No Biden move on Chinese tariffs likely before G7 meeting -sources

Published by
Reuters

By Andrea Shalal, David Lawder and Trevor Hunnicutt WASHINGTON (Reuters) – U.S. President Joe Biden is considering scrapping tariffs on a range of Chinese goods to curb inflation, but no decision is likely before next week’s Group of Seven summit, people familiar with the matter said. White House officials discussed options on Friday with Biden for reducing some of former President Donald Trump’s punitive duties on China, including potentially substantial cuts, three of the sources said. The scale of any potential final move is not yet decided, they said. Biden’s advisers are poring over Trump…

Read More

Leave a Reply