The Biden administration is considering removing some tariffs for China, as well as a possible suspension of federal gas tax payments, as the US struggles to deal with rising gas prices and inflation.. This was announced on Sunday by two senior administration officials, according to Voice of America..

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“We all recognize that China has a range of unfair trade practices that are important to tackle, but some of the tariffs we have inherited serve no strategic purpose and increase costs for consumers,” the US Treasury Secretary said..

She also added that Biden is considering canceling them as a way to reduce inflation.. She did not specify what tariffs she is talking about..

In turn, Energy Secretary Jennifer Granholm said the president is also considering suspending the federal gas tax to lower prices..

Speaking on CNN, the minister said such a move "

These comments come as the Biden administration struggles to tackle record high gas prices and inflation, which is now at its highest level in 40 years..

Earlier, US President Biden said he was considering lifting some of the tariffs imposed by his predecessor on Chinese goods worth hundreds of billions of dollars amid a bitter trade war between the world's two largest economies..

U.S. fuel prices up 62% in past 12 months. Americans complain about $1.3 per liter of gasoline, while Europeans pay almost €2/liter, and this is hardly the limit.