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President Joe Biden said that he hopes Donald Trump "rethinks" imposing tariffs on Mexico and Canada. Trump has said he may impose a 25% tariff on the two allies' imports after he retakes office.
President Joe Biden on Thursday expressed hope that President-elect Donald Trump will reconsider his pledge to apply tariffs on Mexico and Canada, saying the move would be “counterproductive.”
Trump, 78, issued his threat of a 25% tariff on all Canadian and Mexican imports Monday — while issuing a similar 10% tariff threat against China, which is the primary source of the potent ...
Around the same time, he criticized Trump's reliance on tariffs as a tool of foreign policy, saying that higher taxes on Americans was a "shortsighted" way to combat China's "abuses."
If he returns to the White House, Trump plans to add to those tariffs by enacting a duty of at least 10% on all imports from all countries, a tariff upward of 60% on all Chinese imports and a 100% ...
Biden’s tariff plan prompted Trump to up the ante ... And not only is China known for playing the long game on economic policy, but it could win a court challenge if its products check all the ...
President Biden said Thursday that he hopes President-elect Trump “rethinks” some of his tariff plans. “I hope he rethinks it. I think it’s a counterproductive thing to do,” the ...
Biden repealed the Trump tariffs on allied nations, but he kept the China tariffs in place.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 ...