US Treasury Secretary Janet Yellen says cutting some tariffs on Chinese goods could ease price pressures

//US Treasury Secretary Janet Yellen says cutting some tariffs on Chinese goods could ease price pressures

US Treasury Secretary Janet Yellen says cutting some tariffs on Chinese goods could ease price pressures

US Treasury Secretary Janet Yellen said on Thursday that lowering Trump-era tariffs on imported goods from China through a revived exclusion process could help ease some inflationary pressures, but would be no “game-changer”.Yellen told the Reuters Next conference that she thinks the tariffs of up to 25 per cent on hundreds of billions of dollars worth of annual imports from China “do contribute to higher prices in the United States”.“And the Trump tariffs that were put in place, some of them…

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By | 2021-12-02T16:50:41+00:00 December 2nd, 2021|Headlines|Comments Off on US Treasury Secretary Janet Yellen says cutting some tariffs on Chinese goods could ease price pressures