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2024-05-21 22:05:17

The Impact of Protectionist Trade Policies on Average North Carolinians: Where is the Voice of the Consumer? on Nostr: US Trade Policy to Maintain Heavy Tariffs on Imports: Trump and Biden Embrace Similar ...

US Trade Policy to Maintain Heavy Tariffs on Imports: Trump and Biden Embrace Similar Approaches
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#4b8f3bd9 ver:0.65

Both Trump and Biden embrace protectionist trade policies, indicating that the US will maintain heavy tariffs on imports. The belief is that imports, especially from China, have cost American manufacturing jobs. Trump imposed tariffs on steel and aluminum, while Biden has preserved them and announced new tariffs on Chinese products. This policy has political significance in swing states and could lead to inflation pressures. Regardless of the election outcome, heavy tariffs are likely to remain in US trade policy. #TradePolicy #Protectionism #Tariffs #China...

#newstr #UsTradePolicy #Protectionism #Tariffs #Imports #ManufacturingJobs #China

https://here.news/story/4b8f3bd9?ver=0.65
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