How Biden Adopted Trump’s Trade War With China

Donald Trump upended decades of American policy when he started a trade war with China. Many thought that President Biden would reverse those policies. Instead, he’s stepping them up.
Jim Tankersley, who covers economic policy at the White House, explains.
Guest: Jim Tankersley (www.nytimes.com/by/jim-tanker...) , who covers economic policy at the White House The New York Times.
Background reading:
• Mr. Biden, competing with Mr. Trump to be tough on China (www.nytimes.com/2024/04/17/us...) , called for steel tariffs last month.
• The Biden administration may raise tariffs on electric vehicles from China to 100 percent (www.nytimes.com/2024/05/10/us...) .
For more information on today’s episode, visit nytimes.com/thedaily (nytimes.com/thedaily?smid=pc-t...) . Transcripts of each episode will be made available by the next workday.

[@fernandoribeiro7738]

Only 30 years ago there what we called comercial market quotas. With these comercial quotas the multinacionais companies were obligated to divide production bettewn Asia and Ocident. Unfortunatly 90 end Quotas were abolished a big mistake.

[@user-yn2lv7km1q]

Too late go back to sleep Joe!

[@omacburma]

Let's raise prices for all consumers to save 1000 jobs (that will soon be taken over by AI) in one swing state. Great.

[@imago57]

So Robert Kennedy Jr. is right in saying that there is no difference in policies between Trump and Biden.

[@thomasdequincey5811]

No, he's not right. Because where Biden and trump agree on policy isn't all of their Policies. If RFK Jr. was to say that there is no difference in 30% of the policies between trump and Biden, THEN he would be right.

[@EdwardDyson-ol6sw]

Golden Cobra presale holds promise as an investment opportunity, but I'm curious about its long-term sustainability. Any insights on its roadmap and future plans? #GoldenCobra

[@fernandoribeiro7738]

You know why Trump broke the called Paris Agreement ? (about climate) because while UE and USA should reduce their carbon emissions around 40% to 50% till 2030, China says that in 2030 will reach his maximum point on carbon emissions only after that will reduce it slowly until 2060 ... unbelivable how many times Trump was right. Trump said that this Paris Agreement is unfair for american industry. 😮😮😮greetings from Europe Portugal

[@kleash]

Lmao Portugal, we don't need you here.

[@kevinly3426]

watch Trump's poll numbers go up againXD comedy gold and quite ironic btw.

[@mhz90718]

Trump's trade war did move some manufacturing jobs away from China, just not to the US.

[@boiscooka232]

😂 lmao

[@hejohn9227]

it just Chinese company move it manufacturing outer sea, it still Chinese, so nothing really change. Trade war is easy to win? my ass!

[@greentraveler4114]

When American dumping its overcapacity cars, planes, iphones, ipads, elevators, soy beans, pharmaceuticals all over the world, they apparently forgot how did they destroy local manufacturing in other countries. Now they can't compete with the Chinese, they forget free market competition.

[@vogiabao99]

Very low IQ

[@joanyoon4672]

BIDEN 2024!