花辨直播官方版_花辨直播平台官方app下载_花辨直播免费版app下载

Global EditionASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Macro

Expert: Lifting of tariffs will help US tackle inflation

By Liu Zhihua | chinadaily.com.cn | Updated: 2022-06-06 13:54
Share
Share - WeChat
A woman walks past Chinese and US flags displayed at the US Soybean Export Council booth during the 2021 China International Fair for Trade in Services (CIFTIS) in Beijing, on Sept 4, 2021. [Photo/Agencies]

Removing additional tariffs on Chinese goods is an important measure for the United States to curb its record-high inflation, said an expert on Monday.

Urging the US to cut the tariffs, he said China-US economic and trade cooperation will benefit world economic recovery with lower tariff levels. However, he added that the US' strategic suppressing of China's rise may continue but China is capable to cope with such a situation.

His remarks came after US Commerce Secretary Gina Raimondo said on Sunday that US President has given the order to look at the option of lifting some tariffs on China, to combat the current high inflation.

"As the world's two largest economies, any improvement in economic and trade relations between the US and China is beneficial not only for themselves but also for the world," said Tu Xinquan, dean of the China Institute for WTO Studies at the University of International Business and Economics in Beijing.

Any US decision on whether to remove tariffs on certain Chinese goods will only be made on the basis of serving its purpose of suppressing China through decoupling while mitigating pressure on its economic growth, but it is difficult for the US to seek complete decoupling with China, especially in areas with high reliance on Chinese goods and supply chains, such as daily consumer products, he said.

[email protected]

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE