14min chapter

Breaking Points with Krystal and Saagar cover image

5/15/24: Fed Says Rates Will Stay High, Biden China Tariffs, Cohen Testifies In Trump Case, UNC Cancels DEI Program

Breaking Points with Krystal and Saagar

CHAPTER

Biden's Tariffs and American Manufacturing

The chapter explores the Biden administration's strategies to boost American steel and aluminum production while imposing tariffs on Chinese electric vehicles and batteries. It highlights the ongoing rivalry between the US and China in the clean energy manufacturing sector and the complex implications of trade policies on domestic industries. The conversation emphasizes the need for re-industrialization and the challenges of maintaining a competitive edge against global imports.

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