BizBeat Ep. 393: Removing China tariffs would tackle U.S. inflation
The U.S. Bureau of Labor Statistics said the country's consumer price index rose 8.3% on a yearly basis in April. U.S. President Joe Biden said tackling inflation is a top economic priority. However, it looks like the White House is not addressing the issue. In this episode of BizBeat, CGTN's Guan Xin believes it's time for Biden to stand tall and remove the duties forthwith before they leave deeper scars on the flagging U.S. economy.