"Biden's Push to Protect U.S. Steel Industry and Increase Tariffs on Chinese Imports"

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Source: The White House
"Biden's Push to Protect U.S. Steel Industry and Increase Tariffs on Chinese Imports"
Photo: The White House
TL;DR Summary

The Biden-Harris Administration has announced new measures to protect the U.S. steel and shipbuilding industry from China's unfair trade practices, including a call to triple the tariff rate on steel and aluminum imports from China, an investigation into China's unfair shipbuilding practices, and actions to support American steel manufacturing and clean steel production. These efforts aim to address concerns about unfair competition from Chinese steel and aluminum imports, prevent evasion of tariffs, and invest in sustainable steel production to fortify the infrastructure and support American workers.

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