BEIJING: China is hoping for the U.S. to remove punitive tariffs on its goods, with a commerce ministry researcher arguing it’s in America’s best interest to do so as worries over inflation mount.
The two countries should scrap or reduce the tariffs imposed on each other under the Trump administration to help push forward future trade talks, said Mei Xinyu, a researcher at China’s Ministry of Commerce. It’ll also curb U.S. inflation pressures at a time when prices are rising faster than expected.
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