Biden angling to triple tariffs on Chinese steel

File photo: The Biden administration also promised to pursue antidumping investigations against countries and importers that try to saturate existing markets with Chinese steel.PITTSBURGH — President Joe Biden is calling for a tripling of tariffs on Chinese steel and aluminum to protect American producers from a flood of cheap imports, and will pitch his election-year plan during a visit Wednesday with steelworkers in Pennsylvania, where union support could prove crucial in the White House race.

Japan’s Nippon Steel has proposed acquiring the company, and Biden last month came out against the move, saying “it is vital for it to remain an American steel company that is domestically owned and operated.” To coincide with the announcement, Biden’s campaign released a 60-second ad that will air on Pennsylvania television for the next five days. It features a steelworker, who is also a small-town mayor, praising the president’s economic policies.

Inflation has already been a drag on Biden’s political fortunes, and his turn toward protectionism echoes the playbook of his predecessor and opponent in this fall’s election, Republican Donald Trump.

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tony Bobulinski: Xi Jinping gave nod to deal with Hunter, Joe BidenA former Biden family business associate said President Biden's son referenced Chinese President Xi Jinping's desire for a partnership between the Biden family and a Chinese energy company in 2017.
Source: WashTimes - 🏆 235. / 63 Read more »

Joe Biden to call for tripling tariffs on Chinese aluminum, steelPresident Biden on Wednesday will call for tripling the tariff rate on steel and aluminum imported from China, a move aimed at preventing American manufacturers from being undercut by lower-cost imports.
Source: WashTimes - 🏆 235. / 63 Read more »

Biden calls for tripling of tariffs on Chinese steelNo 1 source of global mining news and opinion
Source: mining - 🏆 449. / 53 Read more »

Biden aims to triple tariffs on Chinese steel and aluminum importsPresident Biden is on a three-day swing through Pennsylvania and the Rust Belt.
Source: CBSNews - 🏆 87. / 68 Read more »

Biden to impose higher tariffs on Chinese steel in Wednesday speech with union workersPresident Joe Biden is calling for a tripling of tariffs on steel from China to protect American producers from a flood of cheap imports...
Source: KUTV2News - 🏆 281. / 63 Read more »

Biden calls for tripling of Chinese steel tariffs while courting Pennsylvania union workersPresident Biden wants to triple the tariffs on Chinese steel and aluminum, a decision that comes as he meets with union workers in Pennsylvania on Wednesday.
Source: dcexaminer - 🏆 6. / 94 Read more »