For Clean Energy, Buy American or Buy It Quick and Cheap?
The New York Times
President Biden says slowing climate change will create jobs. Tension between unions and environmentalists shows it’s not so simple.
Patricia Fahy, a New York State legislator, celebrated when a new development project for the Port of Albany — the country’s first assembly plant dedicated to building offshore wind towers — was approved in January. “I was doing cartwheels,” said Ms. Fahy, who represents the area. Before long, however, she was caught in a political bind.
The trade deficit has long drawn the president’s ire. Now, he’s preparing to take it on again.
American companies intent on making goods in the United States are fretting over the impact of tariffs on their access to parts and raw materials.
A growing number of countries, including American allies, are striking trade deals as the Trump administration erects a higher fence around its global commerce.
The invoking of national security to unravel trade agreements could scramble the international trading system in China’s favor.
Canada, Mexico and China account for more than a third of the products brought into the United States. Tariffs could lead to higher prices for consumers.