{"id":2009865,"date":"2023-08-23T19:06:02","date_gmt":"2023-08-23T23:06:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/white-house-trumps-tariff-proposal-will-lead-to-higher-prices-and-higher-inflation\/"},"modified":"2023-08-23T19:07:25","modified_gmt":"2023-08-23T23:07:25","slug":"white-house-trumps-tariff-proposal-will-lead-to-higher-prices-and-higher-inflation","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/white-house-trumps-tariff-proposal-will-lead-to-higher-prices-and-higher-inflation\/","title":{"rendered":"White House warns: Trump&#8217;s tariffs mean &#8216;increased prices and inflation&#8217;"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fwhite-house-trumps-tariff-proposal-will-lead-to-higher-prices-and-higher-inflation%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2009865&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>The Biden White House Opposes Trump&#8217;s Proposed 10% Tax on\u200b Foreign Imports<\/h2>\n<p>The Biden White\u200d House has strongly opposed former President Donald Trump&#8217;s \u200bsuggestion of implementing a\u200c 10% tax on all foreign imports. They argue that such a tax would increase costs for \u200blower-\u200c and middle-income Americans.<\/p>\n<p>Recently, Trump announced that if he were elected in 2024, he would automatically impose a\u2062 10% \u200btariff on all foreign imports.\u2064 This proposal has faced criticism, even from some Republicans.<\/p>\n<h3>Trump&#8217;s Plan and its Impact<\/h3>\n<blockquote>\n<p>&#8220;When\u200d companies come in and they \u2062dump \u2062their products in the United States, they should pay, automatically,&#8221; Trump stated. &#8220;I do like the 10%\u2063 for\u200c everybody.&#8221;<\/p>\n<\/blockquote>\n<p>White House officials have \u2062expressed concerns that Trump&#8217;s plan would reverse the economic progress achieved under President Joe Biden&#8217;s administration.<\/p>\n<p>&#8220;President Biden\u2019s top\u200c priority is to protect\u2062 the higher wages, lower costs, and progress against \u200bglobal inflation he\u2019s delivering for <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/fncs-carlson-gamestop-saga-shows-system-is-not-the-capitalism-we-were-promised-not-even-close\/\" title=\"FNC's Carlson: GameStop Saga Shows System Is 'Not the Capitalism We Were Promised -- Not Even Close'\">middle-class families<\/a>,&#8221; said White House deputy press\u2064 secretary Andrew Bates. &#8220;President Biden\u2063 strongly opposes plans to\u200b hurt hardworking families with higher prices and higher \u200dinflation.&#8221;<\/p>\n<p>Bates also emphasized the importance of <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-torched-over-disastrous-jobs-report-hes-not-the-next-fdr-hes-the-next-jimmy-carter\/\" title=\"Biden Torched Over Disastrous Jobs Report: He\u2019s Not The Next FDR, He\u2019s The Next Jimmy Carter\">bringing jobs back<\/a>\u200d to\u2062 America and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/white-house-trumps-tariff-proposal-will-lead-to-higher-prices-and-higher-inflation\/\" title=\"White House warns: Trump's tariffs mean 'increased prices and inflation'\">addressing trade abuses committed<\/a> by countries like China.<\/p>\n<h3>Trump&#8217;s Tariffs\u200d on China<\/h3>\n<p>During his presidency, Trump implemented heavy tariffs on China, which played a role in the Phase One\u2062 <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/fda-changes-tune-on-approving-china-developed-drugs\/\" title=\"FDA Changes Tune On Approving China-Developed Drugs\">trade deal signed<\/a> \u200bjust before\u2063 the outbreak of the coronavirus pandemic.<\/p>\n<p>Although President Biden promised to review the previous administration&#8217;s China policies, he\u200b has not\u200d made any changes to \u200cTrump&#8217;s baseline taxes, despite China&#8217;s failure to \u200bmeet the commitments\u2062 outlined in the \u200dtrade \u200bdeal.<\/p>\n<p>Overall, the Biden White House remains committed to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-threatens-to-veto-gop-bill-cutting-72-billion-from-irs\/\" title=\"Biden Threatens to Veto GOP Bill Cutting  Billion From IRS\">protecting middle-class families<\/a> and\u200c promoting economic\u2064 growth while opposing measures that could hinder progress.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Biden administration strongly opposes Trump&#8217;s proposal of a 10% tax on foreign imports, arguing it would burden lower- and middle-income Americans. Trump plans to implement this tariff if reelected in 2024.<\/p>\n","protected":false},"author":1,"featured_media":2009866,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-2009865","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2009865","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2009865"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2009865\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2009866"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2009865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2009865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2009865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}