The confrontation between China and the United States has always been the focus of global attention, and after Biden took office, the policy of imposing tariffs on Chinese goods was still retained, which triggered opposition and pressure from major industry associations in the United States. In this Biden** China tariff investigation, more than 160 American business associations called for a halt to the China tariff investigation, which put the White House in a huge predicament. This article will focus on this topic, the background of the U.S.-China dispute, the progress of the tariff investigation, and the opposition within the United States.
From 2018 to 2019, Trump imposed punitive tariffs on $370 billion worth of Chinese goods exported to the United States in the name of "**." Since then, the friction between China and the United States has entered a new stage. Although the policy of tariffs on China has remained basically unchanged since Biden took office, due to the controversy over the effect of the tariffs, the US Congress passed a bill last year to require an investigation into this policy. However, Biden's procrastination and hesitation in the investigation of the China tariffs has led to many problems behind him.
Biden's inconclusive investigation into China has sparked dissatisfaction and pressure from major industry associations in the United States. Among them, Americans for Freedom, which represents more than 160 American business associations, was disappointed by the delays in the office and demanded that it immediately publish the results of the review. Biden has repeatedly extended the waiver, worrying the business community. They are concerned that this temporary waiver will appear before 2024, highlighting the uncertainty that Biden has in the tariff investigation. In addition, according to research by the Council on Foreign Relations, more than two-thirds of the opinions are in favor of removing tariffs on Chinese goods. It can be said that Biden's tariff policy on China is facing tremendous pressure and doubts.
Biden's dilemma lies not only in pressure from the business community and associations, but also in deeper problems. First of all, due to the policy uncertainty of the tariffs on China, the investment plans and decision-making of the business community have been greatly affected. Businesses need clear policy goals and directions in order to plan for future development and collaboration. However, Biden's delays and waiver extensions have made it impossible for companies to determine the future environment, increasing operational risks and uncertainties.
Second, the continued imposition of tariffs on China has also placed a heavy burden on American consumers. Tariffs directly lead to higher purchase costs for imported goods*** consumers. Especially after the outbreak of the new crown epidemic, the economic pressure on consumers has intensified, and the existence of tariffs on China has undoubtedly further increased their burden. This is one of the reasons why more and more people are opposing the tariff policy.
Finally, Biden's tariff policy on China has sparked controversy in the international system. The imposition of tariffs is considered a unilateralist approach that violates the rules of the world's leading organizations. This not only harms the interests of China and the United States, but also damages the stability of the global chain and industrial chain. Countries around the world are calling on the United States to remove tariffs and restore the order of freedom. Biden must seriously consider these international pressures and voices and reassess the rationality and effectiveness of the tariff policy against China.
In view of the pressure and opposition from all sides, Biden is facing pressure and urgency to reassess his tariff policy on China. Although the final result is not yet available, it can be seen that the dissatisfaction and doubts about the tariffs on China in the United States and the international community are increasing, which will have an important impact on Biden's policy decisions.
On the domestic front, there is growing opposition from stakeholders such as businesses, trade unions and associations to the tariffs on China. They believe that tariff policies have placed a heavy burden on businesses and hurt economic development and employment opportunities. At the same time, consumers are also feeling the direct impact of the tariff policy and are dissatisfied with it. These voices will undoubtedly play an important role in Biden's decision-making.
On the international front, countries have generally expressed concern and opposition to the unilateralist approach of tariffs against China. A number of international organizations and institutions have called on the United States to remove tariffs and maintain a liberal order. Biden needs to carefully weigh international voices and engage in dialogue and consultation with other countries on economic and trade issues.
In the main battlefield of the Sino-US confrontation, Biden's tariff policy against China has encountered a huge dilemma. In the United States, major industry associations are increasingly vocal in opposing tariffs, the business community's investment plans are restricted, and consumers are under higher price pressures. At the same time, the international community has also expressed concern about the US tariff policy and demanded that the tariffs be abolished and the liberal order be maintained. Against this backdrop, Biden must reassess his tariff policy on China, weigh the interests of all parties, and make the right decision. Only in this way can we safeguard the economic interests of the United States and promote global development.