Senate Republicans and Democrats are rebuking claims from President Joe Biden and Treasury Department Secretary Janet Yellen that United States tariffs on Chinese imports have helped spur record inflation for American consumers.
Senate Republicans, Democrats Rebuke Joe Biden, Janet Yellen: ‘Tariffs Are Not a Driver of Today’s Inflation’
“Rolling back the tariffs on China would undermine the U.S. position in negotiations, expose many U.S. companies and workers to a sudden flood of imports, and signal to China that waiting out the United States is preferable to changing their non-market behavior or complying with the Phase One Agreement,” the Senators wrote.they want to cut U.S. tariffs on China in what they claim will drive down inflation for American consumers.that cutting U.S.
much of the inflation we are seeing relates to fuel and food — sectors that are unrelated to imports from Chinawe urge you to retain the tariffs on China in their current form
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