Friday, June 30, 2023

The Chinese are on the prowl and winning

Biden Approves new Chinese Operation On U.S. Soil

Not only will the feds not stop a Chinese company that makes batteries for electric vehicles (Gotion) from setting up shop in Michigan, they will fork over $175 million of American taxpayer money to assist them.

The Treasury Department’s inter-agency Committee on Foreign Investment declared on Tuesday that the project was outside their authority to stop since it was unrelated to the Defense Production Act.

The ineptitude of the Biden administration is beyond belief!

Read about the lunacy

1 comment:

Anonymous said...

i understand GM is involved in this deal