Jesse Schreger on Trump's tariff plans

The desire to put high tariffs on China seems credible, if you think back to the first Trump administration and its willingness to use [tariffs] for geopolitical ends.  The Biden administration didn't undo that — in fact, they professionalized it.  The Trump administration's rhetoric might have been stronger, but the Biden administration took this economic battle to the next level. 

~ Jesse Schreger, associate professor of Macroeconomics at Columbia Business School, "China hits dozens of U.S. companies before expected Trump tariffs," CBS News, January 2, 2025