Trump or Biden? Either way, US seems poised to preserve heavy tariffs on imports
- Donald Trump's 25% tariff on foreign steel negatively impacted Clips & Clamps Industries, leading to increased material prices and lost contracts.
- Joe Biden maintained Trump's tariffs on steel, aluminum, and goods from China, providing little relief to affected businesses.
- Biden recently announced new tariffs on Chinese electric vehicles, batteries, and solar cells to prevent an influx of cheap imports.
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Leaning Left7Leaning Right2Center4Last Updated2 months agoBias Distribution54% Left