Your current location:HOME >sport >Trump or Biden? Either way, US seems poised to preserve heavy tariffs on imports 正文
TIME:2024-05-21 20:52:33 Source: Internet compilationEdit:sport
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.
UN Security Council rejects Russia2024-05-21 20:52
AP Week in Pictures: Latin America and Caribbean2024-05-21 20:02
Chevrolet Malibu heads for the junkyard as GM shifts focus to EVs2024-05-21 19:58
Harris congratulates HBCU graduates in video message for graduation season2024-05-21 19:49
Verona confirms Serie A status for another year after beating Salernitana2024-05-21 19:17
Man paralyzed after being hit with a Taser while running from police in Colorado sues officer2024-05-21 18:59
With contestants ditching English language songs to 'ambivalence' over the Union Jack2024-05-21 18:52
Bridgerton actress Nicola Coughlan stuns in an all2024-05-21 18:40
Bella Hadid goes braless in a thigh2024-05-21 18:22
Country star Cindy Walker posthumously inducted into Songwriters Hall of Fame2024-05-21 18:14
‘The Blue Angels,’ filmed for IMAX, puts viewers in the ‘box’ with the elite flying squad2024-05-21 20:41
Watch the hilarious moment Prince William laughs off a woman shouting 'Can I have a kiss, William?'2024-05-21 20:30
Putin says Russia bound to achieve goals in development2024-05-21 20:26
Susanna Tapani scores in OT, Aerin Frankel makes 53 saves, and Boston beats Montreal 22024-05-21 20:11
Macron is making a surprise trip to New Caledonia amid deadly unrest and indigenous frustration2024-05-21 19:06
Abbey Clancy reveals her husband Peter Crouch once sent a very inappropriate text to her mum2024-05-21 19:01
Arkansas lawmakers adjourn session, leaving budget for state hunting, fishing programs in limbo2024-05-21 18:56
Cara Delevingne keeps it casual in white t2024-05-21 18:25
Christopher Reeve Super/Man documentary2024-05-21 18:16
Asteroids, Myst, Resident Evil, SimCity and Ultima inducted into World Video Game Hall of Fame2024-05-21 18:13