NEW YORK -- President Joe Biden's decision to review the legacy of U.S.-China trade war started by his predecessor is now under the spotlight for reasons other than still tense relations between Washington and Beijing: inflation at home.
Impact likely limited but Trump-era tax better gone for other reasons, economists say
The inflation rate in the U.S. hit a 40-year high of 8.6% in May, growing to be a challenge for U.S. President Joe Biden. © Reuters
NEW YORK -- President Joe Biden's decision to review the legacy of U.S.-China trade war started by his predecessor is now under the spotlight for reasons other than still tense relations between Washington and Beijing: inflation at home.