President Biden is expected to roll back some tariffs on Chinese imports soon, according to the WSJ -- likely this week. The report was out earlier to
President Biden is expected to roll back some tariffs on Chinese imports soon, according to the WSJ — likely this week. The report was out earlier today and highlights the administration’s desperate efforts to curb inflation.
“It could include a pause on tariffs on consumer goods such as clothing and school supplies, as well as launching a broad framework to allow importers to request tariff waivers,” the report said.
This won’t move the needle much and could be politically fraught but it may also help improve US-China relations.
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