Commerce secretary says Biden weighing ‘potential labor implications’ earlier than deciding whether or not to elevate China tariffs

Commerce Secretary Gina Raimondo informed CBS’ “Face the Nation” on Sunday that one of many issues holding up President Biden from making a choice whether or not or to not elevate Trump-era tariffs on China that some economists say may assist ease inflation are the impacts such a transfer would have on labor unions.

Regardless of an evaluation by the Peterson Institute for Worldwide Economics that lifting tariffs on some Chinese language-made merchandise would save households a whole bunch of {dollars}, Biden is anxious concerning the assist of unions in making this determination. 

You are reading: Commerce secretary says Biden weighing ‘potential labor implications’ earlier than deciding whether or not to elevate China tariffs

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“There are potential labor implications. One factor about this president is he won’t ever do something that he thinks will damage employees in America, or union employees in America,” she stated. 

“He’s being appropriately deliberative to make it possible for, sure, he desires to scale back inflation and he desires to make it simpler for shoppers however he desires to make certain that once we do it, or if we do, that it received’t have any impression on American employees.”

Labor unions are actively campaigning in opposition to dropping tariffs on China, with a number of teams submitting an official remark to the Workplace of the U.S. Commerce Consultant earlier this month to advocate for the tariffs to remain in place.

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Trump imposed quite a few tariffs on China throughout his time in workplace, saying buying and selling practices with the nation had been unfair to the U.S. The Biden administration has stored lots of the tariffs in place regardless of indicating among the insurance policies should be modified. 

The commerce secretary herself advocated for dropping among the tariffs, however there isn’t any clear timeline on when the president will decide on the problem. 

Biden’s pondering is also impacted by the midterm elections, the place union assist is an enormous assist to Democrats in a yr the place Republicans are anticipated to select up a number of seats.

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