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home / articles / X - Chinese Embassy Condemns Proposed U.S. Tariffs As Examples Of Unilateralism And Protectionism As Biden Seeks To Court Critical Voters | Benzinga


X - Chinese Embassy Condemns Proposed U.S. Tariffs As Examples Of Unilateralism And Protectionism As Biden Seeks To Court Critical Voters | Benzinga

The Biden administration’s warning of additional tariffs on China indicates that strained relations will continue, regardless of the election outcome.

Last week, President Joe Biden visited Pennsylvania, urging for increased tariffs on Chinese steel and aluminum goods

Top officials suggest more actions against China are forthcoming this election season, Reuters reported.

Recently, the administration initiated an inquiry into China’s efforts to control the maritime, logistics and shipbuilding sectors. 

Experts anticipate the probe’s outcome, coupled with a review of Trump-era trade policies, will lead to additional tariffs on Chinese imports, the report read.

Liu Pengyu, a spokesperson for the Chinese embassy in Washington, criticized U.S. tariffs as ...

Full story available on Benzinga.com

Stock Information

Company Name: United States Steel Corporation
Stock Symbol: X
Market: NYSE
Website: ussteel.com

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