Tariff cut on Chinese imports expected to ease high US inflation

The Commerce Department building in Washington, DC, the United States. - Xinhua

BEIJING (China Daily/Asia News Network): Lifting tariffs on certain Chinese products will help mitigate the highest inflation in four decades in the United States and put bilateral trade relations back on a normal track this year, experts and business leaders said on Sunday (April 24).

They made the remarks after US Treasury Secretary Janet Yellen suggested on Friday that the US is open to scaling back the widespread Trump-era tariffs on Chinese goods to help deal with the high inflation disrupting the US economy this year.