Biden to speak with China's Xi, deciding on easing tariffs

Sun, 03 Jul 2022

Biden to speak with China's Xi, deciding on easing tariffs

Robert Besser
22 Jun 2022, 12:58 GMT+10

U.S. President Joe Biden has said that he is planning to speak with Chinese President Xi Jinping soon, and is deciding whether to ease economic tariffs on China
President Donald Trump has imposed a 25 percent duty on billions of dollars of Chinese products
The tariffs were designed to reduce the U.S. trade deficit and force China to adopt fairer practices

WASHINGTON, D.C.: U.S. President Joe Biden has said that he is planning to speak with Chinese President Xi Jinping soon, and is deciding whether to ease economic tariffs on China.

President Donald Trump has imposed a 25 percent duty on billions of dollars of Chinese products. The tariffs were designed to reduce the U.S. trade deficit and force China to adopt fairer practices.

Meanwhile, Treasury Secretary Janet Yellen has said that eliminating some of the China tariffs would help America fight inflation in the United States.

However, U.S. Trade Representative Katherine Tai has voiced objections to easing tariffs when China has not upheld its agreements on purchasing U.S. products.

"What is of the utmost importance for us is to ensure that this medium-term strategic realignment that we know we need to accomplish is something that we are able to accomplish and that nothing that we do in the short term undermines that larger goal," Tai recently told The Associated Press.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to The UK News.

More Information

16 ℃

Cloudy in Newham

International

Section

Arab states reaching energy targets with alternative solar, wind power

DUBAI, UAE: The Arab states have built significant amounts of solar and wind power installations, and are in line to ...

Brexit seen as driving force behind Scotland independence vote

LONDON, England: A second referendum on Scottish independence is set to be held in October 2023. The Scottish government, led ...

Tuvalu pulls out of UN ocean conference after China blocks Taiwan

LISBON, Portugal: Tuvalu Foreign Minister Simon Kofe walked out of the opening cermonies of this week's United Nations Ocean Conference ...

14 ft. crocodile captured by man in Indonesia, returned to nature

SULAWESI, Indonesia: Using just a rope, an Indonesian man, supported by fellow villagers on the island of Sulawesi, captured a ...

Watford FC bans Qatar friendly due to fans' human rights concerns

WATFORD, UK: Watford F.C. has cancelled a friendly match against the Qatar national team due to the Gulf country's human ...

Istanbul Pride parades blocked by Turkey police

ISTANBUL, Turkey: Turkish police detained dozens of people after local authorities banned Istanbul's annual Pride parade from going ahead this ...

Football

Section

Timbers bring unbeaten streak into match vs. Nashville

After losing in the U.S. Open Cup quarterfinal this past week, Nashville SC aim to get back in the win ...

Crew aim to continue strong play when they meet Union

Boosted by the contributions from their young players, the resurgent Columbus Crew hosts the Philadelphia Union on Sunday seeking to ...

Minnesota United happy to be home for clash vs. Real Salt Lake

After spending the entire month of June on the road, Minnesota United get to play a home game on Sunday ...

ISL: Chennaiyin FC rope in Ghanaian striker Kwame Karikari

Chennai (Tamil Nadu) [India], July 2 (ANI): Indian Super League club Chennaiyin FC have bolstered their attack by signing forward ...

Cincinnati seeking a breakthrough against Revolution

The New England Revolution will aim to extend a pair of streaks on Sunday night when they host FC Cincinnati ...

Ronaldo demands Man United exit media

Cristiano Ronaldo has asked Man United to allow him to leave the club, per reportsCristiano Ronaldo's second spell at Manchester ...

Movie Review

Another 48 Hrs.