The Biden administration is continuing to review options on tariffs on Chinese goods, the White House said Tuesday, as a report said the president was expected to roll back some levies on those imports soon. A Wall Street Journal report said President Joe Biden could announce his decision this week. Briefing reporters, White House press secretary Karine Jean-Pierre said Biden’s team is “talking through this” but she had no announcement as of Tuesday afternoon. Biden’s decision could include a pause on tariffs on consumer goods such as clothing and school supplies, as well as launching a framework to allow importers to request tariff waivers, the Journal reported.
Source: Marketwatch