Biden ‘Cautious’ on China Tariffs After Pelosi’s Trip, Commerce Chief Says

  • Biden considering future of tariffs on $300 billion in goods
  • Relations complicated by speaker’s visit, commerce chief says

Commerce Secretary Gina Raimondo speaks on “Balance of Power.”

Source: Bloomberg

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House Speaker Nancy Pelosi’s visit to Taiwan has made geopolitics with China “particularly complicated” as President Joe Biden weighs the future of tariffs on more than $300 billion in goods from the US rival, according to his commerce chief.

“Certainly, it has made it a little more challenging,” Gina Raimondo said in an interview on Bloomberg Television’s “Balance of Power With David Westin” on Wednesday. “It’s harder, but I am hopeful that we will get beyond that and get back to a place where we can have more of those discussions.”