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Biden administration set to revamp Trump’s tariff program after multi-year review, sources say

todayMay 10, 2024 3

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The Biden administration is set to unveil a sweeping restructuring of former Pres. Trump’s trademark tariffs on Chinese imports, according to sources familiar with the matter. The announcement, expected as early as next week, would see tariffs dialed up significantly in some industries seen as strategic to the US economy, and kept in place or dialed back in others deemed less critical to national security, these sources said.

​ The Biden administration is set to unveil a sweeping restructuring of former Pres. Trump’s trademark tariffs on Chinese imports, according to sources familiar with the matter. The announcement, expected as early as next week, would see tariffs dialed up significantly in some industries seen as strategic to the US economy, and kept in place or dialed back in others deemed less critical to national security, these sources said. Read More Breaking News, Latest News and Videos | CNN 

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