Remarks on Signing a Memorandum Imposing United States Tariffs on Certain Chinese Imports and an Exchange With Reporters.

TARIFF; SUPPLY-side economics; ECONOMIC competition; UNFAIR competition; ELECTRIC vehicle batteries

President Joseph R. Biden Jr. delivered remarks on signing a memorandum imposing tariffs on certain Chinese imports. He emphasized the importance of fair competition and highlighted the unfair trade practices of the Chinese government, such as subsidizing industries and forcing technology transfers. The President announced tariffs on steel, aluminum, electric vehicles, solar panels, semiconductors, and health equipment. He also discussed the investments being made in clean American steel and aluminum, as well as the promotion of electric vehicles made in America by union workers. The President expressed his commitment to fair competition with China and the revitalization of American industries. [Extracted from the article]

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