Your current location:HOME >health >Trump or Biden? Either way, US seems poised to preserve heavy tariffs on imports 正文
TIME:2024-05-22 04:20:35 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.
Colin Jost left red2024-05-22 04:02
OJ Simpson's time in Hollywood: A look back at The Naked Gun star's hit movie career2024-05-22 03:15
The players with the most free2024-05-22 03:02
Robert De Niro, 80, walks hand2024-05-22 02:35
Not so Cool Britannia! Noel Gallagher gives damning verdict on Keir Starmer2024-05-22 02:28
Is Phil Foden a shoo2024-05-22 02:26
Controversial Antonio Brown pays tribute to 'legend' OJ Simpson after his death from cancer aged 762024-05-22 02:23
Kyle Richards rocks a tuxedo while ex2024-05-22 02:22
‘The Blue Angels,’ filmed for IMAX, puts viewers in the ‘box’ with the elite flying squad2024-05-22 02:09
Video: How Hong Kong film directors are navigating a new era of censorship2024-05-22 01:46
Iran helicopter crash that killed President Raisi could reverberate across the Middle East2024-05-22 03:45
Jurgen Klopp's gamble backfires as lacklustre Liverpool lose 32024-05-22 03:36
Cristiano Ronaldo swaps red card rage for beach tranquility as Al2024-05-22 03:30
Ariana Grande showcases legs in floral mini dress as she holds hands with Wicked co2024-05-22 03:24
Benedict Cumberbatch looks suave as he joins his co2024-05-22 02:48
Sarah Everard's killer Wayne Couzens should never have been police officer2024-05-22 02:45
Spy agency's surveillance powers too broad, Inspector2024-05-22 02:43
Video shows Victim Support worker 'bragging' about smacking his children2024-05-22 02:39
Trump film shocks Cannes as former US President is depicted 'raping' his then2024-05-22 01:46
What kind of cancer did O.J. Simpson die from?2024-05-22 01:36