Report: Biden Admin. Planning to Ease Chinese Tariffs to Help Inflation

Gage Skidmore from Peoria, AZ, United States of America

The Biden Administration is planning to kill two birds with one stone.

To ease record inflation, the Biden White House is reportedly planning to ease tariffs on China a move that would also be a direct hit to former President Trump’s legacy.

Some of the tariffs, imposed by former President Donald Trump, affect household goods that could be purchased more cheaply from China and were even praised as being “highly effective” by Biden’s Commerce Secretary Gina Raimondo said/

Fox News reports:

“We are looking at it. In fact, the president has asked us on his team to analyze that. And so we are in the process of doing that for him and he will have to make that decision,” Raimondo told CNN in an interview when asked about the issue.

The move comes as the Biden White House frantically scrambles to find inflation remedies, however, even Democrat representatives have criticized Biden’s plan.

“I support the president’s efforts, but we need a bolder vision and faster action,” Rep. Ro Khanna, D-Calif, wrote Thursday. “To meet the moment, Mr. Biden shouldconvene an emergency task force empowered to lower prices and address shortages. We need an all-out mobilization, not just a few ad hoc initiatives reacting to headlines.”

The Biden administration repeatedly insisted last year that inflation would be “transitory.” Treasury Secretary Janet Yellen admitted last week that her prediction had been “wrong.”

“I think I was wrong then about the path that inflation would take.” she told CNN at the time. As I mentioned there have been unanticipated and large shocks to the economy that have boosted energy and food prices and um, supply bottlenecks that have affected our economy badly, that I didn’t, at the time, understand.”

Inflation in the U.S. hit a 40-year high in March and is expected to escalate in the coming months.



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joseph stach
20 days ago

Now with the China tariffs reduced, Hunter will get a bonus and the “BIG GUY” will get his 10% cut. GET DEAL FOR US U,S. citizens-NOT!!!

vinnie
vinnie
20 days ago

Send the Beach bum back to the Beach, he can only make things worse than he already has!

Deplorable Conservative
Deplorable Conservative
20 days ago

Pulling the handle to flush us down the toilet. Way to go there Brandon!!!

Fred Schroeder
Fred Schroeder
20 days ago

If he lifts the tariffs, will the Big Guy get his 10%?

markypolo
20 days ago

LOL. What a moron! Printing and spending money like it grows on trees is what creates inflation! How did Democrats get so stupid?

TxPepper
TxPepper
19 days ago
Reply to  markypolo

Get? They’ve been this way for a long time.

The Dim constituents are just too stupid in their own right to recognize the fact.

The only thing the Dim politicos are smart at is getting away with all the c**p they’ve pulled for decades.

CHRIS KELLY
CHRIS KELLY
20 days ago

China along with India and Modi are the COVID CAPER. They are the ones trying desperately trying to De-populated. This is all sponsored by the World Economic Forum. Former Sec of Defense Esper and DARPA took their orders from GLOBALIST central in DAVOS. RAND and Raytheon do the work. They do not have the courage to print this. LONG live American hero JUDY MIKOVITZ. FACED WITH THE DEATH OF HER FAMILY if she speaks and truly outs FAUCI !! Reply to me as I am terminal and not fearful.

Bill
Bill
20 days ago

F-J-B

Just me
Just me
20 days ago

Groper Joe Bribedem, easing tariffs because his owners, the Chinese Communist Party, demanded it or they would take away Bribedem’s illicit cash flow while simultaneously shafting the American taxpayers. But, as long as he and his druggie boy get rich, it’s “in the best interest of this nation”. DemoRATS – shafting the American taxpayers for as much as they can for as long as they can get away with it. FJB, FJB!!

Wedg
Wedg
20 days ago

How about producing US oil? Seems to me , if the cost of fuel goes down then the cost of everything goes down.

msgleo
msgleo
19 days ago

So is his goal to help Chinese inflation?

DrBillLemoine
DrBillLemoine
19 days ago

This is a good move reducing and/or eliminating China goods tariffs as prices of items to Americans will be reduced/eliminated. We don’t need further Trump punishment moves to stay when it penalizes American consumers at the cash register.

george
george
17 days ago

Buying Chinese Junk is going to make our economy better how?

Curmudgeon
Curmudgeon
16 days ago

People should not be so tough on poor ole’ Lunch Box Joe; He’s just trying to save himself and his own family after all.. not many people would actually believe they will actually destroy our entire Nation just trying to follow the Puppet Master’s lead(s)…especially when they come from so far away, with reds who don’t even speak English pulling the strings.

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