United States President Joe Biden on Wednesday urged a tripling of tariffs on Chinese steel and aluminum, citing"unfair competition" as he seeks to win blue-collar votes in November's election.
Both Biden and his election rival Donald Trump are competing for vital blue-collar voters, promising to revive American manufacturing. As the USTR reviews tariffs imposed on China during Trump's administration, Biden urged it to triple an existing rate under Section 301 of the Trade Act.The so-called Section 301 investigation was the primary tool the Trump administration used in the trade war with China to justify tariffs.
Biden won the backing last month of the United Steelworkers union and has opposed a bid by Japan's Nippon Steel to take over the Pittsburgh-based US Steel.
United States Steel
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