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New U.S. tariffs on $18 billion in Chinese goods take effect Friday as trade tensions intensify between the world’s two largest economies.
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 ...
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 ...
Yellen also defended President Joe Biden's steep tariff increases on strategic Chinese imports such as electric vehicles, semiconductors and solar cells, adding that U.S. allies are taking and ...
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.
As you’ve surely seen by now (including here in Capitolism), President Joe Biden announced a slew of new tariffs last week on “strategic” Chinese imports as part of the federal government ...
That move could raise the tariff rate to roughly 100% from its current level of 25%. President Joe Biden gestures Thursday as he makes his way to board Air Force One before heading to the West ...
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 ...