During an interview aired on Tuesday’s broadcast of NPR’s “Morning Edition,” U.S. Trade Representative Amb. Katherine Tai responded to concerns that the Biden administration’s China tariff regime, which includes keeping tariffs from the Trump administration, will be inflationary by stating that “we’ve seen studies debunk the link between these tariffs and inflation.
Co-host Michel Martin asked, “he administration has been reviewing the tariffs imposed by the Trump administration. You’re keeping some of these tariffs on hundreds of billions of dollars of other Chinese goods, which were originally set by Trump.
Tai responded, “Well, I think we’ve seen studies debunk the link between these tariffs and inflation. More importantly, being able to invest in our industry means that we are investing in supply-chain resilience. We’re investing in our manufacturing capacities, which will allow for us to defend against the kind of inflationary price spikes that we’ve had over the last couple of years, where supply was restricted and we weren’t able to respond.
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