Daily News

Tai: Tariff cuts on the table to fight inflation -- if they don’t undercut long-term goals

May 3, 2022 at 10:05 AM
All tools – including possible tariff cuts – are on the table as the Biden administration works to combat inflation, U.S. Trade Representative Katherine Tai said on Monday, though she warned that any near-term decisions should not undercut the longer-term goal of transitioning the economy to be more resilient and more sustainable. U.S. officials in recent weeks have indicated that some tariffs – notably, those imposed on Chinese goods by the previous administration – could be lifted, although not necessarily...

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