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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 ...
Ardent supporters of both Biden and Obama fondly recall the then-vice president telling Obama in a private aside that was captured on a hot mic, “This is a big f—-ing deal,” during the ...
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.
According to the official Federal Register notice setting out the tariff details (timing, coverage, comment period, etc.), most of the new tariffs will take effect on August 1 of this year, with ...
The tariff increases will be phased in over a period of three years. [242] September 13: The Biden administration finalized the increases of tariffs on Chinese exports. Tariffs increased to 100% on electric vehicles, 50% on solar cells and 25% on electric vehicle batteries, critical minerals, steel, and aluminum.
The tariffs he imposed on China in his first term were continued by President Joe Biden, a Democrat who even expanded tariffs and restrictions on the world’s second-largest economy.
President Joe Biden announces increased tariffs on Chinese products to promote American investments and jobs in the Rose Garden of the White House on May 14, 2024, in Washington, D.C. (Win McNamee ...
Asked in 2022 about that apparent contradiction, Biden's top trade official said the administration was unwilling to draw down Trump's tariffs because they were crucial "leverage" that could be ...