Your current location:HOME >health >Trump or Biden? Either way, US seems poised to preserve heavy tariffs on imports 正文
TIME:2024-05-21 22:17:33 Source: Internet compilationEdit:health
WASHINGTON (AP) — As president, Donald Trump imposed a 25% tariff on foreign steel, which hurt Clips
WASHINGTON (AP) — As president, Donald Trump imposed a 25% tariff on foreign steel, which hurt Clips & Clamps Industries, a Michigan auto supplier — raising its materials prices, making it harder to compete with overseas rivals and costing it several contracts.
Jeff Aznavorian, the company president, thought he might enjoy some relief once Joe Biden entered the White House. Instead, Biden largely preserved Trump’s tariffs — on steel, aluminum and a mass of goods from China.
“It was a little surprising that an ideologically different administration would keep the policies so intact,’’ Aznavorian said, recalling how a previous Democratic president, Bill Clinton, had fought for freer trade. “That’s just so different from a 2024 Biden administration.’’
Trump and Biden agree on essentially nothing, from taxes and climate change to immigration and regulation. Yet on trade policy, the two presumptive presidential nominees have embraced surprisingly similar approaches. Which means that whether Biden or Trump wins the presidency, the United States seems poised to maintain a protectionist trade policy — a policy that experts say could feed inflation pressures.
Jessica Biel CHOPS her long locks into a bob after book signing in Studio City2024-05-21 21:47
Maryland program to help Port of Baltimore businesses retain employees begins2024-05-21 21:20
Judge orders ex2024-05-21 20:49
Bangladesh fire: At least 43 dead in Dhaka building blaze2024-05-21 20:41
Jodie Turner2024-05-21 20:35
Judge orders ex2024-05-21 20:06
More aid is supposed to be entering the Gaza Strip. Why isn’t it helping?2024-05-21 20:05
Arizona abortion law: Trump pushes state lawmakers to remedy ruling2024-05-21 19:49
Macron is making a surprise trip to New Caledonia amid deadly unrest and indigenous frustration2024-05-21 19:46
Three killed in Ethiopia shootout as regional rebellions spill into the capital2024-05-21 19:38
Burglar hurled stolen mobile phones at police from the top of 60ft high roof during nine2024-05-21 22:05
Eight buffaloes in Kenya electrocuted after walking into low2024-05-21 21:43
Maine governor signs bill restricting paramilitary training in response to neo2024-05-21 21:34
Uruguayan singer2024-05-21 21:14
Pope trip to Luxembourg, Belgium confirmed for September, 2 weeks after challenging Asia visit2024-05-21 20:42
Nikki Haley beats Donald Trump in Washington DC for first primary victory2024-05-21 20:26
Colombia's capital starts rationing water after reservoirs hit historically low levels2024-05-21 20:03
Jury visits a ranch near US2024-05-21 19:59
Ricky Stenhouse punching Kyle Busch could lead to suspension2024-05-21 19:44
Evacuation notice lifted in Utah town downstream from cracked dam2024-05-21 19:42