“One day after news broke that President Biden was planning to raise tariffs on Chinese electric vehicles to roughly 100%, Donald Trump moved to one-up his rival for the White House,” the Wall Street Journal reports.
said Trump: “I will put a 200% tax on every car that comes in from those plants… Biden finally listened to me. He’s about four years late.”
“The retort put on display a dynamic now at the heart of U.S. trade policy: The leaders of both political parties are racing each other to impose tough barriers on trade with China. What was once a lone effort by Trump to disrupt the bipartisan faith in free trade has become an establishment consensus of its own.”
Politico: Trump sees Biden’s China tariffs, and raises him.
Save to Favorites