Sullivan Defends US Tariffs on China, Says Past Policies Failed

3 hours ago 6
WASHINGTON—White House national security adviser Jake Sullivan on Oct. 23 defended U.S. tariffs on Chinese imports, stating that they helped prevent another “China shock.” In May, the Biden administration stated it would continue existing Trump-era tariffs on Chinese goods while imposing new duties on $18 billion of imports in strategic sectors, including electric vehicles. Speaking at the Brookings Institution in Washington, Sullivan explained the reasoning behind this decision. “The PRC is producing far more than domestic demand, dumping excess onto global markets at artificially low prices, driving manufacturers around the world out of business and creating a choke hold on supply chains,” Sullivan said....
Read Entire Article