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Published 1 month ago

Biden wants to triple China tariffs on steel, aluminum imports

  • Biden urged the US Trade Representative to triple the 7.5% tariff on Chinese steel and aluminum, aiming to safeguard the American steel industry.
  • Biden's call for increased pressure on Chinese steel drew a firm response from China's Commerce Ministry, opposing the ongoing review.
  • Brainard praised Biden's move as strategic and essential to prevent China from undermining domestic steel production, with Biden accusing China of cheating in trade.
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