News Snapshot:
The removal of tariffs on imported Chinese goods will strip 1% off inflation in the U.S. over time and serve as a winning election strategy for Washington. Not only was there no negative impact on the Chinese economy, the U.S.-China trade war acted as a boomerang on the U.S. economy. Biden does not need congress permission to lift tariffs if he implements temporary exclusions or signs an executive order. Removing tariffs on imported Chinese goods will strip 1% off inflation in the U.S. over time and return confidence to the economy which could help President Joe Biden at the ballot...