Biden Is Said to Be Close to Rollback Some China Tariffs

Bloomberg Politics published this video item, entitled “Biden Is Said to Be Close to Rollback Some China Tariffs” – below is their description.

President Joe Biden may announce a rollback of some US tariffs on Chinese consumer goods as soon as this week as the administration seeks means to fight accelerating inflation, according to people people familiar with the deliberations. Eric Martin reports on Bloomberg Television.

Bloomberg Politics YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.


About This Source - Bloomberg Politics

Bloomberg Politics produces English language political stories from around the world, from a US perspective. Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

Recent from Bloomberg Politics:

House Speaker Pelosi: We Will Not Allow China to Isolate Taiwan

Japan Cabinet Shift Indicates Ongoing BOJ Easing, Economists Say

Democrats Reach Deal on Tax and Climate Bill

In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

1 Recent Items: Inflation

Markets digest inflation; Recession fears and psychology; S&P and Nasdaq up for 4th week in a row

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.