Saturday, April 26, 2025
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Biden reveals $3 billion financial investment for United States ports


(Reuters) – UNITED STATE President Joe Biden on Tuesday introduced a $3 billion financial investment from his Inflation Reduction Act to boost the nation’s port facilities.

The financial investment consists of $147 million in honors for the Maryland Port Administration, which has the Port of Baltimore, the White House stated in a declaration.

(Reporting by Disha Mishra in Bengaluru, editing and enhancing by Ed Osmond)



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