The China Mail - Biden touts US manufacturing know-how on trip to battleground state

USD -
AED 3.672502
AFN 63.999486
ALL 81.123148
AMD 360.508345
ANG 1.789785
AOA 918.000086
ARS 1543.514798
AUD 1.424928
AWG 1.8025
AZN 1.702956
BAM 1.744435
BBD 2.013263
BDT 124.343874
BGN 1.747831
BHD 0.377375
BIF 3005.17765
BMD 1
BND 1.278581
BOB 12.140484
BRL 5.438098
BSD 0.999585
BTN 94.811201
BWP 13.808328
BYN 2.953267
BYR 19600
BZD 2.01032
CAD 1.39557
CDF 2315.00002
CHF 0.81927
CLF 0.024999
CLP 983.869786
CNY 6.661103
CNH 6.646435
COP 3210.39
CRC 454.527211
CUC 1
CUP 23.989333
CVE 98.348593
CZK 21.705027
DJF 177.999777
DKK 6.666575
DOP 60.740391
DZD 135.746972
EGP 55.353206
ERN 15
ETB 162.433359
EUR 0.891991
FJD 2.255901
FKP 0.746765
GBP 0.74495
GEL 2.59564
GGP 0.746765
GHS 11.655257
GIP 0.746765
GMD 73.999842
GNF 8847.047491
GTQ 7.642051
GYD 209.539525
HKD 7.846405
HNL 26.869372
HRK 6.76901
HTG 131.015506
HUF 324.899501
IDR 18103.3
ILS 3.13755
IMP 0.746765
INR 94.701804
IQD 1515.298819
IRR 1868414.999984
ISK 121.49036
JEP 0.746765
JMD 158.843703
JOD 0.708969
JPY 157.694992
KES 129.880235
KGS 87.449801
KHR 4088.71367
KMF 441.000466
KPW 899.999961
KRW 1343.910212
KWD 0.31133
KYD 0.832995
KZT 452.368741
LAK 22506.053971
LBP 89514.01494
LKR 332.306128
LRD 169.921466
LSL 16.636267
LTL 2.95274
LVL 0.60489
LYD 6.414756
MAD 9.828437
MDL 18.057593
MGA 4514.054577
MKD 54.899425
MMK 2099.693878
MNT 3599.326016
MOP 8.078026
MRU 40.503405
MUR 47.32013
MVR 15.450099
MWK 1733.348199
MXN 18.63312
MYR 4.071703
MZN 63.910219
NAD 16.636267
NGN 1343.449788
NIO 36.783168
NOK 9.289085
NPR 151.697565
NZD 1.77574
OMR 0.3845
PAB 0.999799
PEN 3.467019
PGK 4.482837
PHP 63.282502
PKR 276.504083
PLN 3.943245
PYG 5917.059487
QAR 3.653878
RON 4.763604
RSD 104.885009
RUB 81.126454
RWF 1478.412502
SAR 3.764439
SBD 8.058206
SCR 13.712058
SDG 601.499087
SEK 9.76547
SGD 1.27859
SHP 0.748335
SLE 22.890934
SLL 20969.504398
SOS 571.280766
SRD 37.579499
STD 20697.981008
STN 21.85227
SVC 8.746259
SYP 13001.999685
SZL 16.630915
THB 33.704988
TJS 9.191303
TMT 3.5
TND 2.987517
TOP 2.40776
TRY 49.967099
TTD 6.761717
TWD 32.572043
TZS 2644.552981
UAH 45.650373
UGX 4277.693292
UYU 40.190338
UZS 11944.718217
VES 887.479799
VND 25764
VUV 118.915185
WST 2.776217
XAF 585.107667
XAG 0.019621
XAU 0.000252694354
XCD 2.70255
XCG 1.80143
XDR 0.707052
XOF 585.107667
XPF 106.371498
YER 236.198411
ZAR 16.590975
ZMK 9001.200113
ZMW 20.242167
ZWL 321.999592
SSP 5745.217636
MXV 2.098444
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

Biden touts US manufacturing know-how on trip to battleground state
Biden touts US manufacturing know-how on trip to battleground state / Photo: © AFP/File

Biden touts US manufacturing know-how on trip to battleground state

President Joe Biden hailed US innovation Thursday on a visit to the south to promote his efforts to combat inflation, jumpstart high-tech manufacturing and return the United States to pole position in the global economy.

Text size:

The president said his top priority from his first day in office had been to promote products "made in America" as he met students at the country's largest historically Black university in Greensboro, North Carolina.

"More is going to change in the next 10 years than has changed in the last 50 years," Biden told aspiring engineers at a new research complex opened by the North Carolina Agricultural and Technical State University.

"Science and technology is moving so incredibly rapidly. It's all part of a broader vision that Vice President (Kamala) Harris and I ran on -- to build back a better America than even before the pandemic."

The visit came with the Bureau of Labor Statistics reporting inflation at a 40-year high of 8.5 percent -- mainly due, it said, to Russia's invasion of Ukraine, rent hikes and gas prices.

Biden met faculty and students reading robotics and cybersecurity to discuss how his Bipartisan Innovation Act could boost the economy by improving manufacturing.

"That means stronger supply chains, more manufacturing jobs and lower prices for consumers as we break up the bottlenecks, like semiconductor chips, that have driven inflation over the last year," the White House said ahead of the trip.

Deputy press secretary Karine Jean-Pierre told reporters aboard Air Force One that Greensboro was an example of the kind of "regional manufacturing ecosystem" that Biden envisions building across America, to create an industry that can counter China's growing influence.

One of the administration's top priorities, the legislation would offer funding to the city of 300,000 and places like it, to promote job creation and business growth.

Biden's trip -- which came with Washington's political elite bracing for November's midterm elections -- was the political equivalent of a fixture on neutral ground.

North Carolinians have voted for the Republican candidate in every presidential election since the Reagan era except 2008, when the state went for Barack Obama over John McCain.

But five out of its seven governors over the same period have been Democrats, and statistical analytics website FiveThirtyEight described North Carolina in 2020 as a "perennial" swing state.

- Deep underwater -

Biden is deep underwater in recent polling, however, with inflation seen as the Democrats' biggest challenge if they are to pull off the unlikely feat of holding on to Congress.

A poll released last week by High Point University gave the president a job approval rating of 35 percent in North Carolina, while 53 percent said they disapprove.

His lowest marks were for his handling of inflation (19 percent), including rising gas prices (18 percent), and his stewardship of the economy in general (26 percent).

Nationally, a new Quinnipiac University poll has the president at just 33 percent approval, while 54 percent disapprove of his job performance.

Democrats and Republicans in the House and Senate have been discussing the contours for launching formal negotiations on Biden's legislation as early as April, with a floor vote expected in May or June.

The Senate passed its own package with a decisive bipartisan 68-32 margin last summer, but that needs to be synced up with a more contentious equivalent passed mostly along party lines in the House.

Republicans argued that the 2,900-page House version wasn't tough enough on China and overly focused on unrelated issues such as climate change and social equity.

Biden implored Congress to "take action quickly" to support innovation, saying the "incredibly rapid" changes taking place in manufacturing required an urgent approach.

"Congress: get this bipartisan bill on my desk... national security is on the line," he said.

T.Wu--ThChM