Biden Administration Must Maintain Tariffs on Chinese Goods
During his campaign, Biden laid out his economic agenda for the country: “Build Back Better, which includes a $700 billion investment in procurement and research and development for new technologies such as biotech, clean energy, and artificial intelligence.” The goal is that “the new plan will help create 5 million new jobs.” As Vice President under President Obama, Biden advocated engagement with China but changed his tune during the campaign, “calling Chinese President Xi Jinping a “thug. ” While he repeatedly criticized “Trump’s trade and tariff war with China as being ineffective and failing to protect the US economy,” the Biden Administration must maintain the steel and aluminum tariffs to have any hope of achieving his goal.
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