world

Biden is seeking higher tariffs on Chinese steel as he courts union voters

Font size+Author:Culture Capsule news portalSource:politics2024-05-21 10:04:25I want to comment(0)

SCRANTON, Pa. (AP) — President Joe Biden is calling for a tripling of tariffs on steel from China to

SCRANTON, Pa. (AP) — President Joe Biden is calling for a tripling of tariffs on steel from China to protect American producers from a flood of cheap imports, an announcement he planned to roll out Wednesday in an address to steelworkers in the battleground state of Pennsylvania.

The move reflects the intersection of Biden’s international trade policy with his efforts to court voters in a state that is likely to play a pivotal role in deciding November’s election.

The White House insists, however, that it is more about shielding American manufacturing from unfair trade practices overseas than firing up a union audience.

In addition to boosting steel tariffs, Biden also will seek to triple levies on Chinese aluminum. The current rate is 7.5% for both metals. The administration also promised to pursue anti-dumping investigations against countries and importers that try to saturate existing markets with Chinese steel, and said it was working with Mexico to ensure that Chinese companies can’t circumvent the tariffs by shipping steel there for subsequent export to the U.S.

Related articles
  • Election 2024: Biden and Trump bypassed the Commission on Presidential Debates

    Election 2024: Biden and Trump bypassed the Commission on Presidential Debates

    2024-05-21 09:33

  • Katerina Mrazova scores shootout winner and Ottawa beats Boston 3

    Katerina Mrazova scores shootout winner and Ottawa beats Boston 3

    2024-05-21 09:16

  • Authorities confirm 2nd victim of ex

    Authorities confirm 2nd victim of ex

    2024-05-21 09:07

  • Imelda Staunton reveals The Crown's final episode had to be re

    Imelda Staunton reveals The Crown's final episode had to be re

    2024-05-21 08:19

Netizen comments