The Daily How Biden Adopted Trump’s Trade War With China
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May 13, 2024 
Jim Tankersley, an economic policy reporter for The New York Times, reveals how President Biden has continued and intensified Donald Trump's trade war with China. Instead of reversing policies, Biden is calling for steel tariffs and considering raising tariffs on electric vehicles to 100%. The discussion highlights shifts in the tech landscape, the focus on domestic production in clean energy, and the evolving U.S. economic strategy aimed at countering foreign competition, especially from China.
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Trump's Campaign Promise
- Trump campaigned on bringing back manufacturing jobs lost to China, promising to be "the greatest jobs president."
- He specifically targeted jobs in industries like clothes, shoes, steel, resonating with workers in the industrial Midwest.
Trade War Shock
- Trump's trade war with China, initiated by tariffs on various goods, was a departure from decades of U.S. policy.
- This approach, aimed at gaining leverage for a "better deal," was met with skepticism from economists across the political spectrum.
Political Win, Economic Question Mark
- While Trump's tariffs didn't significantly increase manufacturing jobs, they resonated politically.
- This shifted the political landscape, making a tough-on-China stance popular in both parties.