Editorial: Joe Biden and Donald Trump agree on tariffs against China. The world has lost its biggest cheerleader for globalisation
Flanked by US labour union representatives, President Joe Biden signs off tariff increases on Chinese imports at the White House earlier this month.Flanked by US labour union representatives, President Joe Biden signs off tariff increases on Chinese imports at the White House earlier this month.he biggest shift in American politics has nothing to do with Stormy Daniels or Michael Cohen, Fox News or golf courses. Indeed, its author is not Donald J Trump.
Yet, what matters is not the what or the why, but the who. When, in 2019, Donald Trump hit Beijing with tariffs across $300bn of goods, his: “Trump doesn’t get the basics. He thinks his tariffs are being paid by China. Any freshman econ student could tell you that the American people are paying his tariffs.” Mr Biden vowed to repeal them. Five years later, they not only remain in place, but he is piling on more.
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