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During his time as vice president (2009–2017), Biden helped organize the Trans-Pacific Partnership (TPP), a planned-but-never-implemented 12-nation trade deal that would have lowered tariffs ...
In May, the Biden administration increased the tariff rate on electric vehicles imported from China from 25 percent to 100 percent. Biden also kept or increased tariff rates on Chinese steel and ...
President Joe Biden appears at the Brookings Institution in Washington on Tuesday. Biden stated that imposing steep tariffs would be a "major mistake" as he spoke on his economic policy.
The Trump administration's tariffs were panned by the majority of economists and analysts, with general consensus among experts—including U.S. Director of the National Economic Council Larry Kudlow—being that the tariffs either had no direct benefits on the U.S. economy and GDP growth or they had a small to moderately negative impact on the ...
President Joe Biden is increasing tariffs on $18 billion in Chinese imports across a handful of sectors deemed strategic to national security – an attempt to cripple Beijing’s development of ...
New U.S. tariffs on $18 billion in Chinese goods take effect Friday as trade tensions intensify between the world’s two largest economies.
(Reuters) -U.S. President Joe Biden on Tuesday unveiled steep tariff increases on an array of Chinese imports, including electric vehicle (EV) batteries, computer chips and medical products ...
By David Lawder (Reuters) -The Biden administration on Friday locked in steep tariff hikes on Chinese imports, including a 100% duty on electric vehicles, to strengthen protections for strategic ...