Georgia Asian Times
April 9, 2021
Washington DC, April 9, 2021 – President Joe Biden faces a Sunday deadline to decide whether to intervene in a trade dispute between two South Korean electric vehicle battery makers that could impact a Georgia factory and his push for more electric vehicles.
The companies, LG Chem and rival SK Innovation Co, have spent months trying to take advantage of past and promised U.S. investments, and ties to politicians.
The Biden Administration, through the U.S. Trade Representative’s office, is set to decide as early as Friday whether to take the rare step of reversing the U.S. International Trade Commission (ITC), unless the Korean battery companies reach a last-minute settlement.
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