Biden launches tariffs targeting Chinese imports

by ian

President Joe Biden is placing new tariffs on Chinese imports.

A White House press release yesterday revealed that the president seeks to protect American jobs from unfair Chinese trade practices, including imported technology like electric vehicles, batteries, solar equipment, and other products.

Biden’s tariffs on Chinese products will affect $18 billion in imports. This starkly contrasts his 2019 stance on Chinese tariffs, which then-candidate Biden called “abusive.” When White House Press Secretary Karine Jean Pierre was asked why the sudden change of tune, she evaded the question.

The change comes just in time for the elections. Biden has been saying that the US needs a new industrial policy to compete with former president Trump and his economic policies.