Your current location:HOME >entertainment >Trump or Biden? Either way, US seems poised to preserve heavy tariffs on imports 正文
TIME:2024-05-22 02:40:29 Source: Internet compilationEdit:entertainment
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.
Children are evacuated from school 'during an exam' after threat made via email2024-05-22 02:39
LIZ JONES: Here's the final straw that ended my disastrous relationship2024-05-22 02:30
Ryan Gosling says his and Eva Mendes' two daughters 'don't care' that they're A2024-05-22 02:27
Celta Vigo closer to avoiding relegation after edging Villarreal in Spanish league2024-05-22 02:25
Cannes 2024: Studio Ghibli takes a bow with an honorary Palme d'Or2024-05-22 01:51
Pictured: Three suspects charged2024-05-22 01:49
NANA AKUA: Why Barbra Streisand was RIGHT to ask Melissa McCarthy if she was on Ozempic2024-05-22 01:42
Indian separatists plotted to kill Sir Winston Churchill during pre2024-05-22 01:33
FDIC chairman Martin Gruenberg to step down, White House says2024-05-22 01:06
Celta Vigo closer to avoiding relegation after edging Villarreal in Spanish league2024-05-22 00:50
Ben Whishaw lights up the Croisette as he joins his co2024-05-22 02:38
Bob Avellini, quarterback who teamed with Walter Payton to lead Bears to 1977 playoffs, dies at 702024-05-22 02:16
Miami is hotter than ever! Here's what to do in America's most exciting city2024-05-22 02:15
First loss shouldn't take away from Jaime Munguia's potential2024-05-22 01:43
Defending champion South Carolina to open season in Las Vegas against Michigan2024-05-22 01:39
EMILY PRESCOTT: It's a power meeting! Eco Ellie Goulding's cosy chat with Ovo energy boss2024-05-22 01:16
Warren Buffett's company faces lawsuit over shareholder proposal2024-05-22 00:40
Victory may be in sight for Starmer but the polls can be deceptive2024-05-22 00:37
Everybody may love Raymond, but Ray Romano loves Peter Boyle2024-05-22 00:20
Biden has rebuilt the refugee system after Trump2024-05-22 00:17