Name: Biden Sharply Raises Tariffs on Chinese Imports | Business Matters Full Broadcast (May 14) | Videos | Gan Jing World
Uploaded: 2024-05-14T23:25:07.432Z
Duration: 23 min 27 s
Description: ⭕️Subscribe to our podcast: https://podcasts.apple.com/us/podcast/business-matters-with-don-ma/id1529505739 President Joe Biden on Tuesday unveiled steep tarif... | Videos | Gan Jing World

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President Joe Biden on Tuesday unveiled steep tariff increases on an array of Chinese imports including electric vehicle batteries, computer chips, and medical products, in a bid to woo voters who give his economic policies low marks.


Producer prices—the cost of goods and services paid by businesses—rose hotter than expected in April, adding to concerns that the U.S. economy could be in the middle of another inflation wave.

U.S. and British officials warned on Tuesday of a growing cyber threat from China, with the White House cyber director saying Beijing was capable of causing havoc in cyberspace and a UK spy agency chief warning of an "epoch-defining" challenge.