. Rubio, the top Republican on the Intelligence Committee, introduced legislation that would block tax credits for electric vehicle batteries produced using Chinese technology, saying it would “significantly restrict the eligibility of IRA tax credits and prevent Chinese companies from benefiting.” Ford said in response to Rubio that “making those batteries here at home is much better than continuing to rely exclusively on foreign imports, like other auto companies do.
Rubio said the deal “will only deepen US reliance on the Chinese Communist Party for battery tech, and is likely designed to make the factory eligible for Inflation Reduction Act tax credits.” CFIUS is a US Treasury-led interagency panel that reviews proposed transactions to ensure they do not harm national security.
SenMarcoRubio the obstructionist
From FOX news to CNN, and from Republican to Democrat, it’s always something negative about the Chinese… 24/7 nonstop indoctrination from the media and politician. The last time a country is so obsessed with a specific group of folks was pre-WW2 in Germany, the rest is history.
Come on, the Iron Curtain and the Great Wall Human beings have had enough of globalization, we should go back to the Middle Ages, let us start a civilization war for values and beliefs