President Donald Trump is acknowledging that his tariffs could result in fewer and costlier products in the United States.

President Donald Trump has announced far-reaching new tariffs on nearly all U.S. trading partners — including a 34% tax on imports from China and 20% on the European Union, among others.

President Joe Biden enters the midterm election year of 2022 determined to address what economists call a “supply” problem.

Joe Biden’s presidency is entering a new and more perilous phase.

Biden is taking the opposite approach of the Clinton administration to help the economy. White House aides are comparing the scope of Biden's policy ambitions to Franklin Delano Roosevelt's after the Great Depression. Biden was probably the best about this.”AdCelinda Lake conducted polling for both the Clinton and Biden campaigns. The Biden administration is now challenging China, which never embraced the values of democracy as trade advocates once believed it would. But he sees the Biden administration as pursuing new policies to help workers.

Biden also selected Wally Adeyemo to be Yellen’s deputy, which would make him the first Black deputy treasury secretary. Rouse, Tanden and Adeyemo will all require Senate confirmation, and Tanden in particular is already drawing heavy Republican criticism. “They’re fairly conventional liberal economists and experts.”Still, the Biden administration’s ambitious goals will face solid opposition from Republicans in Congress. She first made her mark in the Clinton orbit, and served as policy director for Hillary Clinton’s 2008 presidential race. Bernstein has also worked as a social worker and was an economist at the Economic Policy Institute, a labor-supported think tank.