G7 Leaders Tackle China's Economic Coercion and AI Threats.

The Group of 7 (G7) countries are accelerating their efforts to spend trillions on a new climate-friendly energy economy, while also trying to reduce their reliance on Chinese manufacturing. This move is based on China's economic playbook, which has helped it become the world's manufacturing leader. President Biden's legislative agenda has spurred trillions of dollars in government and private investment in American industrial capacity, including subsidies for electric vehicles, batteries, wind farms, solar plants, and much more. The G7 countries are pushing for increased access to America's clean-energy subsidies while launching companion efforts of their own.