Your current location:HOME >politics >Trump or Biden? Either way, US seems poised to preserve heavy tariffs on imports 正文
TIME:2024-05-22 02:39:53 Source: Internet compilationEdit:politics
WASHINGTON (AP) — As president, Donald Trump imposed a 25% tariff on foreign steel, which hurt Clips
WASHINGTON (AP) — As president, Donald Trump imposed a 25% tariff on foreign steel, which hurt Clips & Clamps Industries, a Michigan auto supplier — raising its materials prices, making it harder to compete with overseas rivals and costing it several contracts.
Jeff Aznavorian, the company president, thought he might enjoy some relief once Joe Biden entered the White House. Instead, Biden largely preserved Trump’s tariffs — on steel, aluminum and a mass of goods from China.
“It was a little surprising that an ideologically different administration would keep the policies so intact,’’ Aznavorian said, recalling how a previous Democratic president, Bill Clinton, had fought for freer trade. “That’s just so different from a 2024 Biden administration.’’
Trump and Biden agree on essentially nothing, from taxes and climate change to immigration and regulation. Yet on trade policy, the two presumptive presidential nominees have embraced surprisingly similar approaches. Which means that whether Biden or Trump wins the presidency, the United States seems poised to maintain a protectionist trade policy — a policy that experts say could feed inflation pressures.
Jennifer Garner visits ex2024-05-22 02:32
Walz appointments give the Minnesota Supreme Court its first female majority in decades2024-05-22 02:30
Apple takes down WhatsApp, Threads from China app store — Radio Free Asia2024-05-22 02:17
INTERVIEW: ‘There's exposure across Wall Street’ — Radio Free Asia2024-05-22 01:53
Not so Cool Britannia! Noel Gallagher gives damning verdict on Keir Starmer2024-05-22 01:22
Biden administration tightens rules for obtaining medical records related to abortion2024-05-22 01:18
Orlando Magic guard Jalen Suggs helped off with left leg injury in Game 2 against Cavaliers2024-05-22 01:03
A cluster of earthquakes shakes Taiwan after a strong one killed 13 earlier this month2024-05-22 00:49
Brewers starter Joe Ross leaves after first inning vs. Marlins with lower back strain2024-05-22 00:07
PEN America calls off awards ceremony amid criticism over its response to Israel2024-05-22 00:02
Nuggets blow 202024-05-22 02:09
Foundation to convene 3rd annual summit on anti2024-05-22 01:22
North Korean leader Kim leads rocket drills that simulate a nuclear counterattack against enemies2024-05-22 01:14
Lowry, Connor propel Jets to 72024-05-22 01:13
Digital technologies restore looks of 2,2002024-05-22 01:11
INTERVIEW: ‘There's exposure across Wall Street’ — Radio Free Asia2024-05-22 00:47
Judge orders Florida State and the Atlantic Coast Conference to mediation in latest legal round2024-05-22 00:32
William Nylander misses second straight game for Maple Leafs2024-05-22 00:28
Bella Hadid goes braless in a thigh2024-05-22 00:20
The body of a kayaker has been recovered after he vanished last week in Indianapolis2024-05-22 00:19