Name: US and Mexico to Cooperate on Semiconductors, Electric Vehicles
Uploaded: 2022-09-13T14:46:47.000Z
Description: The United States and Mexico are planning to cooperate in the manufacture of semiconductors and electric vehicles, according to a White House fact sheet.

Stefania Cox is an NTD News anchor and national correspondent based at the network's global headquarters in New York City. Stefania anchors "NTD Newsroom," and co-anchors "NTD News Today" weekdays at 10:00 am ET.

Stefania Cox

Cary Dunst is the news anchor for NTD Evening News. He is also the co-host of NTD Good Morning.


Cary Dunst

NTD Plus

News

We present news that is truthful and based on facts, outside of the political fog. Instead of focusing on the negative things happening around us, our mission is to give our viewers a good morning with empathetic and uplifting stories. Our aim is to provide an antidote to negativity by shining a light on the best side of people. We speak to inspiring people who positively impact communities, pursue topics that represent our common human values, and will never miss an opportunity to bring you heartwarming stories.

NTD Good Morning

Smart Spending: How to Save on Summer Travel

UAE Suffered More Iranian Missiles Than Israel, Paving Way for Iron Dome: Analyst

NTD Newsroom comprises teams of reporters, editors, and producers assigned to cover breaking news and other stories.


NTD Newsroom

Washington Event to Rededicate US as ‘One Nation Under God’

Best-Selling Author Concerned Christians May Be Next in China’s State-Sanctioned Organ Trade

Jason Perry is an Army veteran and NTD's National Security Correspondent based at the network's global headquarters in New York City. Jason primarily covers border security, national defense, foreign wars, and veterans' issues.

Jason Perry

Pentagon Paves the Way to Buy 10,000 Containerized Missiles

US Reports No Hantavirus Cases From Cruise Outbreak

Juliette Fairley is a freelance reporter for NTD and The Epoch Times and a graduate of Columbia University’s Graduate School of Journalism. Born in Chateauroux, France, and raised outside of Lackland Air Force Base in Texas, Juliette is a well-adjusted military brat. She has written for many publications across the country. Send Juliette story ideas at JulietteFairley@gmail.com

Juliette Fairley

Daniel Monaghan is a reporter for NTD News covering culture, social issues, and education. He holds a BA in Political Science and Government.

Daniel Monaghan

US News

Politics

Executive Branch

Rubio: China is ‘Top Geopolitical Challenge’

The Associated Press is an American not-for-profit news agency headquartered in New York City. 

The Associated Press

Jury Awards $49.5 Million to Family of Woman Killed in 2019 Boeing Max Crash

Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."

Andrew Moran

China News

Trump Departs China After 2-Day Talks With Xi

Haika Mrema

Medical Plane Crash in New Mexico Mountains Kills 4, Sparks Wildfire

Accommodating, Enabling China’s Regime a Failed Strategy: China Expert

NTD Good Morning Full Broadcast (May 15)

NTD Good Morning Full Broadcast (May 14)

Kevin Hogan is an NTD News data reporter and national correspondent based at the network's global headquarters in New York City. Kevin covers breaking news, as well as U.S. and global current events. He conveys the news through data visualizations and investigates pressing issues.

Kevin Hogan

NTD Good Morning Full Broadcast (May 13)

NTD Good Morning Full Broadcast (May 12)

President Trump Leaves for China Today; Calif. Mayor to Plead Guilty to Acting as CCP Agent | NTD Good Morning (May 12)

NTD Good Morning Full Broadcast (May 8)

NTD Good Morning Full Broadcast (May 7)

NTD Good Morning Full Broadcast (May 6)

NTD Good Morning Full Broadcast (May 5)

Fast, compelling, first-hand news from China. China in Focus airs Monday–Friday at 8 p.m. ET.

China in Focus

China Sends Warships to Pacific Drill as Tensions With Japan Rise

Reuters is a news agency owned by Thomson Reuters. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide writing in 16 languages.

Reuters

2 US Embassy Personnel Assigned to Cartel Case Killed in Car Accident

Gunman Kills 8 Children, Including 7 of His Own, in Louisiana Mass Shooting

Flora Hua is a reporter based at NTD's global headquarters in New York City, where she covers China news, U.S.-China relations, and human rights issues. Flora primarily contributes to NTD's "China in Focus."  

Flora Hua

Trump: Seized Iranian Ship May Have ‘A Gift From China’

Joseph Lord is a congressional reporter for The Epoch Times.


Joseph Lord

Aldgra Fredly is a freelance writer covering U.S. and Asia Pacific news for The Epoch Times.

Aldgra Fredly

Former NYC Mayor Rudy Giuliani Hospitalized in Critical Condition: Spokesman

Wildfires Across Georgia and Florida Have Destroyed Nearly 50 Homes and Are Forcing Evacuations

News you can trust from the U.S. and around the world. Critical information and insight. We cover the stories that others don’t. NTD News Today airs Monday–Friday at 11 a.m. ET.

NTD News Today

US Warns of China Hacks via Routers, Smart Devices

Juliet Song is an international correspondent exclusively covering China news for NTD. She primarily contributes to NTD's "China in Focus," covering U.S.-China relations, the Chinese regime's human rights abuses, and domestic unrest inside China.

Juliet Song

2 Americans Among Suspected Communist Rebels Killed in Clashes With Troops, Philippine Officials Say

Ryan Morgan is a reporter for The Epoch Times focusing on military and foreign affairs. He was previously a news writer for NTD. 


Ryan Morgan

Mari Otsu is NTD's White House correspondent based in Washington. 

Mari Otsu

World News

Middle East

Iran

3 US Warships Fend Off Iranian Attacks, Trump Says Ceasefire Still Holds

Health News

3 Dead in Suspected Hantavirus Outbreak on Cruise Ship in Atlantic Ocean: WHO

The United States and Mexico are planning to cooperate in the manufacture of semiconductors and electric vehicles, according to a White House fact sheet.

Both nations seek to establish a Supply Chain Working Group with the initial focus being on semiconductors and information and communications technology supply chain ecosystems, the Sept. 12 <a href="https://www.whitehouse.gov/briefing-room/statements-releases/2022/09/12/fact-sheet-2022-u-s-mexico-high-level-economic-dialogue/">fact sheet</a> states. A Memorandum of Understanding has been signed between the Mexican Ministry of Economy with leading tech firms and manufacturers to “facilitate emerging technologies and workforce development in Mexico.”

Senior officials from the United States and Mexico met in Mexico City on Monday as part of the U.S.–Mexico High-Level Economic Dialogue where the trade discussions took place.

In a <a href="https://www.whitehouse.gov/briefing-room/statements-releases/2022/09/12/joint-statement-following-the-2022-u-s-mexico-high-level-economic-dialogue/">joint statement</a>, the officials said that they will be working together on a pilot project to determine the feasibility of near-shoring semiconductor manufacturing inputs.

In January, a report by the U.S. Department of Commerce warned that the country was facing a <a href="https://www.theepochtimes.com/us-semiconductor-chip-shortage-poses-economic-national-security-risks-commerce-dept_4237309.html">chronic shortage of semiconductor chips</a> and that a long-term solution was needed to avoid economic and security risks arising from this issue.

In August, President Joe Biden <a href="https://www.theepochtimes.com/biden-signs-executive-order-creates-steering-council-to-administer-280-billion-chips-act_4689603.html">signed</a> the CHIPS legislation to boost domestic research and manufacturing of semiconductors. Washington recently announced that tech companies receiving funding from the $280 billion CHIPS act will be prohibited from establishing advanced facilities in China for a period of 10 years.

At a Sept. 12 <a href="https://www.state.gov/secretary-of-state-antony-j-blinken-secretary-of-commerce-gina-raimondo-mexican-secretary-of-economy-tatiana-clouthier-and-mexican-secretary-of-foreign-affairs-marcelo-ebrard-at-a-joint-pre/">press conference</a>, U.S. Secretary of Commerce Gina Raimondo pointed out that the testing, packaging, and assembly industry for semiconductors in China and Taiwan is a $60 billion industry. In North America, the industry is only valued at $3 billion.

“So there is a huge opportunity for growth in North America and job creation just in the semiconductor supply chain,” she said.
<h2>Electric Vehicles</h2>
Mexico’s Ministry of Foreign Relations has set up a Transport Electrification Working Group in collaboration with academics, industry representatives, and the University of California.

The group will support the transition of American and Mexican automotive industries toward production of electric vehicles, the fact sheet states. Both Mexico and the United States have a shared commitment to making 50 percent of new vehicle sales electric by 2030.

The Biden administration’s push to transition America to use more electric vehicles is a controversial policy that has attracted criticism.

In an <a href="https://www.theepochtimes.com/united-states-walking-on-energy-tightrope-as-biden-dumps-money-into-renewables-warns-expert_4724865.html">interview</a> with NTD, Jerry Simmons, president of the Domestic Energy Producers Alliance, said that he was shocked at how much taxpayer money Washington is pumping into “unreliable renewable sources.”

Simmons pointed to California, which is promoting the use of electric cars while asking people not to charge their electric vehicles because of an energy shortage, something he said is “absurd.”

The California Independent System Operator recently asked citizens to avoid charging electric vehicles as there was a large demand for electricity owing to the heightened use of air conditioners amid a brutal heat wave.

<em>From <a href="https://www.theepochtimes.com/united-states-and-mexico-to-cooperate-on-semiconductors-electric-vehicles_4727261.html">The Epoch Times</a></em>

Videos

mexico

Business News

04_Top Stories

Latest Clips

semiconductor

Naveen Athrappully is a news reporter covering business and world events at The Epoch Times.


Naveen Athrappully

Latest and breaking news, documentaries, movies, and lifestyle content on NTD+.
 
Empower your knowledge and elevate your spirit with NTD+, your go-to destination for truthful news, insightful documentaries, and captivating lifestyle content that enriches your life.