President Biden heads to Pittsburgh, calls for higher steel tariffs

The Biden administration plans to triple tariffs on Chinese steel and aluminum imports to protect the US steel industry. This move is part of a broader strategy to address concerns about China's overcapacity in these industries. President Biden will announce these plans in Pittsburgh and also discuss an investigation into Chinese shipbuilding subsidies. The administration aims to balance competition and communication with China, emphasizing that these actions are not anti-China but rather a strategic approach to mitigate global economic risks. Biden's campaign in Pennsylvania highlights his economic policies and contrasts with former President Trump's agenda.

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