Gavin Bade

The administration is throwing its weight behind a new bill after previous legislative and national security efforts faltered.

The Senate has pledged to move quickly to send the bill to President Biden, but lingering issues over a ban on Russian oil imports could delay the process.

National security officials want an executive order limiting American banks’ ability to invest in Chinese technology firms, but the Treasury and Commerce Departments are pushing back.

Democrats want to use hundreds of billions in new tax incentives to spur new factories for clean energy technologies, but their proposals come with huge political and economic risks.

American companies were glad to see Biden review Trump’s trade policies toward China, but eight months later, they have seen little change on tariffs or other issues bedeviling their business in the world’s second-largest economy.

The warning is the clearest message yet from federal authorities that American firms should remove any operations from the Chinese region.

The administration will bolster the production and delivery of pharmaceuticals, computer chips, advanced batteries and critical minerals.

Washington is racing to help build batteries for cars and the electric grid, but the bipartisan “Buy American” rhetoric may not be enough to counter China’s lead.

The high-profile event comes as his administration is grappling with the pandemic, a struggling economy, a border surge and new threats from North Korea.

The aim is to punish Beijing for widespread human rights abuses in Xinjiang, where the ruling Communist Party has interned more than a million Uighurs.