Biden Sharply Raises Tariffs on Chinese EVs, Steel, Solar Cells; US Wholesale Inflation Hits Highest Rate in a Year | Business Matters Full Broadcast (May 14)

President Joe Biden on Tuesday unveiled steep tariff increases on an array of Chinese imports including electric vehicle batteries, computer chips, and medical products, in a bid to woo voters who give his economic policies low marks. Producer prices—the cost of goods and services paid by businesses—rose hotter than expected in...