President Joe Biden has instructed his administration to look into the possibility of easing certain tariffs on China imposed by former President Donald Trump to battle current rising inflation, according to US Commerce Secretary Gina Raimondo.
The Biden administration is considering lifting tariffs on China to ease inflation, Rhode Island Governor Nikki Raimondo has said.
We are looking at it. In fact, the president has asked us on his team to analyze that, she told CNN in an interview today.
The semiconductor chip shortage could likely continue until 2024 and Congress needs to act on a solution, she said.
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