One of the decisions facing the Biden administration is whether to perpetuate unprecedented levels of tariffs imposed by President Trump. These import taxes, the bulk of which apply to goods from China, have cost the average American household $704 and have dulled the positive effects of tax reductions and regulatory reforms pursued by the Trump administration.
The COVID-19 pandemic continues to bring hardship to countless American households. Domestic businesses have also been challenged, with thousands of companies having to close or file for bankruptcy because of the virus. As vaccines begin to become available, and we accelerate the economic recovery process, President Trump’s trade war with China will continue to act