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Raimondo Eyes 'Appropriate' Tariffs on China
21 Feb
Summary
- Former Commerce Secretary Raimondo discussed tariffs.
- Supreme Court struck down global tariffs from Trump era.
- New tariff strategies are being considered by the US.
Former U.S. Secretary of Commerce Gina Raimondo has spoken about the possibility of implementing carefully considered tariffs on China. Her remarks follow a critical U.S. Supreme Court ruling that invalidated broad global tariffs previously put in place during the Trump administration.
Raimondo indicated that there is a discernable strategy for applying tariffs in an 'appropriate' manner. This suggests a move towards more targeted trade measures.
The court's decision has reshaped the landscape for U.S. trade policy, prompting a reevaluation of existing and potential future tariff applications. Discussions are ongoing regarding the specific nature and implementation of these new tariff strategies.
This evolving trade situation highlights the administration's continued focus on economic relations with China and the tools available to manage them.
