The statistics highlight the Biden administration’s policy to retain the Trump administration’s tariffs while adding more tariffs on selected goods.
Tariffs don’t just affect China but also the US economy. The Tax Foundation estimates the US GDP to fall by at least 0.8 percent. The Foundation also projects an employment decline of 684,000 full-time equivalent jobs if Trump wins and imposes pledged tariffs. The economic toll of ongoing trade tensions remains a pressing concern.
US Presidential Election and Outside Interference
As Election Day approaches, fears of possible interference with the US election have intensified. US intelligence has warned of China, Iran, and Russian efforts to influence the election result.
Countries,…
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