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 22:23:42 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.
Dame Judi Dench's tears as she receives Sycamore Gap tree seedling at Chelsea Flower Show2024-05-21 21:54
China's property sector advances on new fronts2024-05-21 21:32
Authorities name driver fatally shot by deputies in Memphis after he sped toward them2024-05-21 21:19
Formula 1 Grand Prix makes roaring comeback2024-05-21 21:08
It's no wonder parents are taking their children on holiday during term time! Sky2024-05-21 20:37
Crown Prince Hussein of Jordan wishes his wife a happy birthday in gushing post2024-05-21 20:30
Formula 1 Grand Prix makes roaring comeback2024-05-21 20:26
Australian prime minister describes domestic violence as a 'national crisis'2024-05-21 20:06
Cannes 2024: Studio Ghibli takes a bow with an honorary Palme d'Or2024-05-21 20:03
Global tourism revenue to total $5.8 trillion this year: Report2024-05-21 19:52
Amir Khan's £11.5m luxury wedding venue finally hosts its first marriage: Bride arrives on horse2024-05-21 22:11
Palestinian death toll in Gaza rises to 34,3052024-05-21 22:05
Buffalo Bill's seventh2024-05-21 21:48
Formula 1 Grand Prix makes roaring comeback2024-05-21 21:28
Bella Hadid goes braless in a thigh2024-05-21 21:27
Senior CPC official meets Australian, Malaysian officials2024-05-21 21:26
Leverkusen salvage Dortmund draw to stay unbeaten2024-05-21 21:04
China hopes US can view China's development in positive light: Xi2024-05-21 20:58
Abbey Clancy, 38, shows off a new set of train track braces as she's left red2024-05-21 20:56
China's Queqiao2024-05-21 20:02