End Trump’s Trade War? Easy Inflation Win Could Backfire on Biden

In a letter to Biden officials sent ahead of the summit, multiple business groups, including the US-China Business Council and the US Chamber of Commerce, warned that tariffs on China are hurting US companies and families. “These costs, compounded by other inflationary pressures, impose a significant burden on American businesses, farmers, and families trying to recover from the effects of the pandemic,” the groups wrote.