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Strategies & Market Trends : World Outlook -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (30803)	5/11/2022 9:01:20 AM
From: Les H	Read Replies (1) \| Respond to of 50010

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 China has urged the Biden administration to remove tariffs on Chinese products, imposed by his predecessor Donald Trump, amid growing discourse in the United States over ways to tame the soaring inflation. US President Joe Biden said on Tuesday said that he could drop some of the tariffs, while repeatedly blaming the coronavirus pandemic and Russia’s invasion of Ukraine for rising costs. scmp.com