Biden Considers Lifting Tariffs on Some Chinese Goods

JUN 6 2022·Updated DEC 28 2022

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Image credit: Getty Images [via New York Post]

The Facts

US Commerce Sec. Gina Raimondo said Biden has asked the dept. to look into lifting some of Trump-era imposed tariffs on Chinese goods in an attempt to combat inflation.
Forbes
She said that the admin. will keep tariffs on steel and aluminum, but tariffs on items such as household products could very well be lifted.
Forbes
Biden already lifted some of the hundreds of billions in Trump-era tariffs when he came to office, but this will go further.
New York Post
While the Dept. of Commerce is tasked with looking into the possibility, Raimondo said that Biden make the final decision.
FOX News
The move comes after seven Democrats said Biden's recently-released three-point plan to combat inflation was insufficient. Rep. Ro Khanna (D-CA) said Biden needs an "emergency task force empowered to lower prices."
FOX News

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The Spin

Republican narrative

Biden's action will most likely be a unilateral move without any Chinese reciprocation. Besides, this won't help with the highest inflation areas like gas and food, and there's no guarantee that the PRC will lower the prices of goods just because America has dropped the tariffs.

New York Post

Democratic narrative

The tariffs only hurt American importers and consumers, while doing little to achieve their purported goal of pressuring China into ending its unfair trade practices. Eliminating these burdensome tariffs is a powerful tool for Biden to combat inflation and help bring prices down.