WASHINGTON—U.S. Trade Representative Katherine Tai on Monday said fighting inflation is a more complicated issue than can be addressed with a “singular focus” on China tariffs, and that it was important to bring a “thoughtful, deliberate, strategic” approach to the U.S.–China trade relationship.
Tai, in remarks to the Washington International Trade Association, said inflation was “scary” and hurting Americans’ pocketbooks but was a complicated issue with many causes.
“The economy is large and there are a lot of pressure points and levers in that economy,” Tai said. “If we’re going to take on an issue like inflation, and given the seriousness that it requires, then our approach to tools for mitigating and addressing that inflation need to respect that it is a more complicated issue than just tariffs.”…