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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."
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.
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% ...
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 ...
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 ...
President Joe Biden touted his administration’s economic legacy during remarks at the Brookings Institution on Tuesday and argued that the country is at a “critical moment” for the direction ...
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 ...