USTR Tai says fighting inflation more complicated than cutting China tariffs


Source: channelnewsasia.com channelnewsasia.com

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WASHINGTON : U.S. Trade Representative Katherine Tai on Monday said fighting inflation is a more complicated issue than can be addressed with a "singular focus" on China tariffs, and that it was important to bring a "thoughtful, deliberate, strategic" approach to the U.S.-China trade relationship. Tai, in remarks to the Washington International Trade Association, said inflation was "scary" and hurting Americans' pocketbooks but was a complicated issue with many causes. "The economy is large and there are a lot of pressure points and levers in that economy," Tai said. "If we're going to take on an issue like inflation, and...