The Biden Administration’s Tariff Dilemma
05/28/2021 - The Biden administration is facing a difficult decision when it comes to the Section 232 steel and aluminum tariffs, reports The Hill.
“The administration is really torn between two competing priorities,” Edward Alden, a trade expert at the Council on Foreign Relations, told the publication.
“On the one hand, it wants to resolve outstanding trade differences with the EU and present a more united front in dealing with China. But on the other hand, the administration has made clear that it wants a worker-center trade policy here in the United States, and lifting the tariffs will face considerable opposition from the steelworkers and other labor unions,” he said.
The Hill has more here.