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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.
Biden’s administration proposed restricting the tax waiver for goods subject to U.S.-China tariffs, and Trump is expected to move forward with such restrictions, analysts said.
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 ...
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 "screw up" relationships with close ...
When the Biden administration inherited Trump's trade war, it promised more competent management—but delivered a continuation of the status quo as tariffs slowed America's response to the COVID ...
"We don't like tariffs because they are a tax on the American people," Amin said, adding that the company had been subject to a 25% tariff since 2019 because of policies from Trump's first term.
Writing on social media, Trump said he planned to impose a 25% levy on goods from Canada and Mexico and "an additional 10% tariff, above any additional tariffs" on imports from China.
Biden’s tariff plan prompted Trump to up the ante to a 200% ... And not only is China known for playing the long game on economic policy, but it could win a court challenge if its products check ...