Lifting Tariffs on Goods May Make Sense, US Commerce Chief Says
- Raimondo says president open to ideas that will tame inflation
- Some steel, aluminum duties to stay to protect US workers
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President Joe Biden’s commerce chief said it “may make sense” to lift tariffs on some goods as a way to tame the hottest inflation in almost four decades.
“Steel and aluminum -- we’ve decided to keep some of those tariffs because we need to protect American workers and we need to protect our steel industry; it’s a matter of national security,” Gina Raimondo said in an interview Sunday on CNN’s “State of the Union.” “There are other products -- household goods, bicycles -- it may make sense,” she said, when asked if the administration would consider ending duties on billions of dollars of imports from China.