“President Joe Biden ditched Trump’s brawling style. But he is keeping some of the former president’s key policies in place that are disliked by CEOs — including tariffs on imports from China and the EU and pressure on U.S. companies to cut their vast overseas supply chains to manufacture in America.
Biden has also stocked key agencies with people who have dedicated their careers to antitrust enforcement — including Lina Khan at the Federal Trade Commission and Jonathan Kanter at the Justice Department. In the last week alone, regulators have moved to blow up both a proposed airline merger and a major Wall Street deal, while attacking lucrative fees slapped on consumers by banks, cable providers and myriad other businesses.”
https://www.politico.com/news/2023/03/13/biden-populist-business-trump-00086446