On Wednesday’s broadcast of CNBC’s” Squawk Box”, Sen. Mark Warner ( D- VA ) responded to President Joe Biden’s prior criticism of the Trump China tariffs by stating that China does n’t follow market rules and saying that” I’m sure I probably took a shot”, at Trump’s tariffs at the time,” but we also realize that China is playing with a different set of rules”.
President Joe Biden’s censure of the Trump tariffs was raised by co-host Joe Kernen in 2019, when Biden claimed that “any rookie economics student may tell you that the American people are paying his taxes.” The Target clerks inquired to Warner if he believes Biden’s taxes are the right decision because they are aware of what is happening and are more knowledgeable about economy than Trump.
Warner responded,” China does n’t operate on a]market ] basis”.
Kernen next asked,” Did you condemn Trump’s taxes when he put those on China”?
Warner answered,” I’m certain I probably took a chance, but we also realize that China is playing with a unique set of rules. Let’s see what the Germans do as well before China dumps this many affordable electric vehicles into Germany and the German industry.
Observe Ian , Hanchett on Twitter , @IanHanchett
