen U.S. Supply Chain Resilience

President Joe Biden will convene the first meeting of his supply chain resilience council and announce 30 actions aimed at strengthening the U.S. logistics system. The actions include using the Defense Production Act to invest in domestic manufacturing of crucial medicines, improving data sharing among agencies to monitor supply chains, and partnering with the Energy Department on renewable energy resources. The announcement comes as supply chain problems have fueled higher inflation, which remains a political challenge for Biden ahead of the 2024 presidential election. The council will be co-chaired by Lael Brainard and Jake Sullivan, with members from various government departments.

via CNBC|
#domestic-manufacturing#inflation#joe-biden
health2 years ago

"Free At-Home Covid Tests to Resume in the US"

The Biden administration is restarting its program of offering free at-home Covid-19 tests to Americans through the mail, in preparation for a potential winter surge of the virus. The program will spend $600 million to purchase tests from domestic manufacturers and households will receive four tests. The initiative aims to replenish the nation's stockpile and also strengthen domestic manufacturing capacity. Private insurers are no longer required to cover up to eight tests per month, making free tests harder to come by for many Americans. The program will begin accepting orders on Monday through the website covidtests.gov.

via The New York Times|
#biden-administration#covid-19#domestic-manufacturing
technology2 years ago

"Defense Department Invests Millions in Microelectronics Research and Tech Hubs"

The Defense Department has awarded nearly $240 million to eight regional "innovation hubs" in the United States as part of the Microelectronics Commons initiative. These hubs aim to bridge the gap between research and production in microelectronics, boosting the domestic manufacturing industry. The hubs will focus on areas such as electromagnetic warfare, secure computing, artificial intelligence hardware, 5G and 6G wireless, and quantum technology. The Microelectronics Commons aims to increase the production of microelectronics in the U.S., which currently accounts for only 12% globally, and ensure American technology stays within the country.

via Department of Defense|
#chips-act#defense-department#domestic-manufacturing
defense2 years ago

India Implements Ban on Chinese Parts in Military Drone Manufacturing

India has prohibited domestic manufacturers of military drones from using Chinese components due to concerns about security vulnerabilities. The move is part of India's efforts to modernize its military and increase the use of unmanned quadcopters and autonomous platforms. Indian security leaders fear that Chinese-made parts in drones' communication functions, cameras, radio transmission, and operating software could compromise intelligence-gathering. The ban on Chinese parts has increased the cost of manufacturing military drones locally, as manufacturers are forced to source components from elsewhere. India relies on foreign manufacturers for certain types of drones and is working to fill technology gaps through domestic research and development.

via Reuters|
#china#defense#domestic-manufacturing
defense2 years ago

India Implements Ban on Chinese Parts in Military Drone Manufacturing

India has prohibited domestic manufacturers of military drones from using Chinese components due to concerns about security vulnerabilities. The move is part of India's efforts to modernize its military and increase the use of unmanned quadcopters and autonomous platforms. Indian security leaders fear that Chinese-made parts in drones' communication functions, cameras, radio transmission, and operating software could compromise intelligence-gathering. The ban on Chinese parts has increased the cost of manufacturing military drones locally, as manufacturers now have to source components from elsewhere. India relies on foreign manufacturers for certain types of drones and is working to fill technology gaps through domestic research and development.

via Yahoo Finance|
#china#defense#domestic-manufacturing