Yahoo Finance Video
President Biden is taking on China, raising tariffs on things like electric vehicles and semiconductors. In an exclusive interview with Yahoo Finance, Biden says the tariffs are aimed at "saving American jobs," a notion he reiterated at a White House event. One of those attending the event was International Association of Machinists and Aerospace Workers International President Brian Bryant. He told Yahoo Finance's Executive Editor Brian Sozzi that China is a problem because "they are subsidizing their industries, which we don't do here in the US," allowing the country to flood the market with their products. Bryant says Biden's policies "are bringing manufacturing back home," adding that "thousands" of jobs are being created as a result. Bryant notes his members are concerned about the economy and inflation, but he believes Biden's policies will ultimately bring prices back down. Be sure to watch the full Yahoo Finance exclusive interview with President Biden here. This post was written by Stephanie Mikulich.