Biden needs the auto giants on board for his green-energy transition, and he's been showering them with federal cash.
Yet Americans are still struggling with higher prices and Biden receives poor ratings on the economy.
Under a divided Congress, there is little prospect for Biden to advance sweeping economic measures.
Supply-chain bottlenecks quickly emerged in the vital semiconductor industry when pandemic lockdowns took effect.
The U.S. move will be matched in part by the U.K., which will also announce a ban on Russian oil imports.
The U.S. saw the largest surge in consumer prices in more than 12 years last month.
President Biden urged Senate Democrats to act boldly on his sweeping social and economic agenda Wednesday.
A U.S. Supreme Court ruling today essentially gave President Biden clearance to remove the Trump appointee.
Reopening businesses are struggling to hire new workers.
The Biden administration is hoping U.S. investment in Mexico and Central America can stem the flow of immigrants.
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