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Tariffs have already been on the minds of retailers as the 2024 election looms. Former President Donald Trump is floating a 10% tariff on all imports and 60% on Chinese imports, while Vice ...
When the Biden administration inherited Trump's trade war, it promised more competent management—but delivered a continuation of the status quo as tariffs slowed America's response to the COVID ...
New U.S. tariffs on $18 billion in Chinese goods take effect Friday as trade tensions intensify between the world’s two largest economies.
A study from the Tax Foundation of Trump's varied tariffs — most of which Biden has kept in place — found that they are set to reduce long-run GDP by 0.21% and cost the economy the equivalent ...
President Joe Biden has also backed certain tariffs and done little to roll back ones Trump put into place while president, but Harris emphasized that tariffs should not be implemented across all ...
Trump calls tariffs "the most beautiful word in the dictionary" and has even floated things like 2,000% tariffs on autos and said his aim in some areas is to implement "the highest tariff in history."
In supporting tariffs as president, he said that China was costing the American economy hundreds of billions of dollars a year because of unfair trade practices. After imposing tariffs, he denied entering into a trade war, saying the "trade war was lost many years ago by the foolish, or incompetent, people who represented the U.S." He said that ...
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.