Lifting some tariffs on some goods from China may help toward reducing U.S. inflation, Commerce Secretary Gino Raimondo said during a CNN interview June 5. "[W]e've decided to keep some of those [steel and aluminum] tariffs, because we need to protect American workers and ... our steel industry. That's a matter of national security," Raimondo said, but there are other tariffs on products like "household goods [or] bicycles ... [that] it may make sense" to eliminate in order to help American families, she said.
The Bureau of Industry and Security this week extended by a month a public comment period to allow more time for feedback on the U.S.-EU Trade and Technology Council's Secure Supply Chains Working Group. BIS said it wants to allow commenters to “take into account any developments or announcements that may occur” during the TTC’s upcoming meeting in France May 15-16. Comments, originally due May 23 (see 2204050012), are now due by June 23.