By The FirstJoe Biden continued to spiral out of control during a recent interview with TIME Magazine where he bizarrely asserted that Vladimir Putin was the leader of China, not Russia.
Excerpt from the Interview Below:
But Mr. President, won’t your newly announced tariffs raise the prices on American consumers?
Biden: No, because here’s the deal. There’s a difference. I made it clear to Putin from the very beginning that—I’m not, we’re not engaging in…For example, Trump wants a 10% tariff on everything. That will raise the price of everything in America. [Editor’s note: Biden appeared to mean Xi here, not Putin.]
What I’m talking about, I said, we’re gonna play by the same rules. You tell me if I want to, if an American corporation wants to invest in China, it has to give 50% ownership, 51% ownership to a Chinese operator. And that goes on from there. And I said, so you’re gonna do that to us? (unintelligible) We’re going to do the same thing if you want to invest here. We’re not putting a tariff on. We’re just saying, if you want to do that, well, we’re gonna do that. And you cannot change the market in a way where you flood the market by—ignore all Chinese government subsidies to undercut their ability as to deal with electric vehicles. And we’re not going to put up with it. That’s the thing we talked about. And that’s what we’re talking about. We’re not talking about tariffs across the board.