Quotes
When a country just rips us off like China, then what I did is that the tariffs, and the tariffs were forcing companies back to the United States,
This is a targeted intervention that shouldn't have much impact at all on inflation,
he said in an interview with CNBC If we don't take action, we're putting at risk about one of our most critical sectors - what the president calls the backbone of the American economy, the bedrock of our national security - and that's domestic steel production,
the chairman of the White House Council of Economic Advisers told CNBC The problem today is corporate greed more than anything,
If taken, these actions will not increase inflation,
a senior administration official said It has nothing to do with elections,
a senior administration official said China's policy-driven overcapacity poses a serious risk to the future of the American steel and aluminum industry,
National Economic Council Director Lael Brainard said on a call with reporters on Tuesday The president understands we must invest in American manufacturing. But we also have to protect those investments and those workers from unfair exports associated with China’s industrial overcapacity,
White House National Economic Adviser Lael Brainard said on a call with reporters China is simply too big to play by its own rules,
Lael Brainard, who heads Mr. Biden’s National Economic Council, told reporters If this is done, it is obviously not helpful to WTO rules. I think it will result most likely in a tit-for-tat approach. Other members will also look to levy these sorts of charges in return; that's what I think,
And then I think we will have a little bit of a free-for-all which would upend the stability and predictability of trade,
This is why we are taking a serious look at how our existing tools are addressing this problem, including through our four-year review of the China Section 301 tariffs,
Our economic relationship with the PRC is complex, and as the President said, we want competition with China, not conflict,
Reducing dependencies and vulnerabilities and strengthening supply chains is a major priority for USTR this year, which informs our work as part of the President’s Council on Supply Chain Resilience,