West Coast ports and political figures are intensifying their appeal to President Biden to eliminate tariffs on China. Citing economic damage and supply chain disruptions, representatives from major ports like Los Angeles and Long Beach, alongside elected officials, are advocating for a change in trade policy.
They argue that the tariffs, initially imposed during the Trump administration, have not achieved their intended goals and are instead harming American businesses and consumers. The higher costs associated with tariffs are passed down, increasing prices for goods and services. Furthermore, the tariffs have led to retaliatory measures from China, impacting American exports and agricultural sectors.
The coalition emphasizes that removing the tariffs would provide much-needed relief to businesses struggling with inflation and supply chain bottlenecks. It would also foster stronger trade relations with China, a crucial economic partner. They propose a more strategic approach to trade that focuses on collaboration and mutual benefit rather than protectionist measures.
The plea comes at a time when the Biden administration is evaluating its trade strategy with China. While some officials support maintaining the tariffs as leverage, others recognize the need to ease trade tensions and promote economic stability. The decision will have significant implications for West Coast ports, which handle a large volume of trade between the U.S. and China, and the broader American economy. The group hopes their united front will sway the administration towards a more open and beneficial trade relationship.
