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AP-National

Trump or Biden? Either way, US seems poised to preserve heavy tariffs on imports

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Published 4:05 AM

By PAUL WISEMAN
AP Economics Writer

WASHINGTON (AP) — President Joe Biden and Donald Trump agree on essentially nothing, from taxes and climate change to immigration and regulation. Yet on trade policy, the two presumptive presidential nominees have embraced surprisingly similar approaches. Which means that whether Biden or Trump wins the presidency, the United States seems poised to maintain a protectionist trade policy — a policy that experts say could feed inflation pressures. The protectionist tilt of the two presidential contenders reflects the widespread view that opening the nation to more imports — especially from China — wiped out American manufacturing jobs and shuttered factories. It’s an especially potent political topic in the Midwestern industrial states that will likely decide who wins the White House.

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