WASHINGTON—U.S. President Joe Biden’s team is still looking at options on whether to cut tariffs on Chinese imports to ease inflation, the White House said on Tuesday as industry requests to maintain the duties mounted. More than 400 requests to keep tariffs in place on Chinese goods had been submitted to the U.S. Trade Representative’s…
Biden Still Weighing China Tariff Options as Requests to Keep Them Pile Up
Trump Says Biden Administration’s Talk of Lifting China Tariffs Is a ‘Terrible Mistake’
July 6, 2022
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Former President Donald Trump said it would be a “terrible mistake” if the Biden administration decided to combat inflation by lifting tariffs on Chinese goods. Moreover, Trump said such a decision would make the United States look “weak.” “Believe it or not, it is looking more and more like the United States is getting ready…
Trump Says Biden Administration’s Talk of Lifting China Tariffs Is ‘Terrible Mistake’
July 6, 2022
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Former President Donald Trump said it would be a “terrible mistake” if the Biden administration decided to combat inflation by lifting tariffs on Chinese goods. Moreover, Trump said such a decision would make the United States look “weak.” “Believe it or not, it is looking more and more like the United States is getting ready…
Capitol Report (July 5): Major U.S. Cities Marred by Gunfire; Another Rate Hike Coming Soon?
July 5, 2022
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Police have captured the suspect of the 4th of July parade shooting in Illinois and have him in custody. In the city of Chicago alone, 71 people were shot and 8 killed over the weekend, but the politics are being focused on the 4th of July shooting that took place in Chicago’s affluent suburb where…
Capitol Report (July 5): Major US Cities Marred by Gunfire; Another Rate Hike Coming Soon?
July 5, 2022
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4th of JulyCapitol ReportCCPChicagoChinaEpochTVFireworksgun lawsIllinoisIndependence DayJP MorganshootingtariffsUSUS News
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Police have captured the suspect of the 4th of July parade shooting in Illinois and have him in custody. In the city of Chicago alone, 71 people were shot and 8 killed over the weekend, but the politics are being focused on the 4th of July shooting that took place in Chicago’s affluent suburb where…
UK Prime Minister Says There Is ‘New Impetus’ to Cut Food Tariffs Among G-7 Countries
There’s a new momentum among leaders of the Group of Seven (G-7) nations to cut tariffs on food, British Prime Minister Boris Johnson said on Wednesday, adding that U.S. President Joe Biden was planning to cut $178 billion (£146 billion) worth of tariffs. It comes after Johnson vowed to “get people through” the “post-COVID, Ukraine-exacerbated…
China Extends Anti-Dumping Tariffs on EU, UK Steel Fasteners Imports
BEIJING—China’s commerce ministry said on Tuesday it would extend anti-dumping tariffs on certain steel fasteners imported from the European Union and United Kingdom for five years. The anti-dumping tariffs will be imposed from June 29, the ministry said in a statement. By Emily Chow in Kuala Lumpur and Beijing Newsroom …
Will Chinese Tariffs Be Sacrificed on the Altar of High Inflation?
June 23, 2022
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Commentary Reversing Trump-era tariffs on China appears to be inevitable. With year-on-year inflation at 8.6 percent, the Biden administration is trying to find solutions to the problem. An ongoing effort that has failed to dent the inflation numbers has been the tapping of the strategic petroleum reserve aimed at depressing the price of oil. The…
US Trade Representative Cautions Against Removing Trump-Era Tariffs on Chinese Imports
June 23, 2022
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U.S. Trade Representative Katherine Tai told the U.S. Senate on Wednesday that “the China tariffs are a significant piece of leverage,” while President Joe Biden is considering lifting some tariffs on Chinese goods to fight inflation. The Trump administration imposed up to 25 percent tariffs on Chinese imports in 2018 and 2019, since an investigation concluded the Chinese…
Capitol Report (June 20): Are Vaccines Safe for Children Under 5?; Biden Considers Federal Gas Tax Holiday
The vaccination campaign is expanding to American children. This week, locations around the country are opening up for children under 5 to get the shot. The chief White House COVID-19 doctor is appealing to parents around the country to have their children under 5 years of age vaccinated. However, many questions remain as to whether…
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