News Snapshot:
There’s a quick move President Joe Biden could make to immediately help relieve the stress the pandemic-related supply chain crisis is having on US companies: Lift the tariffs imposed by former President Donald Trump. Trump put tariffs on roughly $350 billion of Chinese-made goods — and despite the change in administrations, those duties remain in place. American importers have paid more than $106 billion to cover the cost of those levies to date, and many of them are now facing skyrocketing shipping costs. While the Biden administration has been conducting a comprehensive review of the US-China trade policy, it has...
