Biden criticizes ‘foreign owned’ shipping companies for helping to drive inflation as he signs new law
By Maegan Vazquez and Sam Fossum, CNN President Joe Biden on Thursday signed the Ocean Shipping Reform Act into law, celebrating a bipartisan win aimed at boosting the supply chain amid sky-high inflation and fears of a recession. The President also attacked “foreign owned” shipping companies, saying, “They raked in the profits and the costs
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