Current location:Worldly Wonders news portal > health
Trump or Biden? Either way, US seems poised to preserve heavy tariffs on imports
Worldly Wonders news portal2024-05-21 22:19:19【health】7People have gathered around
IntroductionWASHINGTON (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.
Address of this article:http://niger.e-directivos.com/article-81f099841.html
Very good!(27813)
Related articles
- Benedict Cumberbatch looks suave as he joins his co
- Are you having enough sex? Our intimacy coach reveals eight ways to have more
- Black cab driver who fled a fatal midnight hit
- Dozens of pro
- Online reading or offline clubs? Young Chinese embrace both in digital era
- Russia launches drones as Ukraine marks third Easter at war
- Russia launches drones as Ukraine marks third Easter at war
- Trump says Biden is running a 'Gestapo' administration
- Why US Catholics are planning pilgrimages in communities across the nation
- Sierra Nevada records snowiest day of the season
Popular articles
Recommended
Yu Darvish extends scoreless innings streak to 25 in Padres' 9
Kendrick Lamar calls Drake a PEDOPHILE in new diss track as their war of words heats up
Nick Gordon homers and gets 4 hits to lead Marlins past A's 12
Police quiz six ex
Wildfires sweep across Finland, straining rescue services
UK's ruling Conservative Party suffers heavy losses in local elections
$400 million boost in federal funds for security at places of worship
Atlanta police hoist six illegal squatters from $500,000 home after stealing neighbor's car
Links
- David Beckham reveals his Netflix documentary director was mad at him over viral 'be honest' moment
- Liverpool get back on track with 4
- Why the verdict in New Hampshire's trial over youth center abuse is being disputed
- Chinese paddlers stunned at WTT 2024 Saudi Smash
- Dortmund's Reus hopes to sign off in style
- Jennifer Lopez demands her 16
- Katy Perry and Rihanna didn't attend the Met Gala. But AI
- Equestrian Beijing Masters to be held in October
- Chinese paddlers stunned at WTT 2024 Saudi Smash
- How a stem cell transplant could help to stop epilepsy seizures