It's not entirely clear to me why Biden would want to continue Trump's tariffs. The tariffs penalize companies that make products here in the U.S.
The tariffs certainly don't make America great again.
>>>"Unfortunately, the tariffs have caused us to move manufacturing of some of our products over to China," Digre said. "If the tariffs went away, we would start moving a lot of that stuff back here." . . . In the summer of 2020 . . . Biden also scoffed at Trump's strategy, telling NPR that "we're going after China in the wrong way." . . .
Some of his speakers have 14 different tiny components, many of which are imported. Digre pays the U.S. government a 25% tax on each individual part. But when he imports a speaker fully made in China, the tariff is lower: only 7.5%. . . . "In many cases ... more of our product is being built in China now than before the tariffs," said Digre. . . .
Digre moved into a new factory facility in 2019, just as the trade war was getting underway. He had plans to grow his business, but instead, he says he's spent about $2 million on tariffs.
"If we had that money you would see some very, very high-tech assembly lines set up here," he said, pointing to a large swath of his factory floor sitting empty.<<<
