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WASHINGTON (Reuters) -U.S. and European Union negotiators failed to reach deals to settle longstanding trade disputes in time for a summit at the White House on Friday, but Washington said it ...
President Joe Biden ramps up pressure on China with new targeted tariffs on a range of goods as his rival Donald Trump weighs even more draconian measures should the Republican win in November.
Asked in 2022 about that apparent contradiction, Biden's top trade official said the administration was unwilling to draw down Trump's tariffs because they were crucial "leverage" that could be ...
The legal basis cited in Trump's tariff order is Section 232 of the Trade Expansion Act of 1962 which under certain circumstances allows the president to impose tariffs based on the recommendation from the U.S. Secretary of Commerce if "an article is being imported into the United States in such quantities or under such circumstances as to ...
The foreign policy of the Joe Biden administration emphasizes the repair of the United States' alliances, which Biden argues were damaged during the Trump administration. [1] [2] The administration's goal is to restore the United States to a "position of trusted leadership" among global democracies in order to address challenges posed by Russia and China.
Meanwhile, President Joe Biden – who has kept most of Trump’s tariffs in place for the past three-plus years – said Tuesday that his administration will increase tariffs on some Chinese ...
Biden repealed the Trump tariffs on allied nations, but he kept the China tariffs in place. That adds a tax of 7.5% to 25% on about $280 billion worth of imports each year , according to the ...
Prior to the summit, Biden and Putin had met once, in Moscow in March 2011, when Biden was vice president and Putin was prime minister. After an official group meeting Biden characterized in his memoir as "argumentative," he and Putin met privately, with Biden saying "Mr. Prime Minister, I’m looking into your eyes," (a reference to a 2001 ...