Biden wants to triple China tariffs on steel, aluminum imports
2024-04-18 09:25:33 source:CNBC
April 17, 2024
President Joe Biden is calling on the U.S. Trade Representative to triple the China tariff rate on steel and aluminum imports as he makes the rounds in the key battleground state of Pennsylvania.
On Wednesday, the president will visit the United Steelworkers headquarters in Pittsburgh.
Biden’s demand to raise the current 7.5% average tariff on steel and aluminum is an effort to make clear that his administration’s recent warnings about China’s trade practices are not empty threats.
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