12min chapter

Today, Explained cover image

The end of Made in China?

Today, Explained

CHAPTER

Biden Administration's Tariffs on Chinese Goods

The chapter explores the rationale behind the Biden administration's decision to raise tariffs on specific goods from China, such as steel, aluminum, and electric vehicles, as a strategic trade tool. It discusses the impact of tariffs on US prices, emphasizing the complexities of international trade relations and the importance of not losing industries to foreign monopolies.

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