Deutsche Welle wrote today (Feb. 10): "The U.S. Chamber of Commerce says that if negotiations on China's unfulfilled 'Phase One' procurement commitment fail, the Biden administration is considering a series of penalties, including restarting trade investigations against China, which could result in tariffs on Chinese goods." ”
Comment on two sentences: while raising interest rates to reduce inflation, while increasing tariffs to import inflation. Is Biden trying to win the Nobel Prize in Economics and test which side runs faster?
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