^

World

Biden says he plans to talk to China's Xi

Agence France-Presse
Biden says he plans to talk to China's Xi
This combination of file pictures created on June 08, 2021, shows US President Joe Biden (L) speaking at the Eisenhower Executive Office Building in Washington, DC on June 2, 2021; and Chinese President Xi Jinping speaking on arrival at Macau's international airport on December 18, 2019. The US Senate was poised to pass a huge industrial policy bill on June 8, 2021, aimed at countering a surging economic threat from rival China, overcoming partisan divisions to pump more than $170 billion into research and development. The bill would need to return to the House of Representatives for a final vote, but it is expected to win final passage and be signed into law by President Joe Biden.
AFP / Mandel Ngan, Anthony Wallace

WASHINGTON, United States — President Joe Biden said Tuesday he plans to talk with his Chinese counterpart Xi Jinping as he considers lifting some tariffs imposed on Beijing in a bid to ease US inflation.

"I plan on having  a conversation with President Xi. We haven't set a time yet," Biden told reporters. Over the weekend, Biden said a call could be "soon."

The last talks between the two leaders was on March 18, when Biden warned Xi against assisting Russia in its invasion of Ukraine.

The tariffs imposed under former president Donald Trump imposed 25 percent duties on billions of dollars worth of Chinese imports.

The penalties were aimed at punishing what the United States says are China's unfair trade practices and protecting US manufacturers.

The move was popular politically but with inflation at 40 year highs in the United States, Biden is scrambling to find ways to relieve price pressure and he has said that lifting some tariffs is under consideration. 

Treasury Secretary Janet Yellen is among officials saying that a tariff relaxation could help defuse inflation.

The Biden-Xi call would likely have to happen soon in part because the Trump tariffs are set to expire in July unless renewed.

vuukle comment

JOE BIDEN

XI JINPING

Philstar
x
  • Latest
  • Trending
Latest
Latest
abtest
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with