For the first two decades of the 21st century, many consumer products on America's store shelves got less expensive due to imports, causing job loss in American factories.
Former President Trump and President Biden are implementing tariffs on Chinese goods to revitalize American manufacturing and protect industries amid competition, closing an era of prioritizing lower-cost products over manufacturing jobs.
Biden's move to heighten tariffs highlights a shift away from the previous trade strategy, symbolized by a 100% tax on Chinese electric vehicles, marking a major change from pro-trade policies with China.
Historically, the US pursued trade with China under the assumption of mutual benefit from outsourcing; however, the current focus has shifted towards protecting American jobs and factories amidst changing economic landscapes.
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