The Biden Administration has announced plans of a new import tax aimed at Chinese steel and materials. On a recent trip to Pittsburgh, the President made the announcement that was
China produces about half of the world’s steel and sells it for less than half what U.S.-produced steel costs, administration officials said.
President touted plan during speech on Wednesday in Pennsylvania, where union support could prove crucialJoe Biden announced plans to triple tariffs on Chinese steel and aluminum and promised to block the acquisition of US Steel by a Japanese company during a speech to steelworkers on Wednesday in the battleground state of Pennsylvania, where union support could prove crucial in the November general election.Biden touted the plan during a visit to the United Steelworkers union headquarters in...
It is the latest protectionist policy to be embraced by the White House in an election year.
As the Biden administration proposes tripling duties, experts recall how previous tariffs mainly hit American consumers and industries.
PITTSBURGH (AP) — President Joe Biden suggested to cheering, unionized steelworkers on Wednesday that his administration would thwart the acquisition of U.S. Steel by a Japanese company, and he called for a tripling of tariffs on Chinese steel, seeking to use trade policy to win over working-class votes in the battleground state of Pennsylvania. The []
President Joe Biden has told an audience of cheering unionized steelworkers that his administration will block the acquisition of U.S. Steel by a Japanese company.
President Joe Biden has told an audience of cheering unionized steelworkers that his administration will block the acquisition of U.S. Steel by a Japanese company.
Peter Schweizer, the author of Blood Money: Why the Powerful Turn a Blind Eye While China Kills Americans, dismissed President Joe Biden's plan to call for raising tariffs on Chinese steel and aluminum during a campaign speech to American steelworkers in Pittsburgh on Wednesday.
If not effectively challenged, Xi's goal of making China the world's leading superpower by 2049 may become reality sooner than expected.
President Joe Biden and presumptive GOP nominee Donald Trump are now working to one-up each other with various tariff proposals despite both political parties enthusiastically backing free trade just a few years ago. The latest came on Wednesday, when Biden proposed tripling the import tariff on Chinese steel and aluminum, subject to an investigation by […]
Certain federal loan holders must consolidate by April 30 to qualify through Income-Driven Repayment and Public Service Loan Forgiveness.