Biden is fighting Trump’s tough tactics by calling for tripled tariffs on Chinese steel imports [Video]

US President Joe Biden last week called for a tripling of tariffs on Chinese steel and aluminum imports, echoing former President Donald Trump’s levies on a range of goods from China.

Biden — who is the frontrunner for the Democratic Party’s presidential nominee — said China’s steel production was backed by state funds, which enable the commodity to be sold cheaply to the US. He wants to hike a key tariff on Chinese steel and aluminum from 7.5% to 25%.

Trump — who is the GOP’s frontrunner — said in February he would slap tariffs of over 60% on Chinese goods if he’s elected.

The one-upmanship between the two is likely to get more intense this election year as China’s economy struggles to consume all that it’s producing.

China is now exporting the most steel since 2016

Already, China is exporting the most steel since it was accused of causing a glut nearly a decade ago.

In March, China exported 9.9 million …