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Seminole Red

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Seminole Red

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Tuesday, 05/14/2024 7:42:17 AM

Tuesday, May 14, 2024 7:42:17 AM

Post# of 205457
Biden and the Dems will [tax] anything

(Bloomberg) -- President Joe Biden is hiking tariffs on a wide range of Chinese imports — including semiconductors, batteries, solar cells, and critical minerals — in an election-year bid to bolster domestic manufacturing in critical industries.

The US will also raise levies on port cranes and medical products, in addition to previously reported increases on steel, aluminum, and electric vehicles. The changes are projected to affect around $18 billion in current annual imports, the White House said.

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