President Joe Biden’s decision to review the legacy of U.S.-China trade war started by his predecessor is now under the spotlight for reasons other than still tense relations between Washington and Beijing: inflation at home.
The inflation rate hit a 40-year high in May as consumer prices surged 8.6%, the Department of Labor said on Friday. From gas to food, rising costs are putting severe pressure on American families.
As the U.S. president heads into crucial midterm…
SOURCE: NIKKEI ASIA