President Biden's Tariff Plan on Chinese Steel and Aluminum
Author Peter Schweizer criticizes President Biden's plan to raise tariffs on Chinese steel and aluminum, highlighting Biden's previous opposition to tariffs on Chinese imports. Biden now faces pressure from labor unions and is accused of being favorable to China despite tough talk. The article also mentions Biden's history with China and his changing stance on trade policies.
Key Points
- President Biden plans to triple tariffs on Chinese steel and aluminum
- Labor unions have concerns about Chinese competition
- Biden previously opposed tariffs on Chinese imports during Trump's presidency
- Biden has a history of involvement with China
- Biden faces pressure to address trade policies ahead of the 2024 election
Pros
- Addressing concerns about Chinese competition and the future of the U.S. steel industry
- Showing willingness to take a tougher stance on China
Cons
- Criticism for previous opposition to tariffs on Chinese imports
- Accusations of being favorable to China