Higher Tariffs Between the U.S. and China Aren’t Going Away Anytime Soon

The Biden administration isn’t ready to lift the levies that have been imposed on Chinese imports. Some U.S. importers have been looking for relief from the tariffs on about $370 billion of goods that were imposed by the Trump administration, but those levies along with China’s tariffs on $110 billion of U.S. goods remain. Read more about it here.