WASHINGTON (China Daily/Asia News Network): Removing tariffs on Chinese goods will ease historic inflation in the United States, experts and trade group officials said, as US President Joe Biden has vowed to make curbing consumer prices a top priority.
Tariffs have been an "ineffective way" to address trade disputes between the world's top two economies, Jacob Lew, chair of the National Committee on US-China Relations, said on Tuesday, adding that right now, "with inflation being an issue, rolling back tariffs would actually reduce inflation in the United States".