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China Daily / 2022-07 / 07 / Page012

Half measures called too little on tariff cuts

By HENG WEILI in New York, YIFAN XU,YIFAN XU and ZHAO HUANXIN in Washington | CHINA DAILY | Updated: 2022-07-07 00:00
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With speculation of easing by White House, experts seek meaningful action

While a small portion of the tariffs that the United States has imposed on Chinese goods could be removed soon, that represents just the tip of the iceberg, according to a media report that adds to speculation that the White House will ease up on measures judged as hurting US consumers and businesses.

US President Joe Biden could remove tariffs on just $10 billion worth of Chinese goods, according to the news website Politico. Biden's predecessor, Donald Trump, imposed tariffs on about $370 billion worth of imports from China, starting in 2018.

Experts have continued to express concerns over the impact of the tariffs on the US economy, which is battling soaring inflation.

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