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What Biden Did. As shown in the chart below, Biden’s new tariffs will apply to semiconductors, ship-to-shore cranes and three other types of products—metals, “green” technologies (finished ...
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 ...
Meanwhile, President Joe Biden – who has kept most of Trump’s tariffs in place for the past three-plus years – said Tuesday that his administration will increase tariffs on some Chinese ...
Under the previous executive order, agencies should continue to assess current agency rules and make adjustments as needed. [ 3 ] In addition, the directive urges certain agencies, including those in charge of health care, to find methods to expand affordable coverage, enhance quality, strengthen benefits, and boost enrollment.
The economic policy of the Joe Biden administration, colloquially known as Bidenomics (a portmanteau of Biden and economics), is characterized by relief measures and vaccination efforts to address the COVID-19 pandemic, investments in infrastructure, and strengthening the social safety net, funded by tax increases on higher-income individuals and corporations.
New U.S. tariffs on $18 billion in Chinese goods take effect Friday as trade tensions intensify between the world’s two largest economies.
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.
The legal basis cited in Trump's tariff order is Section 232 of the Trade Expansion Act of 1962 which under certain circumstances allows the president to impose tariffs based on the recommendation from the U.S. Secretary of Commerce if "an article is being imported into the United States in such quantities or under such circumstances as to ...