Higher US Tariffs On Chinese-Made Goods Should Help US-Based Medical Mask, Glove Manufacturers, Industry Says

Reuters (5/14, Aeppel) reports President Biden’s decision to raise tariffs “on Chinese goods should help US-based medical mask and glove makers, a sector that has largely flamed out after surging during the COVID-19 pandemic.” On Tuesday, industry executives “said Biden’s tariffs could boost demand by helping level a price differential with cheap imports from China, and could foster investments needed to bring some stalled projects online, although some think the 25% duties need to be even higher.”