WASHINGTON — As president, Donald Trump imposed a 25% tariff on foreign steel, which hurt Clips & Clamps Industries, a Michigan auto supplier — raising its materials prices, making it harder to compete with overseas rivals and costing it several contracts.
Trump and Biden agree on essentially nothing on issues from taxes to immigration. Yet on trade, they embraced surprisingly similar approaches. "If you look at the election, it's obvious," said William Reinsch, a former trade official now at the Center for Strategic and International Studies."Where are the deciding states? Pennsylvania, Michigan, Wisconsin — right there, you can see that trade is going to have an outsize role."
He pressured Mexico and Canada into rewriting a North American trade deal he insisted had destroyed U.S. manufacturing jobs. He also persuaded China to agree to buy more American farm goods. Listen now and subscribe: Apple Podcasts | Google Podcasts | Spotify | RSS Feed | SoundStack | All Of Our Podcasts