After officially enacting new tariffs against China on Tuesday, President Biden told Yahoo Finance in an exclusive interview that he hopes to protect American workers and industry from China's manufacturing over-capacities that are widely regarded as anticompetitive and unfair.

"It's created an unlevel playing field for workers where you have an auto worker struggling to keep a good job in the auto industry because they're competing against a country that's taking advantage of manipulating their currency or instituting unfair practices," American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) President Liz Shuler tells Yahoo Finance Executive Editor Brian Sozzi

The AFL-CIO is America's largest union federation comprised of 60 unions — both domestic and international — and over 12 million employed and retired workers.

Shuler provides several examples of the methods China has used to undermine American workers, including steel and aluminum producers, while outlining the trust union leaders have in President Biden.

With Trump "we saw empty promises around infrastructure investment for years. Infrastructure Week came and went. The president paid lip service to it, President Trump," Shuler says. "And now we're seeing an actual 'money where your mouth is' with the investments that President Biden has shepherded through. We're seeing good union jobs. You know, it's one thing to create jobs, but to have good jobs where people can actually make a living, provide for their families is a whole separate story.

Catch Brian Sozzi's exclusive interview with President Biden where he discusses what these new trade tariffs hope to achieve.

This post was written by Luke Carberry Mogan.