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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.”
NANTUCKET, Massachusetts (Reuters) - U.S. President Joe Biden on Thursday said he hoped President-elect Donald Trump would rethink his plan to impose tariffs on Mexico and Canada, saying it could ...
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 ...
Trade policy performance review: unacceptable; should review freshman economics. The post Joe Biden Once Understood Why Tariffs Are Bad. Then He Got Trade Policy Amnesia. appeared first on Reason.com.
Biden repealed the Trump tariffs on allied nations, but he kept the China tariffs in place.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 ...
He found that Trump’s proposed blanket 10% tariff on foreign imports, and a 60% tariff on all Chinese imports, would lead to a 1.2 percentage point increase in inflation in the first year after ...
The Biden administration said Friday that it has finalized tariff hikes on certain Chinese-made products that the president first announced in May.. The tariff rate will go up to 100% on electric ...