10.99°C Vancouver
Ads

Jul 5, 2022 6:42 PM - ANI

Biden could lift tariffs on Chinese goods: Report

Share On
biden-could-lift-tariffs-on-chinese-goods-report
US President Joe Biden (Photo : ANI)

US President Joe Biden can lift the tariff on some Chinese imports in an effort to slow down the soaring rates of inflation.

The Biden administration is wrapping up a mandatory review of tariffs on Chinese imports, which were earlier imposed by former President Donald Trump, The New York Post reported. American businesses and labour unions that have favoured keeping the tariffs in place will have to give their comment by Tuesday before the administration announces a final decision on this.

Biden has repeatedly postponed plans to cut tariffs due to policy disagreements among his own senior aides and Cabinet secretaries, The New York Post reported citing the Wall Street Journal. Treasury Secretary Janet Yellen and Commerce Secretary Gina Raimondo are reportedly in favour of reducing tariffs because they view them as ineffectual in addressing alleged trade practices by Beijing. While the US Trade Representative Katherine Tai and national security adviser Jake Sullivan were in favour of keeping the tariffs in place as a tool to exercise leverage over China.

Latest news

mark-carneys-cabinet-has-taken-shape
CanadaMay 13, 2025

Mark Carney's cabinet has taken shape

Prime Minister Mark Carney has unveiled his 28-member cabinet and it's a mix of familiar and new faces from across Canada.Carney's cabinet is smaller than that of his predecessor — former prime minister Justin Trudeau's government had 35 ministers by the end — and adds 10 secretaries of state, who are essentially junior ministers.Carney continued with the practice of gender parity in cabinet started by Trudeau in 2015.Some mainstays of the Trudeau government are also missing from Carney's cabinet. Some portfolios are new or have been split, and some ministers have changed positions.Some Tr
alberta-premiers-chief-of-staff-criticizes-new-environment-minister
AlbertaMay 13, 2025

Alberta premier's chief of staff criticizes new environment minister

Alberta Premier Danielle Smith's chief of staff is sounding the alarm over Prime Minister Mark Carney's pick to head up the government's environment portfolio. Rob Anderson says when it comes to new Environment and Climate Change Minister Julie Dabrusin, Albertans should ``sit down'' for what he suggests is a shocking announcement. He points to Dabrusin's website, which touts her support for putting a price on carbon pollution, her strong stance against oilsands expansion, and her push for a transition away from fossil fuels. Anderson, in a social media post, says, in his words, ``fire...mee
alberta-cabinet-minister-ric-mciver-resigns-post-as-speaker-vote-looms
AlbertaMay 13, 2025

Alberta cabinet minister Ric McIver resigns post as Speaker vote looms

Alberta Municipal Affairs Minister Ric McIver has resigned from cabinet amid speculation he will run for the vacant position of Speaker of the house. Premier Danielle Smith says she's grateful for McIver's commitment and hard work in serving Albertans. She says Tourism Minister Joseph Schow will take on McIver's portfolio on an interim basis. McIver served as municipal affairs minister under two premiers and had previous experience as transportation minister, infrastructure minister and jobs minister. He was first elected to the legislative assembly in 2012 after more than a de
carney-announces-plan-to-crack-down-on-crime
CanadaMay 13, 2025

Carney announces plan to crack down on crime

It will soon be difficult for defendants charged with car theft and human trafficking to get bail in Canada. Prime Minister Mark Carney announced today that his government is going to tighten the Criminal Code to make it difficult for defendants charged with car theft and human trafficking to get bail. Along with this, PM Carney also said that the first meeting of his cabinet will be held tomorrow. He also reiterated that income tax cuts for the middle class will be implemented from Canada Day.
open-fire-ban-in-bc-to-take-effect-may-16
BCMay 13, 2025

Open fire ban in BC to take effect May 16

A ban on open fires will take effect in BC’s Kamloops Fire Centre area starting May 16. This means that trash piles, grass or other similar materials cannot be burned in the open. Municipalities follow the BC Wildfire Service’s restrictions but can impose different restrictions based on local conditions. Anyone found violating the open fire ban can be fined $1,150, up to $10,000 depending on the offence. If convicted in court, the fine can be up to $100,000 and a year in prison. If an open fire causes or contributes to a wildfire, the person responsible can be ordered to extinguish the
ADS
Ads

Related News

ADS
Ads