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Biden May Ease Chinese Tariffs to Curb Inflation Despite Skeptics Urging Further Pressure on Beijing_我的网站
A | President Joe Biden is expected to roll back some Trump-era tariffs on Chinese imports as early as next week, according to insiders cited by The Wall Street Journal.,The decision, which could include a pause on tariffs on consumer goods ranging from clothing to school supplies, would likely be complemented by a broader policy allowing importers to request tariff waivers, added the report.,The decision is believed to be prompted by the need to address sky-rocketing inflation, which rose unexpectedly last month to a fresh four-decade high of 8.6%, according to the US Labor Department.,However, the move will attempt to strike a balance between cutting consumer costs while maintaining pressure on Beijing, stated the publication.,The timing of the reported announcement is linked to a mandatory four-year statutory review of tariffs set in place under then-President Donald Trump by the Office of the US Trade Representative (USTR). It issued a Federal Register notice in May to initiate the first step of the process to determine whether China tariffs “issued pursuant to Section 301 of the Trade Act of 1974” should be continued beyond the 4-year mark since their implementation.,Thus, claimed the report, the Biden administration will be provided with an opportunity to ‘calibrate its policy’ before the comment period for businesses and others who have benefited from the tariffs closes on July 5.,‘Split’ Over China Tariff,Joe Biden’s decision regarding China tariffs has been delayed up until now due to deep divisions within his own administration on this issue, according to WH officials and trade experts cited by the outlet.,US Treasury Secretary Janet Yellen in June revealed that the administration was looking at ways to ‘reconfigure' the tariffs to help curb inflation, adding that some of the restrictions inherited from the administration of the 45th POTUS were not ‘strategic’ and failed to address China’s ‘unfair trade practices.’,“Reconfiguring some of those tariffs so they make more sense and reducing unnecessary burdens is something that’s under consideration,” Ms. Yellen said in an interview with ABC News on June 19.,Still earlier, on June 8 Yellen told the House Ways and Means Committee hearing she expected the Biden administration to have additional information on its plans ‘in the coming weeks.’,“I think some reductions may be warranted,” Yellen said of the tariffs, claiming that the cost of certain duties on China ended up being paid by Americans. Her stance has been reportedly supported by Commerce Secretary Gina Raimondo.,Scholar: Biden's Plan to Lift China Tariffs Shows US Can't Take on Beijing and Moscow at Once24 June, 16:21 GMT,Proponents of tariff slashing believe that it could signal Biden’s resolve to fight inflation and boost the Democratic president’s plummeting approval rating ahead of the November midterms.,However, opposing a paring back of the tariffs are US Trade Representative Katherine Tai and National security adviser Jake Sullivan, reported WSJ. Tai has repeatedly defended the tariffs as a useful tool for achieving concessions from China.,“The China tariffs are, in my view, a significant piece of leverage, and a trade negotiator never walks away from leverage,” Tai told a Senate subcommittee meeting on June 22.,According to skeptics, a mulled tariff cut should be complemented by specific measures. The suggested options ostensibly include raising tariffs on strategic items such as industrial machinery and transportation equipment, while lowering duties on consumer goods.,Furthermore, tariffs on a new set of products could be derived from a fresh US probe under Section 301 of the Trade Act focusing on China’s industrial subsidies on high-tech items, stated the report.,However, economists doubt that easing Chinese tariffs would have a dramatic impact on inflation.,Leading US Unions Urge Biden Administration Not to Ease Tariffs on Chinese Goods7 June, 12:23 GMT,Peterson Institute for International Economics analysts Megan Hogan and Yilin Wang were cited as saying that removing tariffs on Chinese imports could bring down the consumer-price index inflation by no more than a marginal 0.26 percentage points. However, subsequently, “as US corporations trim their markups to compete with imports,” that might result in a 1-percentage-point reduction in inflation, experts added.,In his trade war with China over its purportedly unfair trading practices, former President Donald Trump imposed over four rounds of levies between July 2018 and September 2019. Targeting Chinese imports worth an estimated $370 billion, they ranged from 7.5% to 25%.,Trump’s actions were based on the findings of a Section 301 investigation into China’s practices related to technology transfer and intellectual property.,Despite the US and China penning a trade deal in 2020, Washington had kept intact most levies on Chinese imports ostensibly to ensure compliance with the accord’s provisions. Beijing has argued that the tariffs hurt both countries.,“With inflation rates running high across the globe, the U.S. needs to lift all the additional tariffs imposed on China, as this will serve the interests of businesses and consumers and benefit both countries and the world at large,” Chinese Foreign Ministry spokesman Wang Wenbin said at a June 15 press conference.。 고(故) 장미란씨 실종 사건을 허위 종결한 혐의를 받는 제주서부경찰서 소속 부 경장이 25일 제주지방법원에서 구속 전 피의자 심문(영장실질심사)을 마친 뒤 이동하고 있다. /사진=뉴스1 고(故) 장미란씨 실종 사건 등을 허위 종결한 혐의를 받는 부 경장이 실종자와 연락한 적이 있다고 속인 탓에, 경찰이 통화기록을 찾는 데만 3주의 시간을 보낸 것으로 나타났다.26일 뉴스1에 따르면 경찰은 지난 5월15일 장미란씨에 대한 1차 실종 신고를 접수했고, 이어 7월19일 2차 실종 신고를 받았다.2차 신고가 접수됐을 때 부 경장은 "1차 신고 당시 장씨와 연락이 닿았다"고 주장했지만, 정작 통화한 기록은 확인되지 않았다. 부 경장이 휴대전화와 사무실 전화 등 어떤 방법으로 실종자와 연락했는지 확답을 내놓지 못했기 때문이다.이에 경찰은 부 경장의 거짓말을 의심하면서도 장씨 소재 파악이 우선이라고 판단, 실종자와의 통화 내역을 찾는 데 주력했다. 이후 3주 동안이나 통화기록을 찾지 못한 경찰은 지난 11일에야 부 경장을 직위해제하고, 지난 14일 직무유기 등 혐의로 입건했다.경찰 관계자는 "다른 방식으로 부 경장이 장씨와 통화했을 가능성을 염두에 두고, 근무환경에서 통화가 가능한 통수신 방법을 전부 확인했다"며 "그럼에도 통화 확인이 안 돼 허위 종결 가능성이 있다고 보고 수사를 의뢰한 것"이라고 밝혔다.장미란씨는 지난 5월12일 밤 10시15분쯤 제주시 한림읍에서 장기 투숙 중이던 숙소를 나간 뒤 연락이 끊겼다. 이후 사흘 뒤인 5월15일 오후 장씨의 남자친구가 경찰에 실종 신고했다.그러나 사건을 담당한 제주서부경찰서 소속 부 경장은 장씨와 실제로 연락하지 않았음에도, 신고자에게 "장씨와 연락이 닿았으나 위치를 알려주고 싶어 하지 않는다"고 거짓으로 설명한 뒤 신고 접수 약 2시간30분 만에 사건을 종결했다.부 경장은 경찰 내부 실종자 관리 시스템에서도 장씨 자료를 삭제하면서 해제 사유를 '교통사고 사망'으로 허위 입력한 것으로 파악됐다.장씨에 대한 수색은 가족이 지난달 19일 서울의 한 경찰서에 다시 신고하면서 재개됐다. 장씨는 실종 104일 만인 이달 24일 머물던 숙소에서 직선거리로 약 400m 떨어진 야자수 농장에서 숨진 채 발견됐다.부 경장은 또 다른 60대 남성의 실종 사건도 당사자 소재를 확인한 것처럼 허위로 종결한 혐의를 받고 있다. 이 남성 역시 실종 신고 51일 만에 숨진 채 발견됐다. 부 경장은 직무유기와 공전자기록 위작·행사, 위계에 의한 공무집행방해 등 혐의로 지난 25일 구속됐다.。
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