Reference News Network reported on June 15 that according to the US "Wall Street Journal" website reported on June 14, US administration officials said that Biden is expected to make a final decision in the next few weeks on whether to extend the tariffs imposed by former President Trump. .
He is grappling with record inflation.
Data map: US President Biden.
Image source: Visual China
According to the report, White House press secretary Jean-Pierre said on the 14th that no decision has been made, but she also criticized some tariffs for being ill-considered.
"We've said from the outset that some of Trump's tariffs are irresponsible, that instead of advancing our economic security or our national security, they increase spending for households and businesses," she told reporters traveling with Biden.
The report noted that some U.S. government officials, including U.S. Treasury Secretary Janet Yellen, expressed openness to easing tariffs.
Yellen told a House committee last week that the administration is considering adjusting tariffs on China to ease inflation, since tariffs are paid by U.S. businesses and consumers.
According to reports, former US President Trump provoked a trade dispute with China during his administration. In accordance with the so-called "Section 301", that is, Section 301 of the US "Trade Act of 1974", China's exports to the United States worth hundreds of billions of dollars each year. Tariffs.
The Biden administration is currently evaluating whether these tariffs should continue, the report said.
(compile/mardan)