Biden touts his economic legacy and calls Trump’s planned tariffs a ‘major mistake’

During a review of his economic legacy on Tuesday, US President Joe Biden called the new tariffs his successor Donald Trump has vowed to impose a “major mistake”, while urging the president-elect not to reverse his signature policies on critical technology and green energy.

In a speech at the Brookings Institution, Biden said that Trump “seems determined to impose steep, universal tariffs on all imported goods brought to this country in a mistaken belief that foreign countries will bear the cost of those tariffs, rather than the American consumer”.