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World Business Report: First broadcast 06/07/2022 14:32 GMT : US considers cutting China tariffs to fight inflation

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US considers cutting China tariffs to fight inflation

First broadcast 06/07/2022 14:32 GMT 

First broadcast 06/07/2022 14:32 GMT : US considers cutting China tariffs to fight inflation

BBC World Service - World Business Report, US considers cutting China tariffs to fight inflation

It marks Joe Biden's first major policy step on trade ties between the US and China

President Joe Biden may announce a rollback of some US tariffs on Chinese consumer goods, which marks his first major policy step on trade ties between the world’s two biggest economic powers.

The tariffs which cover about $370bn worth of Chinese imports was introduced by President Trump and seen as a signature element of his America first policy.

A planned oil pipeline which is expected to run from the Tanzanian coast to Uganda could be illegal because it breached environmental and human rights guidelines for financing big infrastructure projects according to a report.


(PHOTO CREDIT: Photo by Chris Kleponis/POOL/EPA-EFE/REX/Shutterstock)

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First broadcast 06/07/2022 14:32 GMT : US considers cutting China tariffs to fight inflation

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