The National Retail Federation calls on Biden to change the tariff policy for China

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The National Retail Federation calls on Biden to change the tariff policy for China

2022-05-19 18:18:29 17 ℃

On May 18, local time, the National Retail Federation called on the Bayeng government to reduce or cancel tariffs on China to cope with high inflation.

The association said the cancellation of the tariff policy during the Trump period can reduce the price by 1.3%.Affected by the trade war, American importers have been forced to pay more than $ 136.5 billion in tariffs. This part of the cost is eventually transferred to the consumption end and passed on to consumers.(CCTV reporter Xu Tao)