The bipartisan worry that is uniting Washington: Cheap Chinese goods


Source: finance.yahoo.com finance.yahoo.com

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For all the differences between Joe Biden and Donald Trump, they share a bipartisan worry about China flooding global markets with cheap goods. President Biden's recent call for a tripling of tariffs on Chinese steel was just the latest example of how voters will have a choice this fall that is one of degree as opposed to changes in direction when it comes to China trade. Both camps are lining up behind increasingly protectionist plans. Biden is calling for tariff hikes on select Chinese sectors. Trump wants 60% tariffs across the board. Biden is looking to "de-risk" the relationship with...