Biden's tariff warnings signal sharp anti-China election battle

19/4/2024 13:27

        The Biden administration's threat to impose more tariffs on China is the latest election-year signal that frostier relations with China are likely to follow regardless of who wins the U.S. presidency.
        
        U.S. President Joe Biden traveled to the battleground state of Pennsylvania on Wednesday to call for higher tariffs on Chinese steel and aluminum products, and top administration officials have signaled those are unlikely to be his last salvo against China this election season.
        
        The same day, Treasury Secretary Janet Yellen signaled that tariffs on Chinese electric vehicles may be necessary to protect American workers from Beijing's glut of overproduction.
        
        This week, the administration also launched an investigation into what it said were China's attempts to dominate the maritime, logistics and shipbuilding industries. Many experts now think the result of that probe and an ongoing multi-year review of Trump-era trade policies will be even more new tariffs on imports from China.