Trump Blasts Biden's Latest China Play
Katie Pavlich | May 14, 2024 2:30 PM
President Joe Biden announced new tariffs on China Tuesday, impacting Chinese imports into the United States of steel, semiconductors, electric vehicles, solar cells, critical minerals, batteries, battery parts, cranes and medical products.
"China is flooding global markets with artificially low-priced exports. In response to China’s unfair trade practices and to counteract the resulting harms, today, President Biden is directing his Trade Representative to increase tariffs under Section 301 of the Trade Act of 1974 on $18 billion of imports from China to protect American workers and businesses," the White House released in an early morning "fact sheet."
I just imposed a series of tariffs on goods made in China:
25% on steel and aluminum, 50% on semiconductors, 100% on EVs, And 50% on solar panels.
China is determined to dominate these industries.
I'm determined to ensure America leads the world in them.
— President Biden (@POTUS) May 14, 2024
President Donald Trump and his campaign wasted no time slamming the move, calling it an election year ploy to make up for bad and failed policy.
President Trump SLAMS Biden's TOTAL FLIP FLOP on Tariffs: I said where have you been for 3½ years? They should have done it a long time ago. China is eating our lunch - and they went away from what I was doing... it was VERY BAD for the auto industry. pic.twitter.com/W9F5jBceGm...
— Trump War Room (@TrumpWarRoom) May 14, 2024
READ MORE: https://townhall.com/tipsheet/katiepavlich/2024/05/14/trump-blasts-bidens-latest-china-play-n2639054
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