Biden says China 'cheating' on steel prices

18-04-2024 09:12 AM

Ammon News - US President Joe Biden accused Beijing Wednesday of "cheating" to keep steel prices low, as he unveiled plans to hike tariffs on Chinese steel in a campaign speech to American steelworkers.

"China's steel companies don't need to worry about making a profit because the Chinese government is subsidizing them so heavily. They're not competing, they're cheating," Biden said at the United Steelworkers union in Pittsburgh.


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