US pours trillions of bucks of public funds into recent inexperienced industries – BBC News

US pours trillions of bucks of public funds into recent inexperienced industries – BBC News

Central to Joe Biden’s reelection advertising campaign is his claim to be reworking the US financial system by brining recent life to susceptible manufacturing areas.

The US government is pouring hundreds of billions of bucks of public money into the inexperienced industries of the future, including electric automobiles, microchips, batteries and renewable vitality.

The motivation is partly to counter China’s domination of those industries .

Huw Edwards items BBC News at Ten reporting by economics editor Faisal Islam in Kentucky.

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