Biden confuses Xi and Putin while telling TIME why his tariffs will NOT raise prices for Americans

President Joe Biden mixed up the two powerful world leaders who are central to his foreign policy in a new Time Magazine interview.

The article, titled '"We Are the World Power." How Joe Biden Leads,' is intended to convey how Biden is the keeper of a post World War II alliance of democracies intent on confronting tyrants and maintaining an international framework. 

But during one notable moment, Time's editors felt the need to correct the transcript of Biden's interview,' noting the mishap. 

'Editor’s note: Biden appeared to mean Xi here, not Putin,' according to the article transcript.

The mix up comment came when Biden was blaming corporate America for 'ripping off' the public and adding to inflation. A reporter asked Biden whether his own newly announced tariffs would contribute to inflation, following Biden's move to slap tariffs on Chinese electric vehicles and advanced batteries.

President Joe Biden mixed up Russian President Vladimir Putin and China's President Xi Jinping at one point during his interview with Time

Trump slapped the tariffs on China as part of his 'America First' agenda.

'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,' Biden said. 

The trade discussion was within a part of the interview dealing with protecting Taiwan and overall security in the Asia Pacific.

During another moment in the interview, Biden briefly mixd up Moscow and Ukraine, although he quickly corrected himself after he misspoke. 

Biden's interview with Time Magazine was defensive and, at times, combative as he was questioned on his record as president and his age going into November's election

It happened after he pulled out a copy of Putin's February 2021 speech to the Russian people about the Donbass, a territory Russia invaded in 2014.

'And it lays out why I believe Trump—what he never understood—which is that Russia, he wasn’t just going into Moscow, I mean from Russia into Ukraine, for purposes of keeping them from having weapons, etc. He believes it is an essential part of Russia, from the beginning.

The interview, pegged to the coming anniversary of the D-Day invasion, which Biden will mark at Normandy, presented the opportunity for the president to restate his world view at a time he is facing a brutal reelection contest against Donald Trump,  

 Biden, 81, also used the interview to insist his age won't prevent him from having a successful second term. 

'I can do it better than anybody you know,' he told a pair of Time editors. 'You're looking at me, I can take you too,' he joiked.