By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
The News GodThe News God
  • Politics
  • News
  • Business & Finance
  • Lifestyle & Health
  • Sports
  • Tech & Autos
  • Home and Garden
  • Other Categories
    • Travel
    • Education
    • Entertainment
    • Law
    • General
Reading: Commerce secretary: Biden administration might loosen China tariffs to fight inflation.
Share
The News GodThe News God
  • Politics
  • News
  • Business & Finance
  • Lifestyle & Health
  • Sports
  • Tech & Autos
  • Home and Garden
  • Other Categories
Search
  • Politics
  • News
  • Business & Finance
  • Lifestyle & Health
  • Sports
  • Tech & Autos
  • Home and Garden
  • Other Categories
    • Travel
    • Education
    • Entertainment
    • Law
    • General
Follow US
  • Blog
  • Blog
  • Advertise
  • Advertise
The News God > Blog > Politics > Commerce secretary: Biden administration might loosen China tariffs to fight inflation.
Politics

Commerce secretary: Biden administration might loosen China tariffs to fight inflation.

Torffic Frimpong
Torffic Frimpong June 6, 2022
Updated 2022/06/06 at 10:56 AM
Share
2 Min Read
SHARE

During President Trump’s tenure in office, the federal government of the United States implemented tariffs.

Tariffs on Chinese goods will likely be cut in an effort by the United States government to stem the flow of historically high inflation in the United States.

On Sunday, the Secretary of Commerce, Gina Raimondo, asserted that President Joe Biden had personally requested that her staff examine the incident. She said that Biden’s request was sent to her staff. In March, the rate of inflation in the United States hit a level that was greater than it had ever been in any other month since 1979. This was the highest level it had ever been in any month since 1979.

RELATED ARTICLE:

  • Ghanaians don’t trust Bawumia anymore – Kofi Adams
  • Days after Fauci questioned the court’s engagement, Biden official says it plays a “vital role.”
  • Political News: Like Trump, China’s Xi needs ‘phase one’ deal for a political win at home, expert says – CNBC
  • According to an attorney, federal prosecutors have requested Hunter Biden’s paternity documentation, which includes financial information, among other things. They wished to have “every album” released.
  • 7 Financial Planning Tips Everyone Should Know

The imposition of tariffs by the outgoing president, Donald Trump, affects a wide variety of consumer goods that could be purchased from China at a reduced price if not for the tariffs. Earlier, Raimondo had lauded the tariffs that former President Trump had imposed on China, calling them “extremely successful.”

“We are continuing to monitor the situation. The President of the United States has requested that we look into the situation. To put it another way, we are taking care of it for him, but it is up to him to determine whether or not he will make use of it.” CNN questioned Raimondo over the incident, and in his response, he stated that he did not have any remark regarding the matter at this time.

You Might Also Like

White House criticizes Florida’s parental rights law as it goes into force: “This is unfair.”

Joe Biden stated he wouldn’t urge Saudi Arabia leaders to increase oil production, blaming “Russia.”

By breaking with Biden, the suburbs have registered more than 1 million Republican voters.

Lawmakers in Arizona claim to have used scissors to defend themselves against anti-abortion protesters.

Stacey Abrams has refused to declare whether she supports abortion restrictions for up to 9 months.

Torffic Frimpong June 6, 2022
Share this Article
Facebook TwitterEmail Print
Share
Previous Article The Definitive Guide to Data Center vs. Server Room The Definitive Guide to Data Center vs. Server Room
Next Article Stacey Abrams’ group raised anti-police funds when she joined its board.
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Stay Connected

235.3k Followers Like
69.1k Followers Follow
11.6k Followers Pin
56.4k Followers Follow
136k Subscribers Subscribe

Latest News

Jamie Carragher makes a bold Cristiano Ronaldo prediction following Mohamed Salah's contract extension.
Jamie Carragher makes a bold Cristiano Ronaldo prediction following Mohamed Salah’s contract extension.
Sports July 2, 2022
Neymar urged to snub Newcastle United.
Neymar urged to snub Newcastle United.
Sports July 2, 2022
Simon Jordan claims Christian Eriksen has enough reasons to reject Manchester United.
Simon Jordan claims Christian Eriksen has enough reasons to reject Manchester United.
Sports July 2, 2022
Darren Bent makes bold Mohamed Salah claims after signing a new Liverpool contract.
Darren Bent makes bold Mohamed Salah claims after signing a new Liverpool contract.
Sports July 2, 2022

You Might also Like

Politics

White House criticizes Florida’s parental rights law as it goes into force: “This is unfair.”

July 1, 2022
Politics

Joe Biden stated he wouldn’t urge Saudi Arabia leaders to increase oil production, blaming “Russia.”

June 30, 2022
Politics

By breaking with Biden, the suburbs have registered more than 1 million Republican voters.

June 27, 2022
NewsPolitics

Lawmakers in Arizona claim to have used scissors to defend themselves against anti-abortion protesters.

June 27, 2022

© 2022 Thenewsgod. All Rights Reserved.

  • About
  • Contact Us
  • Terms of Use & Privacy Policy
  • Advertise
  • Disclaimer

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?