In recent weeks, Biden has said his administration is reviewing potential cuts to Section 301 tariffs on billions of dollars worth of China-made products. The tariffs have long been applauded by labor unions for helping boost U.S. wages and American manufacturing.
An exclusive report from Reuters details how Treasury Secretary Janet Yellen is leading the charge within the Biden administration to cut U.S. tariffs on China. U.S. Trade Representative Katherine Tai, an economic nationalist, is trying to stave off cuts to tariffs.
