Industry News

Biden unveils $2 trillion infrastructure & climate plan

Views : 438
Update time : 2021-04-01 17:41:41
During a speech in Pittsburgh on Wednesday, US President Biden unveiled a US$2 trillion plan on the proposal of jobs, infrastructure, and climate change.

According to the American Jobs Plan, Biden aimed to invest in the reconstruction of some nation’s crumbling infrastructure and turn to greener energy in the next eight years.

Besides, Biden planned to hike corporate taxes from 21% to 28% and end tax breaks for fossil fuels. The White House said the hike in taxes would bring an increase of more than US$2 trillion in the next 15 years.
Related News
Read More >>
Indonesia Tsingshan raises prices, supporting Taiwan's stainless steel prices in March Indonesia Tsingshan raises prices, supporting Taiwan's stainless steel prices in March
Feb .26.2026
Indonesia Tsingshan raises prices, supporting Taiwan's stainless steel prices in March
Taiwan’s Yusco raises stainless steel prices for Mar as production costs rise Taiwan’s Yusco raises stainless steel prices for Mar as production costs rise
Feb .26.2026
Taiwan’s Yusco raises stainless steel prices for Mar as production costs rise
Embraer & Hindalco ink MoU to explore aerospace aluminum production in India Embraer & Hindalco ink MoU to explore aerospace aluminum production in India
Feb .26.2026
Embraer & Hindalco ink MoU to explore aerospace aluminum production in India
Taiwan’s Tang Eng ups stainless steel prices for Mar Taiwan’s Tang Eng ups stainless steel prices for Mar
Feb .26.2026
Taiwan’s Tang Eng ups stainless steel prices for Mar