US Trade Representative: Inflation is more complicated than tariff cuts on China

US Trade Representative Catherine Tay said Monday, “Reducing inflation is a more complex issue to address by focusing only on tariffs imposed on China, and it is important to introduce a more in-depth and determined strategic approach to US-China trade relations. It is a complex issue with many causes.

“The economy is huge and it has many pressure points and leverage points,” Tay told the International Trade Association in Washington. “If we are to address an issue like inflation, given the seriousness that it takes, our tools to mitigate and tackle this inflation must consider that it is more of an issue. complicated.”

(Archyde.com)

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