|
Neubauer Artists LLC Getting your Trinity Audio player ready... |
The measure represents one of the US President’s biggest moves in the economic race with China
This decision is the culmination of a review of the so-called “Section 301” definitions, which were first imposed under Trump. The decision is also expected to largely maintain current fees. An announcement is scheduled for next Tuesday, two of the people said.
The full details of the decision were not clear, while the White House declined to comment.
While the decision may be delayed, it nonetheless represents one of Biden’s biggest moves in the economic race with China. The action comes on the back of last month’s call to raise tariffs on Chinese steel and aluminum, and coincided with the official launch of a new investigation into China’s shipbuilding industry.