Opinion: Possible Tariff Rollback Won’t Alter U.S. Strategy to Contain China

In the face of surging domestic inflation, U.S. President Joe Biden plans to roll back additional tariffs imposed by his predecessor on Chinese goods. And although this alone cannot tame inflation, it is still worth a try.

Because it misjudged inflation, the U.S. Federal Reserve has had to aggressively tighten monetary policy to fend off the wage-price spiral. Additionally, communication with oil-exporting countries, tariff cuts and other approaches are also necessary to address this urgent problem.