The change in tariff policy towards China in the US Treasury is called a “modification”. strong> and inflation . This was stated on Sunday by two senior officials of the administration, according to “Voice of America”.
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“We all recognize that China is resorting to the whole a number of unfair trade practices that are important to combat, but some of the tariffs we have inherited are not a strategic goal and increase costs for consumers, “said the US Treasury Secretary.
She also added that Biden is considering the possibility of their abolition as a way to reduce inflation. She did not specify what tariffs were in question.
Energy Minister Jennifer Grenholm, meanwhile, said the president was also considering suspending the federal gas tax to cut prices. Speaking on CNN, the minister said such a move was “not out of the question.”
Forty years.
Earlier, US President Biden said he was considering repealing some of his predecessor's tariffs on hundreds of billions of dollars worth of Chinese goods amid a fierce trade war between the world's two largest economies./p>
Over the past 12 months , the cost of fuel in the United States has increased by 62%. Americans complain about gasoline at $ 1.3 per liter, while Europeans pay almost € 2/liter, and this is hardly the limit.
