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President Biden Plans to Triple Steel and Aluminum Tariffs on China

18Apr By NitishNo Comments

USA

President Biden Plans to Triple Steel and Aluminum Tariffs on China

Washington, 18th April 2024: In response to concerns raised by labor unions regarding the impact of cheap Chinese exports on the U.S. steel industry, President Joe Biden is set to triple tariffs on steel and aluminum imports from China. Biden, speaking to the United Steelworkers union in Pittsburgh, Pennsylvania, emphasized the need for action against what he called cheating by Chinese steel companies. He highlighted the damage caused by unfairly low-priced Chinese steel products in the American market. Biden's proposal to increase tariffs on steel and aluminum imports from China aligns with his efforts to support the U.S. steel industry and create manufacturing jobs. The move also aims to address China's heavy subsidization of its steel companies, which have been flooding global mar...

US House Set to Vote on Controversial TikTok Ban

13th March 2024, Washington: The US House of Representatives is set to vote on Wednesday on a bill that could potentially force TikTok ban in the United States. The proposed legislation poses the most significant threat to TikTok yet, as concerns have mounted among governments and security officials regarding its Chinese ownership and potential allegiance to the Communist Party in Beijing. The scheduled vote, expected to take place at 10:00 am, is anticipated to pass with widespread support, showcasing a rare moment of bipartisan unity in the currently divided political landscape in Washington. While the outcome of the bill remains uncertain in the Senate, where key figures are hesitant to take such drastic action against a widely-used app boasting 170 million US users, President ...

Trump vs Biden: The First US Presidential debate 2020

Washington, 30th Sept 2020: During the first of the three presidential debates in Cleveland, Ohio, Trump and Biden clashed over each other's personality, past record, family, and their visions. Democratic challenger Joe Biden on Wednesday termed President Donald Trump a "liar" and a "clown" as the pair clashed in a fiery start to their first presidential debate. "The fact is that everything he's (Trump) saying so far is simply a lie. I'm not here to call out his lies. Everybody knows he's a liar," Biden said. Responding to the jibe, Trump said Biden is a liar and graduated last in his class. Attacking Trump over the handling of the coronavirus, Biden said the president has lied to Americans on the COVID-19 issue. While on the market point of view, the US presidential de...