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Senators Ask Biden to Maintain China Tariffs Imposed by Trump

streetwisepol May 29, 2022 Biden administraiton, China, China tariff, chinese imports, Congress, Politics, trade imbalances, Trump Administration, US, US News, US-China Relations Comments Off on Senators Ask Biden to Maintain China Tariffs Imposed by Trump
A group of bipartisan senators have written a letter to President Joe Biden asking that he maintain the tariffs on Chinese imports imposed by the Trump administration.
The senators, led by Republican Rob Portman, point out that the United States had imposed tariffs on $370 billion worth of Chinese goods in response to Beijing’s “discriminatory economic practices,” the May 25 letter states.
This includes forcing U.S. companies to enter into joint ventures with local firms in order to conduct business in China, forcing foreign companies to license technologies to Chinese firms at terms beneficial to the latter, stealing American intellectual property, intruding into U.S. computer networks, and so on….

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