Economic impact of U.S. tripling tariffs on Chinese steel would be minimal: China Beige Book

Shehzad Qazi, chief operating officer of China Beige Book International, discusses U.S. President Joe Biden's push to triple tariffs on Chinese steel and aluminum.

[@brianliew5901]

Chinese steel constitutes only 1% of imported steel to the US and Biden is a true comedian. 😂😂😂😂😂

[@ninersnation3298]

but biden makes it like it is a huge deal and it is all over the media.

[@HanS662]

Elect me I’ll raise 10000000% tariffs!

[@amunra5330]

The US is so afraid of China 😆

[@tommas2674]

that is an ignorant comment even if you are a subversive to subvert MY HOME, USA.

[@freedomrulesjavier3904]

So...Biden's move was solely political? Say it aint so Joe!

[@BridgingCulturesChinaAmerica]

Importers pay tariffs on items that they buy, not the exporter. This will just raise prices for the Americans.

[@tommas2674]

Remove the Regulations. and US Steel and the GOOD JOBS for fellow citizens will be push to the other asians Japan. seen this over and over again 6 decades. Also it's just Election rhetoric with traitor joe. And the regulations on our industries n mfg for 6+ decades is what pushed all the good jobs out just not the gouging corporate nazi heads, H.Q. AND the left Wants MORE regulation on us. The Regulations sent them out. and joe had ALL those classified docs from 1970>>> got a "think tank" at upenn from china and MILLIONS+++++ IN FAKE COMPANIES! Our security demands We make everything for ourselves again, We can't even dress ourselves or our miliary anymore. and WE had QUALITY, economies of scale competition was by prdts/brands, politician, corporates FOR Us, Independence Security, Voice NOT kowtowing,..

[@stefenleung]

That really really sound stupid and is stupid. If there's no impact on inflation, meaning there's no import from China or no usage on US, why raise the tariffs to give excuse for China retaliation, like on gallium or germanium?
I assume there's really minimum impact on inflation. But there's real inflation despite what economy is blooming as the government claim. People will automatically put an equal sign on that.

[@davidz7858]

Make loud noise to get more votes. But no matter what sleeping Joe does, he couldn't win 2nd term

[@oka2046]

The election is coming!

[@WorldIsWierd]

Then why do these people care if you raise it. Raise by a million time if it dont matter, but lets say these people are lying this will work

[@brianlowe3529]

Waste of time