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WASHINGTON — President Joe Biden on Tuesday took credit for building a strong economy out of the ruins of the COVID-19 pandemic — just in time for him to turn it over to President-elect Donald ...
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 Biden administration will double tariffs on Chinese-made solar products just weeks before the end of President Joe Biden's term, citing reported cyber theft and industrial espionage concerns.
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.
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 ...
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 ...
(Reuters) -The Biden administration on Friday locked in steep tariff hikes on Chinese imports, including a 100% duty on electric vehicles, to strengthen protections for strategic domestic ...
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 ...