to bring down inflation. for more on this i m joined now by katheryn russ senior fellow at the think tank the peterson institute for international economics. good morning to you. do you think the tariffs imposed by the previous administration in the previous administration in the us, trump administration and the other ones that counted on us goods could soon become a thing of the past? thing of the past? president biden appears thing of the past? president biden appears more - thing of the past? president biden appears more likely i thing of the past? president| biden appears more likely to remove some of the tariffs now than he did in his first year of office, part of that is related to an elation as you discussed, part of it because removing the tariffs could serve as a carrot to china, to help induce them to mute their support to russia amid the russian war on ukraine. [30 support to russia amid the russian war on ukraine. do you think it will russian war on ukraine. do you t
Removing tariffs on imported Chinese goods will strip 1% off inflation in the U.S. over time and return confidence to the economy which could help President Joe Biden at the ballot box, former U.S. ambassador David Adelman says. “Inflation will be No. 1 issue in midterm elections in the U.S. in November,” Adelman told CNBC’s .