Biden Administration Takes Steps to Safeguard U.S. Industries and Address China's Trade Policies

Wednesday, 17 April 2024, 09:00

President Joe Biden's administration has announced new actions to support American industries and address China's trade practices, including a proposal to triple tariffs on Chinese steel and launch investigations into potential unfairness in the shipbuilding sector. The move reflects Biden's commitment to protecting domestic businesses and workers from external threats and ensuring fair trade practices. The announcement coincides with Biden's upcoming address to the United Steelworkers union in Pittsburgh, underlining the administration's focus on bolstering domestic manufacturing and trade relations.
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Biden Administration Takes Steps to Safeguard U.S. Industries and Address China's Trade Policies

Biden Administration's Measures to Safeguard U.S. Industries

President Joe Biden's administration recently announced new steps to protect American industries, with a specific focus on addressing China's trade policies. The administration unveiled plans to triple tariffs on Chinese steel and initiate investigations into potential unfair trade practices in the shipbuilding industry.

Protecting Domestic Businesses and Workers

The efforts underscore Biden's commitment to safeguarding U.S. businesses and workers from unfair competition and ensuring a level playing field in international trade.

  • Tripling tariffs on Chinese steel
  • Probing potential unfair trade practices in shipbuilding

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