With US President Joe Biden looking to cool inflation, some trade analysts say the time has come to lift punishing tariffs on Chinese goods. Photo: Reuters
China implores US to drop tariffs that punish Americans and Chinese alike
- Amid rising risks of inflation, the Biden administration may lift some tariffs on Chinese goods – punishing measures that analysts say have backfired on the US economy
- Beijing’s request comes after it extended tariff exemptions on some US products in April for the seventh time
With US President Joe Biden looking to cool inflation, some trade analysts say the time has come to lift punishing tariffs on Chinese goods. Photo: Reuters
