After the U.S. hit Russia with a 200% tariff on all imports of aluminum in recent weeks, U.S. Customs and Border Protection (Customs) issued guidance for companies importing aluminum and aluminum derivative products, tracing their origins. Guidelines require companies to report the countries of smelt and cast for aluminum articles, including, among other items, profiles, plates, […]

While releasing his budget for fiscal year 2024, President Joe Biden announced that, under his leadership, the economy has added more than 12 million jobs, including 800,000 in manufacturing. But recent jobs data shows that a roughly equal number of positions remain vacant, following the latest hirings and losses. According to the latest figures from […]

The White House announced a 200% tariff on all imports of Russian-made aluminum to strip Russia of international trade privileges, officials said. The aluminum tariffs are in addition to increased tariffs on 100 Russian metals, minerals and chemical products worth around $2.8 billion. White House officials say the U.S. will also significantly increase costs for […]

President Joe Biden delivered his annual State of the Union address Tuesday, touting accomplishments ranging from economic recovery and record-low unemployment to a new bipartisan infrastructure law. “Two years ago, the economy was reeling,” the president told a joint session of Congress. “I stand here tonight, after we’ve created, with the help of many people […]

The passage of the Inflation Reduction Act in August and subsequent signing of the legislation into law by President Joe Biden lacks support from the National Association of Home Builders (NAHB). The association calls the measure “flawed” as it reportedly fails to ease inflationary pressures on housing while at the same time advancing building and […]

The Inflation Reduction Act passed the House this past week becoming the country’s most ambitious energy and climate policy to date. The legislation paves the way for more clean energy, updated building codes, billions of dollars for communities in need of climate change help as well as providing an array of tax incentives to push […]

Earlier this week, President Joe Biden issued a memorandum to the Secretary of Energy issuing a Presidential Determination Pursuant to Section 303 of the Defense Production Act of 1950, as amended, on Solar Photovoltaic Modules and Module Components. Citing the need for a “robust, resilient, and sustainable domestic industrial base” for a clean energy economy, […]

Financial sanctions have dealt a “pretty significant blow” to Russia, says Isabelle Icso, director of international policy at the U.S. Chamber of Commerce in Washington, D.C. More sanctions are likely on the way courtesy of the U.S. and the European Union (EU), all while markets rile, and businesses leave to protect their profits and reputations. […]

President Joe Biden aims to retrofit four million buildings and two million homes during his first term. The White House says the administration’s new Building Performance Standards Coalition signals progress toward that goal. The partnership includes 33 state and local governments striving to deliver cleaner, healthier and more affordable buildings. Jeff Weaver, president of Clarkston […]

Several states across the Midwest and the South are recovering after deadly tornadoes ravaged parts of Arkansas, Illinois, Kentucky, Missouri, Mississippi and Tennessee on December 10 and 11. According to Kentucky Gov. Andy Beshar, at least four tornadoes touched down in Kentucky and one was on the ground for more than 200 miles in the […]