NOVA - Biden to waive solar panel duties eyes other tariff relief

As the White House struggles to get inflation under control, the Biden administration may make some moves on the tariff front to help ease the price pressures. Over the weekend, Commerce Secretary Gina Raimondo said the lifting of Trump-era duties on China could be a good idea and is currently under consideration. Many economists have found that Chinese exporters generally didn't lower prices to keep their goods competitive - meaning U.S. importers passed the duties on to American consumers - though others say the decision would not target inflation at its core (with tariffs being around since 2018) and would reward an authoritarian government. Quote: "It depends on what we're talking about, and what kinds of products," Raimondo told CNN's State of the Union. "For example, steel and aluminum - we've decided to keep some of those tariffs because we need to protect American workers and we need to protect our

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Biden to waive solar panel duties, eyes other tariff relief