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Transcripts for FOXNEWS America Reports 20240604 19:06:00

But. rick is a fifth generation iowa farmer. he says this election, the state s top industry is at a crossroads. i m afraid if we keep heading down this path we have a lot of destruction ahead. usda estimates production costs for farmers increase by about $15 billion in 2023. on top of inflation, degroot also worries the electric vehicle push will reduce demand for ethanol used in fuel for gas-powered cars. most of our corn goes to ethanol and without that, that would cripple the farm economy. kyle maman shares degroot s concerns over president biden s climate agenda. seems we are an easy scapegoat for a population looking for someone to blame and knowing full well we don t have a very big voice. we sat down with a group of family farmers to get a sense of which candidates have caught ....

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Auto Union President Snubs Trump's Plan to Rally With Striking UAW Members During 2nd GOP Debate

Auto Union President Snubs Trump's Plan to Rally With Striking UAW Members During 2nd GOP Debate
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Transcripts for FOXNEWS FOX Friends First 20240604 09:57:00

Of the office of management and director joins us now live in studio. russ, good morning to you. one of the things about this electric vehicle push is a lot of the parts and technology are made in china. the entirety of the electrical vehicle agenda is cannot go forward without china. and that s one of the reasons why the biden administration has pushed it so much and why they have incentive to keep good terms with china, which is a country that we need to confront increasingly more. and unfortunately you, our corporate leaders are part of that you just saw that in that clip. they want everything to go on as it has for the last 20 years as opposed to an economic decoupling that would cause corporate leaders to pause and bring things back onshore. and there is $430 billion signatures out there with regard to these ev subsidies that congress passed as part of an earlier biden bill. but, it allows them to continue to work with chinese companies as opposed to having a firm break from tho ....

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