Joe Biden Traveling to Ohio to Promote Economy While Preparing to Lift Tariffs on China

    0
    104

    The president is expected to journey to Cleveland to talk about the growth of the economy and speak at the Iron Workers Local 17 Training Center.

    Recent reports say the president may act as soon as this week to lift billions of dollars of tariffs on China-made goods shipped to the United States.

    Corporations have campaigned extensively to get Biden to lift tariffs, citing record-high inflation as a reason for doing so.

    But economists estimate lifting tariffs will have a very little immediate impact on consumer prices.

    Trump’s Secret Legacy Is Set To Create Small Fortunes!

    Developing Story - Trump administration oversaw a RADICAL change to the tech world… one that could unleash a huge wave prosperity… and wealth creation in the near future. Find Out More

    Find Out More

    Congressman Tim Ryan (D-OH), who is running for Senate in Ohio, lambasted the president in June for even considering the idea.

    “Letting up on a communist government that’s made it their decades-long mission to undercut American manufacturing isn’t how we bring costs down,” he wrote on social media. “It’s these kinds of irresponsible trade policies that got us here in the first place.”

    Ryan, however, previously opposed Trump’s tariffs on China. In 2018, he criticized Trump for inflicting “maximum damage on the U.S. economy for minimal gain.”

    White House press secretary Karine Jean-Pierre said Tuesday no decision had been made on tariffs, but criticized former President Donald Trump for imposing tariffs on China “in such a haphazard way, in a non-strategic way.”

    “We are — want to make sure that we have the right approach,” she said.

    Trump lambasted Biden in a statement about his plan to lift tariffs, calling the idea the “greatest gift” to China.

    “Taking these Tariffs off would be a clear signal that the United States is weak, ineffective, and doing business as usual,” he wrote.

    Jeff Bezos’ Big Bet
    World’s 2nd-Richest Man’s Latest Bombshell

    The fuse has already been lit... and on March 9th I believe he’ll reveal a few more details. If you missed out on taking advantage of the Amazon success story... don’t miss out again. Find Out More

    Find Out More

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here