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2024-05-22 11:02:17

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

US Trade Policy Likely to Maintain Heavy Tariffs on Imports Under Biden and Trump
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#4b8f3bd9 ver:0.7

Both Biden and Trump are likely to maintain heavy tariffs on imports, reflecting a protectionist trade policy. Biden has preserved Trump's tariffs on steel, aluminum, and goods from China, and has even announced new tariffs on Chinese products. The belief is that imports, especially from China, have led to the loss of American manufacturing jobs. This approach aims to rebuild US manufacturing and invest in the green transition. However, experts warn that protectionist policies could have negative economic consequences. #TradePolicy #Tariffs #Protectionism...

#newstr #TradePolicy #Tariffs #Imports #Protectionism #DonaldTrump #JoeBiden #China #ManufacturingJobs #Inflation

https://here.news/story/4b8f3bd9?ver=0.7
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