Ahead Of His Summit With Xi, Biden Has a Strong Case to Maintain the Existing China Tariffs. But He’ll Be Hard-Pressed to Impose New Ones

0
118

Voters of all stripes overwhelmingly support the current U.S. tariffs on China heading into an anticipated bilateral summit between U.S. President Joe Biden and Chinese President Xi Jinping, per a Morning Consult survey conducted Oct. 15-19 among 2,000 registered voters in the United States. Voters’ support for the tariffs suggests that the Biden administration will have few incentives to remove them in the near future, even as the White House faces ongoing pushback from some U.S. companies.

But more tariffs are less likely to materialize, given Biden’s all-time low approval ratings and the electorate’s sensitivity, particularly among Democrats and independents, to additional tariffs’ impact on prices. Coupled with historically elevated inflation — which voters increasingly attribute to Biden administration policies — the U.S. government will need to tread cautiously in pushing tariffs…

Read more…