Daily Press

Biden calls for higher steel tariffs on China

- By Chris Megerian and Will Weissert

PITTSBURGH — President Joe Biden is calling for a tripling of tariffs on Chinese steel and aluminum to protect American producers from a flood of cheap imports, pitching his election-year plan during a visit Wednesday with steelworke­rs in Pennsylvan­ia, where union support could prove crucial in the White House race.

The move reflects the intersecti­on of Biden’s internatio­nal trade policy with his reelection effort. The White House insists the policy is more about shielding American manufactur­ing from unfair trade practices overseas than firing up a union audience.

The current tariff rate is 7.5% for both steel and aluminum but could climb to 22.5%.

The Biden administra­tion also promised to pursue anti-dumping investigat­ions against countries and importers that try to saturate existing markets with Chinese steel. It said it was working with Mexico to ensure that Chinese companies cannot circumvent the tariffs by shipping steel there for subsequent export to the United States.

“The president understand­s we must invest in American manufactur­ing. But we also have to protect those investment­s and those workers from unfair exports associated with China’s industrial overcapaci­ty,” White House national economic adviser Lael Brainard told reporters.

Biden on Wednesday visited the United Steelworke­rs union headquarte­rs in Pittsburgh, greeting some workers upon his arrival. “Keep U.S. Steel in America,” they told him. “Guaranteed,” he responded.

Still, the tariff move is largely symbolic. The American Iron and Steel Institute said China last year accounted for just 2.1% of U.S. steel imports, making it America’s seventh-biggest source of foreign steel.

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