The Impact of Protectionist Trade Policies on Average North Carolinians: Where is the Voice of the Consumer? on Nostr: US Trade Policy: Trump and Biden Maintain Heavy Import Tariffs =============== ...
US Trade Policy: Trump and Biden Maintain Heavy Import Tariffs
===============
#4b8f3bd9 ver:0.61
Both Trump and Biden maintain heavy import tariffs, reflecting a protectionist trade policy. They believe increased imports, especially from China, have cost American manufacturing jobs. Tariffs could lead to inflation and higher costs, but Biden aims to subsidize key industries for competitiveness and national security. The US is unlikely to reverse its protectionist stance, driven by discontent with free trade and concerns about China. However, there is hope for improved trade relations with allies to counter China's influence. #TradePolicy #Protectionism #Tariffs #USChinaRelations...
#newstr #UsTradePolicy #Protectionism #Tariffs #Imports #Inflation #China #Steel #Aluminum #ElectricVehicles #Batteries #SolarCells #Chipmaking #EvManufacturing
https://here.news/story/4b8f3bd9?ver=0.61Published at
2024-05-21 17:55:40Event JSON
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"content": "US Trade Policy: Trump and Biden Maintain Heavy Import Tariffs\n===============\t\n#4b8f3bd9 ver:0.61\n\nBoth Trump and Biden maintain heavy import tariffs, reflecting a protectionist trade policy. They believe increased imports, especially from China, have cost American manufacturing jobs. Tariffs could lead to inflation and higher costs, but Biden aims to subsidize key industries for competitiveness and national security. The US is unlikely to reverse its protectionist stance, driven by discontent with free trade and concerns about China. However, there is hope for improved trade relations with allies to counter China's influence. #TradePolicy #Protectionism #Tariffs #USChinaRelations...\n\n#newstr #UsTradePolicy #Protectionism #Tariffs #Imports #Inflation #China #Steel #Aluminum #ElectricVehicles #Batteries #SolarCells #Chipmaking #EvManufacturing \n\n https://here.news/story/4b8f3bd9?ver=0.61",
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