Eliminating US-China trade tariffs will ease inflation: Jacob Lu


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Amol Rajput 9 mins ago On April 19, 2021, the US flag undulates near a container piled up in the Port of Los Angeles, California. Frederick J. Brown | AFP | Getty Images Eliminating tariffs on commodities during the worst of the trade war will help ease US inflation, former Treasury Secretary Jacob Lu told CNBC on Tuesday. But now there is “no political space” to do so, he said on CNBC’s “Street Signs Asia.” “I think there is a big difference between the United States and China. I didn’t think I would just negotiate the exchange of one of...