White House discussing “irresponsible” Trump-era tariffs on Chinese goods
White House discussing “irresponsible” Trump-era tariffs on Chinese goods

White House discussing “irresponsible” Trump-era tariffs on Chinese goods

 

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The White House is discussing possible changes to some “irresponsible” tariffs imposed on Chinese goods by former President Donald Trump that raised costs on US families and businesses, press secretary Karine Jean-Pierre said on Tuesday.

The Biden administration had long noted that some of those Trump-era tariffs were “irresponsible and did not advance our national security,” resulting instead in higher costs for US consumers and businesses, she said. “We’re discussing this, and working to align these haphazard tariffs and our priorities to safeguard the interests of our workers and critical industries,” she said.

Treasury Secretary Janet Yellen last week told lawmakers that the administration was actively looking to “reconfigure” tariffs on Chinese imports but warned that such cuts would not be a “panacea” for easing high inflation.