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Biden to call for tripling tariffs on Chinese steel
WASHINGTON -- President Joe Biden will instruct U.S. Trade Representative Katherine Tai to consider tripling tariffs on Chinese steel and aluminum, warning that an influx of artificially cheap Chinese products could hurt American workers if left unchecked.
"China's policy-driven overcapacity poses a serious risk to the future of the American steel and aluminum industry," Biden's national economic adviser said ahead of the expected announcement.
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