Trade
Biden Delays Decision on China Tariffs Put in Place by Trump
- President had signed off on new exclusion process, people say
- Policy considered as China prepares for leadership congress
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President Joe Biden is holding back on a decision to scrap any Trump-era tariffs on China imports, while the administration studies ways to help businesses seeking relief, according to people familiar with the matter.
Biden earlier in the summer had signed off on a new exclusion process for exemptions from tariffs on manufacturing materials imported from China, but has delayed making a final decision for now, three of the people said.