Why is Biden ratcheting up the trade war with China?
May 23, 2024 #JoeBiden #unitedstates #China
Chinese imports have helped push down the cost of products like video games, T-shirts and home appl
May 23, 2024 #JoeBiden #unitedstates #China
Chinese imports have helped push down the cost of products like video games, T-shirts and home appliances in the United States. But many American factories say these imports have driven them out of business and cost more than a million people their jobs.
President Joe Biden says he will not allow China to "unfairly control the market".
In the run-up to November's elections, he has sharply raised tariffs on Chinese imports ranging from electric vehicles to solar cells to protect American industries and workers.
Beijing has launched an anti-dumping investigation in response.
And Cuba's sugar industry is in crisis.
Plus, the world faces shortages of critical minerals.
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