What’s more surprising, however, is that one House Democratic just introduced a bill to codify Trump’s 10% across-the-board tariffs, revealing how the long-dormant trade policy splits both parties.
But they largely fell out of favor during the late 20th century as the U.S. led a global free trade revolution.
Despite Harris and other attacks on Trump's tariffs, the Biden-Harris administration decided to keep some of the tariffs Trump imposed during his first term on Chinese steel and aluminum and even increase the fees on strategic sectors like electric vehicles and semiconductors.
Still, Biden and Harris have consistently criticized across-the-board tariffs as “indiscriminate” instruments that risk “undermining our alliances,” arguing targeted sanctions do not carry the inflationary risks of wider spread one.
Most say the data is clear that freer trade leads to greater economic growth and they say Trump's across-the-board tariffs would raise inflation and could cost jobs.
Persons:
Donald Trump, Kamala Harris, ” Trump, Jared Golden, Trump, ”, “, ” Harris, He’s, Sen, Rand Paul, Harris, Still, Biden, Golden, ” Golden
Organizations:
GOP, Democratic, MSNBC, Trump, Biden
Locations:
LINCOLNVILLE, Maine, Athens, U.S, American, Ky, Golden's