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During an appearance on CNBC’s “Squawk Box,” Senator Mark Warner (D-VA) responded to President Biden’s previous criticism of Trump’s China tariffs by pointing out that China does not adhere to market rules.
Warner acknowledged that he may have criticized Trump’s tariffs at the time, but emphasized that China operates under a different set of rules.
When asked about President Biden’s tariffs, Warner reiterated that China does not operate based on market principles. He also mentioned the potential impact of China flooding the European market with cheap electric vehicles.
Warner’s comments reflect a nuanced understanding of the complexities of trade relations with China.
