INFLATION BOMB COMING – BIDEN TEAM RUNNING SCARED IN NOVEMBER – HEADING INTO A TRAIN WRECK

DEMOCRATS DIAGNOSED WITH INFLATION DISEASE


President Joe Biden’s administration is considering a drawdown of tariffs on Chinese goods in an effort to combat record-high inflation in the U.S.

Commerce Secretary Gina Raimondo confirmed the potential move on Sunday, saying Biden has personally asked her team to look into the issue. Inflation in the U.S. hit a 40-year high in March and is expected to escalate in the coming months.

List of rail accidents (1900–1909) - Wikiwand

List of rail accidents (1900–1909 …

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Some of the tariffs, imposed by former President Donald Trump, affect household goods that could be purchased more cheaply from China. Raimondo previously praised some of Trump’s tariffs on China as “very effective.”

MEDIA, ECONOMIC EXPERTS REACT TO APRIL INFLATION NUMBERS: ‘NOT A LOT OF COMFORT’

Commerce Secretary Gina Raimondo speaks during a press briefing in the briefing room of the White House in Washington, Thursday, July 22, 2021. (AP Photo/Andrew Harnik)

Commerce Secretary Gina Raimondo speaks during a press briefing in the briefing room of the White House in Washington, Thursday, July 22, 2021. (AP Photo/Andrew Harnik) (AP Photo/Andrew Harnik)

The potential move comes as the Biden White House searches frantically for inflation remedies. Biden released a 3-point plan to combat inflation last week, but even members of his own party criticized it as lackluster.