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Politics Trade

All articles tagged with #politics trade

politics-trade2 years ago•2 min saved

"Biden's Trade Policy Shift and Trump's Trial: Latest Updates"

President Biden plans to triple tariffs on imports of Chinese steel and aluminum, aiming to protect American manufacturing and workers from unfair exports. The move is part of Biden's efforts to shore up support in key states and address concerns about Chinese subsidies leading to lower steel prices. Additionally, Biden's administration is engaging with Mexico to prevent Chinese steel from entering the U.S. market through preferential rates.

via NPR|

#biden #china #politics-trade

politics-trade2 years ago•2 min saved

"Biden Proposes Tripling Tariffs on Chinese Steel and Aluminum Imports"

President Biden is calling for a tripling of tariffs on Chinese steel and aluminum imports, aiming to address concerns about China's trade practices and overcapacity in clean energy products. The move comes as the administration seeks to balance election-year politics, economic considerations, and a tough stance on China. The decision reflects Biden's efforts to appeal to blue-collar workers while navigating potential economic repercussions and geopolitical complexities.

via CNBC|

#aluminum #biden #china

politics-trade2 years ago•5 min saved

"Trump's Tariff Threats: Foreign Leaders and Investors Brace for Impact"

Former President Donald Trump and his advisers are considering hiking tariffs to levels not seen in decades, leaving American businesses and trading partners in a familiar dilemma. The potential tariff threats have created uncertainty and concern among businesses and foreign governments, with some viewing it as a negotiating tactic while others worry about the economic repercussions. Despite the uncertainty, it's likely that higher tariffs at some level are still possible under a second Trump administration, prompting preparations and concerns among U.S. trading partners and international businesses.

via POLITICO|

#international-relations #politics-trade #tariffs