Biden ultimately kept in place Trump’s first-term tariffson China and even added some new ones in May as he was seeking re-election, before ultimately dropping out of the campaign two months ...
Biden has maintained most of Trump’s tariffson China and introduced several of ... Once imposed, tariffs are difficult to remove because companies become used to the new environment and ...
That followed Biden raising tariffs on more goods from China. Both steps were rejected by China as counterproductive. Trump, a Republican, has vowed to adopt blanket 60% tariffs on U.S.
In 2018, the Trump administration imposed 25-30% tariffs on a variety of Chinese goods. That was maintained by the Biden administration ... "If they put tariffson China, for example, they are ...