Biden Accuses China of ‘Cheating’ on Trade, Imposes New Tariffs
- Changes to impact around $18 billion in current annual imports
- Trump, Biden jockey to appear tough on China before election
Joe Biden speaks at the White House in Washington, DC on May 14.
Photographer: Samuel Corum/Sipa/BloombergThis article is for subscribers only.
President Joe Biden unveiled sweeping tariff hikes on a range of Chinese imports, in an election-year bid to bolster domestic manufacturing in critical industries.
The US president cast the move as a necessary action to protect US workers and businesses from companies that he accused of stealing, cheating and dumping underpriced goods into international markets.