Biden wants to triple China tariffs on steel, aluminum imports


Source: cnbc.com cnbc.com

Key Topics in this News Article:

News Snapshot:

President Joe Biden and his Chinese counterpart Xi Jinping are expected to meet on the sidelines of the Asia-Pacific Economic Cooperation summit in San Francisco in November. 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...