Tag: China Tariffs

Biden Admin Looks to Gut Chinese Tariffs in Latest Attempt to Shift Inflation Blame

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The Biden administration is mulling removing U.S. tariffs on Chinese “non-strategic” goods in an effort to ease inflation, a move critics said would do little to alleviate the current crisis.

“It has absolutely nothing to do with inflation,” Nick Iacovella, senior vice president of Public Affairs and Communications at the Coalition for a Prosperous America (CPA), told the Daily Caller News Foundation in an interview. “Janet Yellen is a very intelligent person and I am almost certain that she knows that removing China tariffs will have no impact on inflation.”

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Trade Chief Katherine Tai Says U.S. Will ‘Build On’ Trump’s Tariffs to Fight China

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Trade Representative Katherine Tai said the U.S. will “build on” existing tariffs targeting billions of dollars in Chinese imports issued during the Trump administration as President Joe Biden seeks to define his relationship with China, Politico reported.

Tai told Politico the Section 301 tariffs former President Donald Trump issued have “had the effect of getting a lot of people’s attention,” including U.S. companies, their workers, trading partners and China itself.

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