WASHINGTON, June 3 — The Biden administration is considering “all options” as it reviews potential changes to US duties on Chinese imports, including tariff relief and new trade investigations in a shift of focus to strategic concerns with Beijing, Deputy US Trade Representative Sarah Bianchi said on Thursday.
US President Joe Biden has said he is considering removing some of the tariffs imposed on hundreds of billions of dollars worth of Chinese goods by predecessor Donald Trump in 2018 and 2019 amid a bitter trade war between the world’s two largest economies. His administration is seeking ways to cool inflation, and industry groups have called for tariff cuts to reduce costs for businesses and consumers.
US Treasury Secretary Janet Yellen has argued that some duties hurt consumers and should be removed, while US Trade Representative Katherine Tai has argued that the tariffs should be considered as part of an overall strategy to push China to meet its trade commitments and end abusive economic practices.
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