Biden's New Tariffs on Chinese Goods: What You Need to Know! #america #politics #news

Published: Sep 13, 2024 Duration: 00:01:00 Category: News & Politics

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why do 75% of Americans support tougher trade measures with China let's break it down the Biden Administration has just announced new tariffs on a range of Chinese goods from clothing to solar panels to electric vehicles these tariffs range from 7.5% to a whopping 100% the goal protect American factories and reduce Reliance on Chinese Imports but that's not all there's also a proposal to limit the Dom Minimus trade rule you know the one that lets you get packages under $800 from China tariff free this could hit major exporters like shine and temu meaning higher prices for us consumers supporters say these measures are crucial for protecting American jobs and businesses critics though warn they'll lead to increased costs for everyday items the proposed changes will go through a public comment period so everyone has a chance to weigh in so will these tariffs Safeguard American industry or will they just make our shopping carts more expensive

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