The Climate Trade War / Trump and Biden Agree to Debate

WSJ Opinion: Potomac Watch

The Wall Street Journal

News, Society & Culture

4.2 • 2.8K Ratings

🗓️ 15 May 2024

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

Joe Biden raises tariffs on Chinese steel, solar cells and electric vehicles, but is this the right way to take on Beijing, or is the President using it as political cover for his green agenda? Plus, after weeks of Donald Trump demanding early presidential debates, Biden agrees to two of them, possibly starting as soon as next month, though he makes some interesting stipulations. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	The Capital Ideas Podcast now has a new monthly edition hosted by Capital Group CEO Mike Gittlin.
0:05.7	Investment professionals reveal their best mentors, how they find their next great idea,
0:10.0	and a few funny stories.
0:11.3	Subscribe wherever you get your podcast,
0:13.4	American Funds Distributors, Inc.
0:15.1	from the opinion pages of the Wall Street Journal,
0:20.8	this is Potomac Watch.
0:24.2	The Biden administration raises tariffs on a range of Chinese products most prominently
0:29.4	electric vehicles, but is this a strategic move by the US or more pandering to domestic politics?
0:36.2	Plus President Biden agrees to two debates against President Trump,
0:40.3	the first coming next month, but he also has stipulations.
0:43.8	Welcome, I'm Kyle Peterson with the Wall Street Journal.
0:46.8	We are joined today by my colleagues, columnist Alicia Finley and Kim Strassal.
0:52.2	President Trump's tariff strategy has long... Alicia Finley and Kim Strassal.
0:52.5	President Trump's tariff strategy has long since been inherited and adopted by President Biden.
0:58.6	But with the 2024 election now coming into view, each man is trying to present himself as the toughest strategic
1:04.6	player on the world stage. The incumbent on Tuesday announced a range of heightened tariffs
1:10.6	on Chinese products, including a 100% import tax on electric vehicles.
1:16.5	Here is part of what Joe Biden said.
1:18.6	A 100% tariff on electric vehicles made in China.
1:21.3	People say, wow. Because we're not going to let China flood our market, making it impossible for American
1:31.5	automata, auto manufacturers to compete fairly.
	...

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