Biden to Call for Higher Tariffs on Chinese Steel Imports
April 17, 2024
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0:51Now PlayingBiden to Call for Higher Tariffs on Chinese Steel Imports
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as posted by the channelPresident Joe Biden is calling for higher tariffs on Chinese steel and aluminum, part of a series of steps to shore up the American steel sector and woo its workers in this year’s election.
In a visit to Pittsburgh on Wednesday, Biden will propose new 25% tariffs on certain Chinese steel and aluminum products as part of an ongoing review, while the US also launches a formal probe into China’s shipbuilding industry. Biden will reiterate that United States Steel Corp., based in Pittsburgh, should remain American-owned.
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