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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.
Former President Donald Trump is floating a 10% tariff on all imports and 60% on Chinese imports, while Vice President Harris is expected to continue Biden's approach with targeted, selective tariffs.
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 ...
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 ...
The Biden-Harris tariffs include a new 25% levy on Chinese-made ship-to-shore cranes, a China-dominated sector with no U.S. producers. The Port of New York and New Jersey said it has eight cranes ...
The Biden administration said Friday that it has finalized tariff hikes on certain Chinese-made products that the president first announced in May.. The tariff rate will go up to 100% on electric ...
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 ...
Dryers, which weren’t under the tariff, went up by about the same amount. Overall, the tariff increased costs to consumers by an estimated $1.5 billion annually.