Biden is considering lifting Trump-era tariffs to slow inflation. Here's how that may affect you

Posted on AllSides June 23rd, 2022
From The Left

Lifting Trump-era tariffs is one of the few things President Joe Biden could do to slow inflation -- but that doesn't mean Americans would immediately notice a drop in prices if he took that action.

So far, Biden has resisted pressure from many in the American business community to lift the tariffs that his predecessor imposed on $350 billion of Chinese goods -- including bicycles, baseball caps and sneakers -- during a tit-for-tat trade war.

But as inflation continues to be a thorn in the President's side -- or "the bane...

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https://www.cnn.com/2022/06/20/politics/biden-trump-tariffs-china-inflation-economy/index.html

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