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Reuters
Reuters
Business
By Jeff Mason and David Lawder

Exclusive - U.S. rethinks steps on China tariffs in wake of Taiwan response - sources

U.S. President Joe Biden walks from Air Force One as he arrives at Joint Base Charleston in South Carolina, U.S., August 10, 2022. REUTERS/Joshua Roberts

China's war games around Taiwan have led Biden administration officials to recalibrate their thinking on whether to scrap some tariffs or potentially impose others on Beijing, setting those options aside for now, according to sources familiar with the deliberations.

President Joe Biden's team has been wrestling for months with various ways to ease the costs of duties imposed on Chinese imports during predecessor Donald Trump's tenure, as it tries to tamp down skyrocketing inflation.

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