WASHINGTON – Open Markets industrial policy program manager Audrey Stienon released the following statement on the Biden Administration’s new tariffs on select Chinese-produced materials and technologies. 

“The Biden Administration is working to correct decades of runaway corporate consolidation and control that has left the U.S. and our allies in Europe exposed to supply chain chokepoints and grave economic and national security risks as a result. 

“Far from mirroring the Trump administration’s blunt, America-First-style of protectionism, the Biden tariffs are necessary to protect the global green transition from the risks of regionally-concentrated supply chains and over-dependence on a single country to manufacture the technology that the world will need to successfully create a clean energy future.  

“Further, we should look at these targeted tariffs as a necessary means of maintaining fair competition across borders, correcting for unfair competition from other nations less concerned with a fair, balanced, and stable global trade system.” 

Open Markets has long reported on the ways in which corporate control over our supply chains has resulted in regional concentration of production and dangerous supply chain choke points. Our executive director Barry Lynn has written extensively and testified before Congress and the USTR on solutions for de-risking our supply chains, including through the use of tariffs to correct for unfair practices in other countries. 

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