evidence: Set against those considerations is China’s uncompromising response so far to complaints about Chinese industrial overcapacity that plagues many of the items on the Biden tariff list, especially EVs. Janet Yellen highlighted the issue on her latest visit to China. But China is unapologetic. During his recent visit to Europe, Xi Jinping insisted that "the so-called ‘problem of China’s overcapacity’ does not exist, either from the perspective of comparative advantage or in light of global demand." [...] Businesses should prepare for President Biden and former President Donald Trump to continue taking tough-on-China stances on economic issues ahead of the November election. Biden touted his measures as better for US workers, while Trump claimed that Biden followed his lead and argued that tariffs are needed on more products. An escalation of tit-for-tat measures can significantly damage the US-China bilateral relationship and warrants careful monitoring. Given the broadly bipartisan skepticism toward China, the tariff measures were largely welcomed in Congress, although Republicans criticized elements of the announcement. The response reinforces the tough-on-China economic and national security approach that many members of Congress have taken. Indeed, Congress is likely to continue its actions to restrict the activities of some Chinese companies in the United States on national security grounds: