WASHINGTON—All tools are on the table to address rising inflation, including reductions of tariffs on Chinese imports, U.S. Trade Representative Katherine Tai said on Monday, but she stressed that any policy shift needed to keep medium-term goals in mind.
Such goals include building a more resilient, durable, global economy that served workers as well as consumers, she noted.
Monetary, tax, and policy have a role in addressing surging food and energy prices, Tai told a conference hosted by the Milken Institute in Los Angeles.
“Sure we can look at those tariffs, but I’m giving you the … strategic lens through which we need to be looking at. The question is what do we do with them.”
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