Former Treasury secretary Lew: Rolling back China tariffs would reduce inflation
Rolling back tariffs on goods from China would help ease inflation, former Treasury Secretary Jacob Lew said on Tuesday. “I’ve thought from the beginning that the tariffs were an ineffective way to deal with their attacks on American consumers,” Lew said on CNBC . “And right now, with inflation being an issue, rolling back tariffs would actually reduce inflation in the United States.” The U.S. has maintained significant tariffs on a slew of goods from China since 2018, when they...