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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (188560)	6/9/2022 9:42:13 AM
From: Cogito Ergo Sum	1 Recommendation Recommended By Pogeu Mahone Read Replies (1) \| Respond to of 217615

Long Covid does not appear to be trivial ... I have not heard of long flu or colds ?

To: TobagoJack who wrote (188560)	6/9/2022 11:10:18 AM
From: Pogeu Mahone	Read Replies (1) \| Respond to of 217615

Yellen says White House looking to 'reconfigure' China tariffs as inflation roarsYellen: Reductions in Chinese tariffs 'may be warranted' {Chinese should /could raise prices and put U.S. @ back of solar panel line} By Megan Henney FOXBusiness Inflation ‘much higher’ than the Fed target: Expert Treasury Secretary Janet Yellen said Wednesday that tariff reductions on Chinese goods may be warranted as the White House tries to cool the hottest inflation in four decades, but said that such cuts are not a "panacea" to runaway consumer prices. While testifying before the House Ways and Means Committee, Yellen said the Biden administration is looking to reconfigure some of the Section 301 tariffs on Chinese goods imposed by former President Donald Trump in order to be "more strategic" to trade abuses by Beijing. US ECONOMY ON CUSP OF STAGFLATION, WORLD'S LARGEST HEDGE FUND WARNS "I think some reductions may be warranted and could help to bring down the prices of things that people buy that are burdensome," Yellen said. "I want to make clear, I honestly don’t think tariff policy is a panacea with respect to inflation." She noted that goods account for just one-third of consumption in the country and said there is little evidence that tariff reductions could directly benefit consumers. Still, she said that some of the existing tariffs have hurt American consumers and businesses. Treasury Secretary Janet Yellen speaks during a virtual roundtable with participants from Black Chambers of Commerce across the country to discuss the American Rescue Plan, Friday, Feb. 5, 2021, from the South Court Auditorium on the White House comp ((AP Photo/Jacquelyn Martin) / AP Newsroom) Commerce Secretary Gina Raimondo confirmed on Sunday that President Biden is considering lifting some tariffs on Chinese goods as he seeks to contain voter outrage over the hottest inflation in four decades and convince Americans that his administration is maximizing efforts to tame prices. "We are looking at it. In fact, the president has asked us on his team to analyze that. And so we are in the process of doing that for him and he will have to make that decision," Raimondo said Sunday during an interview on CNN. Yellen was grilled over inflation during her two-day appearance on Capitol Hill, in which she said the U.S. faces "unacceptable" levels of inflation as a result of the COVID-19 pandemic and the Russian war in Ukraine. "We currently face macroeconomic challenges, including unacceptable levels of inflation as well as the headwinds associated with the disruptions caused by the pandemic’s effect on supply chains, and the effects of supply side disturbances to oil and food markets resulting from Russia’s war in Ukraine," Yellen said in prepared remarks.