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    Biden Considers Lowering Tariffs On China And Pushing OPEC To Pump More Oil

    town gistBy town gistMay 23, 2022
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    While grappled with a politically damaging wave of inflation, the U.S. President Joe Biden said he was considering slashing tariffs on Chinese goods.

    At the same time, he wants to pressure OPEC to increase oil supply, reported Reuters.



    “I am considering it. We did not impose any of those tariffs. They were imposed by the last administration, and they’re under consideration,” Biden stated on reducing tariffs on China.

    President Biden made the remarks during a press conference with Japanese Prime Minister Fumio Kishida.

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